
Brian Zinchuk is editor and owner of Pipeline Online
Editor’s note: Last week, just days before the federal election call, CEOs of the largest oil industry companies in Canada sent a joint letter to the leaders of all the major federal parties. What’s remarkable about this letter is that up until now, most oil company CEOs have largely kept quiet during the pipeline wars and outright assault on the oil and gas industry. Apparently, that silence is now ending. Here’s the letter:
How Canadian energy can help strengthen Canada’s economic sovereignty
March 18, 2025
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At the same time, Canadian energy can help address global carbon emissions. Canadian LNG could replace the more emissions-intensive coal fired electricity generating plants throughout Asia. Canada’s oil sands industry has been investing heavily in research and regulatory approvals to develop new carbon capture and storage projects that have the potential to reduce the sector’s carbon emissions intensity. Thus, an expanding Canadian oil and natural gas sector helps the world’s efforts to tackle this global challenge.
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- 0086 Sask Gov Oil and Gas Incentive Programs0086 Sask Gov Oil and Gas Incentive Programs
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- 0077 Caprice Resources Stand Up For Free Speech0077 Caprice Resources Stand Up For Free Speech
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Realizing Canada’s opportunity will take collaboration between industry, government, and society. The federal government has an opportunity to reset its policies, and regulatory frameworks to support oil and natural gas investment and remove the barriers we have imposed on ourselves over time. For the oil and natural gas sector to expand and energy infrastructure to be built, Canada’s federal political leaders can create an environment that will:
- Simplify regulation. The federal government’s Impact Assessment Act and West Coast tanker ban are impeding development and need to be overhauled and simplified. Regulatory processes need to be streamlined, and decisions need to withstand judicial challenges.
- Commit to firm deadlines for project approvals. The federal government needs to reduce regulatory timelines so that major projects are approved within 6 months of application.
- Grow production. The federal government’s unlegislated cap on emissions must be eliminated to allow the sector to reach its full potential.
- Attract investment. The federal carbon levy on large emitters is not globally cost competitive and should be repealed to allow provincial governments to set more suitable carbon regulations.
- Incent Indigenous co-investment opportunities. The federal government needs to provide Indigenous loan guarantees at scale so industry may create infrastructure ownership opportunities to increase prosperity for communities and to ensure that Indigenous communities benefit from development.
By declaring a Canadian energy crisis and key projects in the “national interest,” the federal government will be able to use all its available emergency powers to ensure that the dramatic regulatory restructuring required to expand the oil and natural gas sector is rapidly achieved.
As leaders of the energy sector, we are ready and willing to engage with you on the matters so that energy projects are moved forward promptly, and construction of critical infrastructure can begin in the near term for the benefit of Canada and all Canadians nationwide.
Regards,
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- 0046 City of Estevan This is Estevan Teaser0046 City of Estevan This is Estevan Teaser
- 0088 WBPC_2025_30SEC_PROMO0088 WBPC_2025_30SEC_PROMO
- 0087 Lori Carr Coal Expansion0087 Lori Carr Coal Expansion
- 0086 Sask Gov Oil and Gas Incentive Programs0086 Sask Gov Oil and Gas Incentive Programs
- 0085 Turnbull snow removal call office0085 Turnbull snow removal call office
- 0084 EMP Metals Pipeline Online0084 EMP Metals Pipeline Online
- 0077 Caprice Resources Stand Up For Free Speech0077 Caprice Resources Stand Up For Free Speech
- 0076 Latus only0076 Latus only
- 0061 SIMSA 2024 For Sask Buy Sask0061 SIMSA 2024 For Sask Buy Sask
- 0055 Smart Power Be Smart with your Power office0055 Smart Power Be Smart with your Power office
- 0051 JML Hiring Pumpjack assembly0051 JML Hiring Pumpjack assembly
- 0049 Scotsburn Dental soft guitar0049 Scotsburn Dental soft guitar
- 0041 DEEP Since 2018 now we are going to build0041 DEEP Since 2018 now we are going to build
- 0032 IWS Summer hiring rock trailer music
- 0022 Grimes winter hiring
- 0021 OSY Rentals S8 Promo
- 0018 IWS Hiring Royal Summer
- 0013 Panther Drilling PO ad 03 top drive rigs
- 0011
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- 0002 gilliss casing services0002 gilliss casing services
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