During a meeting with oil and gas executives in Canada’s oil-producing province of Alberta, Canadian Prime Minister Mark Carney pledged that the federal government would work to fast-track major projects to make Canada an energy superpower.
“We met with leaders in clean and conventional energy today in Calgary. We all agree: it’s time to build,” Carney posted on X after the meeting.
“Canada’s new government is ready to fast-track major projects across the country that will make Canada an energy superpower,” said the PM.
Carney also met with Alberta’s Premier Danielle Smith, who has been calling for years on the federal government to make Alberta’s energy more easily accessible for international markets and stop meddling with too much federal oversight in emissions reductions.
Carney said he discussed with Smith “what matters most: building one united Canadian economy — including getting big things built and major infrastructure projects off the ground, in Alberta and across Canada.”
Smith, for her part, said that Alberta needs a guaranteed corridor and port access to tidewater off the Pacific, Arctic and Atlantic coasts for the international export of Alberta resources. The oil-rich province also needs an approval of an oil pipeline to the B.C. Northwest coast, repealing the Tanker Ban to enable exports from the Port of Prince Rupert, and returning the regulation of industrial emissions to the provinces, among other things, Alberta’s premier added.
Earlier this year, ahead of the Canadian federal elections, the chief executives of some of the largest Canadian energy companies called on Canada’s main political parties to declare a Canadian energy crisis and key projects in the “national interest,” which would speed up reforms, planning, and construction of new oil and gas pipelines and LNG terminals.
“Canadians increasingly see the importance of using our abundant energy to ensure Canada can defend its sovereignty, play a role in the world as a force for good, and improve our overall economic competitiveness and prosperity,” said 14 CEOs representing the four largest pipeline companies and 10 largest oil and natural gas companies in Canada.
By Charles Kennedy for Oilprice.com
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