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Carney discussed "partnerships" with oil and gas executives in Calgary
Carney discussed "partnerships" with oil and gas executives in Calgary

National Observer

time3 days ago

  • Business
  • National Observer

Carney discussed "partnerships" with oil and gas executives in Calgary

Prime Minister Mark Carney sat down with oil and gas executives in Calgary Sunday to discuss partnerships and to get their input for his plans to make Canada an energy superpower. Carney, in his first visit to Calgary since being sworn in as prime minister, held a closed door roundtable with more than two dozen members of the energy sector. Attendees included Tourmaline Oil CEO Michael Rose, Pathways Alliance President Kendall Dilling, ATCO CEO Nancy Southern, Imperial Oil President John Whelan and Jon McKenzie, president of Cenovus Energy. Reporters were only allowed to hear a few comments from the prime minister before being asked to leave the room at the Harry Hays building. "Thank you for convening on a Sunday morning and also for what you've all been doing to help build our our economy, build a future," Carney said. "I'd like to thank a number of you who wrote directly to me a month or so ago and I felt it would be best to get together and discuss it in much more detail than through an exchange of letters given the importance of the issues." Thirty-eight CEOs of Canadian energy companies signed a letter congratulating Carney on his April 28 election win and pitching policy measures they say would help the prime minister make good on his promise to build the fastest-growing economy in the G7. That would include scrapping the federal emissions gap on oil and gas producers and repealing industrial carbon pricing to help bolster the industry. The CEOs want an overhaul of the Impact Assessment Act, which sets out the process for assessing major projects, and of the Oil Tanker Moratorium Act, which bans oil tankers carrying more than 12,500 metric tons of crude from stopping along parts of British Columbia's coastline. Carney campaigned on expediting reviews of major energy infrastructure projects. He promised before the election to move forward with a "one project, one review" approach by recognizing assessments conducted by the provinces and territories. The federal government unveiled its proposed emissions cap regulations late last year. They would compel upstream oil and gas operations to reduce emissions to 35 per cent below where they were in 2019 by sometime between 2030 and 2032. "Partnership is a theme for our discussion this morning," Carney said, accompanied by Energy Minister Tim Hodgson, Dominic LeBlanc, the minister responsible for Canada and US trade and Emergency Management Minister Eleanor Olszewski. "It's a critical time for our country. The world's certainly more divided and dangerous and the imperative of making Canada an energy superpower in all respects has never been greater. We will do everything we can at the federal government level to support those partnerships." Alberta Premier Danielle Smith was asked on her weekend radio show if she was concerned that the federal throne speech didn't include a mention of pipelines. "He may not have said the words 'oil and gas' and he may not have said the word 'pipeline,' but conventional energy means oil and gas, and the only way to get it to market efficiently is through pipelines," said Smith, who says she's hoping for a one-on-one with Carney at Monday's First Ministers conference in Saskatoon. Smith also praised Carney for being more willing to engage with the premiers on issues of national importance than his predecessor Justin Trudeau. She was coy when asked about consequences if Carney doesn't deliver, saying she prefers to be optimistic. Carney also took a moment on Sunday to thank the Department of National Defence, the provinces of Manitoba, Saskatchewan and Alberta, and volunteers involved in fighting extensive wildfires and co-ordinating large-scale evacuations. "The good news is those are proceeding well at this stage but of course it's not over until it's over and we're at the start of the forest fire season across the country," he said. "So we'll stay committed to doing everything that we can with partners." This report by The Canadian Press was first published June 1, 2025.

Oil and gas leaders hear Carney's 'partnerships' pitch to make Canada an energy superpower
Oil and gas leaders hear Carney's 'partnerships' pitch to make Canada an energy superpower

Vancouver Sun

time4 days ago

  • Business
  • Vancouver Sun

Oil and gas leaders hear Carney's 'partnerships' pitch to make Canada an energy superpower

