Media statement - March 18, 2025

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Suspendisse urna justo, aliquam et fringilla vitae, commodo vel mauris. Duis dignissim dolor eu auctor mollis. Quisque egestas sodales sagittis. Vivamus malesuada augue nisl, ut gravida nulla congue egestas. Sed ac euismod urna. Sed volutpat finibus sem, ut viverra elit sagittis non. Vestibulum at ultricies purus. Pellentesque habitant morbi tristique senectus et netus et malesuada fames ac turpis egestas. Nunc semper enim turpis, ac rhoncus magna tincidunt scelerisque. Curabitur varius, nisi id tristique molestie, nisl purus iaculis nisl, non consequat nibh nulla eu turpis. Sed vel ipsum a quam aliquet faucibus sit amet quis justo. Donec egestas, velit ut imperdiet iaculis, eros nibh auctor dolor, at volutpat augue nunc vitae neque. Donec blandit, felis sit amet maximus scelerisque, risus massa eleifend mi, a mattis orci urna faucibus est. Aliquam volutpat eros at rutrum varius. Sed et suscipit neque, eu facilisis ipsum.

• 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 The federal carbon levy on large emitters is not globally cost competitive and should be repealed to allow provincial governments to set more suitable carbon regulations.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.

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