March 21,2025
Let’s work together for Canada’s economic and energy future by removing barriers and developing policies to grow Canada’s oil sands and build infrastructure that brings our oil to diverse markets. At the same time, let’s secure the future of Canada’s oil sands by making it competitive in global markets.
Acting now, we can seize the opportunity to provide economic and energy security for Canada.
There are four pillars needed to enable the oil sands sector to grow:
- Remove barriers to investment
- Remove redundancies and barriers within and between levels of government that detract from investment certainty.
- Focus federal regulation on areas of federal jurisdiction and respect areas of provincial jurisdiction.
- Reform the Impact Assessment Act to address barriers to production growth and market access.
- Eliminate regulation that is a barrier to market access for Canada. For example, repeal C-48 “The Tanker Ban.”
- Take all actions available to rapidly advance new transportation and economic corridor approvals through a streamlined pre-approval process.
- Incorporate clear timelines that all parties, (government, industry and Indigenous groups) must adhere to during regulatory review and application processes.
- Allow industry to speak openly about what we are doing to improve our environmental performance by removing recent amendments to the Competition Act related to environmental claims.
- Build additional pipeline capacity and increase market access
- Create the investment climate needed to attract private capital to Canada to support nation-building infrastructure and maximize the value of our natural resources.
- Demonstrate leadership to advance coast-to-coast transportation corridors so that oil, electricity, raw materials and other resources can move across the country to power Canadian manufacturing and resource development projects.
- Address the barriers that are limiting production growth to ensure Canadian resources are extracted and have access to domestic and international markets.
- Advance Indigenous initiatives that enable partnerships and build trust
- Provide more consistent, predictable, and timely consultation processes for Indigenous communities, governments and industries.
- Establish a policy that provides federal revenue sharing with Indigenous communities for resource development without adding incremental costs or regulatory constraints for industry.
- Establish a globally competitive carbon management framework
- Ensure climate policies help attract investment so that Canada can grow the economy and develop responsible, reliable, and affordable energy.
- Repeal the federal government’s current, uncompetitive industrial carbon pricing system and allow provincial governments to set more suitable carbon regulations.
- Eliminate unachievable policies that put Canada at a disadvantage including the Emissions Cap and the Clean Electricity Regulations.
- Incentivize emissions reductions projects with fiscal policies, such as tax credits, that allow industry and government to invest in and advance projects. Ensure incentives are timely, predictable, efficient and competitive with other jurisdictions.
In summary, it is the right time to bring investment back to Canada and secure our energy and economic future. We have the resources, and we have the skills, what we need is the political will and true partnerships with Indigenous communities to develop our resources, protect our environment and build the infrastructure needed to carry us through the 21st century.