Prime Minister Mark Carney sat down with oil and gas executives in Calgary Sunday to discuss partnerships and to get their input for his plans to make Canada an energy superpower. Carney, in his first visit to Calgary since being sworn in as prime minister, held a closed-door roundtable with more than two dozen members of the energy sector. Attendees included Tourmaline Oil CEO Michael Rose, Pathways Alliance President Kendall Dilling, ATCO CEO Nancy Southern, Imperial Oil President John Whelan and Jon McKenzie, president of Cenovus Energy. Reporters were only allowed to hear a few comments from the prime minister before being asked to leave the room at the Harry Hays building. Start your day with a roundup of B.C.-focused news and opinion. By signing up you consent to receive the above newsletter from Postmedia Network Inc. A welcome email is on its way. If you don't see it, please check your junk folder. The next issue of Sunrise will soon be in your inbox. Please try again Interested in more newsletters? Browse here. 'Thank you for convening on a Sunday morning and also for what you've all been doing to help build our country…build our economy, build a future,' Carney said. 'I'd like to thank a number of you who wrote directly to me a month or so ago and I felt it would be best to get together and discuss it in much more detail than through an exchange of letters given the importance of the issues.' Thirty-eight CEOs of Canadian energy companies signed a letter congratulating Carney on his April 28 election win and pitching policy measures they say would help the prime minister make good on his promise to build the fastest-growing economy in the G7. That would include scrapping the federal emissions gap on oil and gas producers and repealing industrial carbon pricing to help bolster the industry. The CEOs want an overhaul of the Impact Assessment Act, which sets out the process for assessing major projects, and of the Oil Tanker Moratorium Act, which bans oil tankers carrying more than 12,500 metric tons of crude from stopping along parts of British Columbia's coastline. Carney campaigned on expediting reviews of major energy infrastructure projects. He promised before the election to move forward with a 'one project, one review' approach by recognizing assessments conducted by the provinces and territories. The federal government unveiled its proposed emissions cap regulations late last year. They would compel upstream oil and gas operations to reduce emissions to 35 per cent below where they were in 2019 by sometime between 2030 and 2032. 'Partnership is a theme for our discussion this morning,' Carney said, accompanied by Energy Minister Tim Hodgson, Dominic LeBlanc, the minister responsible for Canada and U.S. trade and Emergency Management Minister Eleanor Olszewski. 'It's a critical time for our country. The world's certainly more divided and dangerous, and the imperative of making Canada an energy superpower in all respects has never been greater. We will do everything we can at the federal government level to support those partnerships.' Alberta Premier Danielle Smith was asked on her weekend radio show if she was concerned that the federal throne speech didn't include a mention of pipelines. 'He may not have said the words 'oil and gas' and he may not have said the word 'pipeline,' but conventional energy means oil and gas, and the only way to get it to market efficiently is through pipelines,' said Smith, who says she's hoping for a one-on-one with Carney at Monday's First Ministers conference in Saskatoon. Smith also praised Carney for being more willing to engage with the premiers on issues of national importance than his predecessor, Justin Trudeau. She was coy when asked about consequences if Carney doesn't deliver, saying she prefers to be optimistic. Carney also took a moment on Sunday to thank the Department of National Defence, the provinces of Manitoba, Saskatchewan and Alberta, and volunteers involved in fighting extensive wildfires and coordinating large-scale evacuations. 'The good news is those are proceeding well at this stage but of course it's not over until it's over and we're at the start of the forest fire season across the country,' he said. 'So we'll stay committed to doing everything that we can with partners.' — With files from Rob Drinkwater in Edmonton Our website is the place for the latest breaking news, exclusive scoops, longreads and provocative commentary. Please bookmark and sign up for our daily newsletter, Posted, here .

Carney discusses 'partnerships' with oil and gas executives in Calgary
Carney discusses 'partnerships' with oil and gas executives in Calgary

Hamilton Spectator

time4 days ago

  • Business
  • Hamilton Spectator

Carney discusses 'partnerships' with oil and gas executives in Calgary

CALGARY - Prime Minister Mark Carney sat down with oil and gas executives in Calgary Sunday to discuss partnerships and to get their input for his plans to make Canada an energy superpower. Carney, in his first visit to Calgary since being sworn in as prime minister, held a closed door roundtable with more than two dozen members of the energy sector. Attendees included Tourmaline Oil CEO Michael Rose, Pathways Alliance President Kendall Dilling, ATCO CEO Nancy Southern, Imperial Oil President John Whelan and Jon McKenzie, president of Cenovus Energy. Reporters were only allowed to hear a few comments from the prime minister before being asked to leave the room at the Harry Hays building. 'Thank you for convening on a Sunday morning and also for what you've all been doing to help build our our economy, build a future,' Carney said. 'I'd like to thank a number of you who wrote directly to me a month or so ago and I felt it would be best to get together and discuss it in much more detail than through an exchange of letters given the importance of the issues.' Thirty-eight CEOs of Canadian energy companies signed a letter congratulating Carney on his April 28 election win and pitching policy measures they say would help the prime minister make good on his promise to build the fastest-growing economy in the G7. That would include scrapping the federal emissions gap on oil and gas producers and repealing industrial carbon pricing to help bolster the industry. The CEOs want an overhaul of the Impact Assessment Act, which sets out the process for assessing major projects, and of the Oil Tanker Moratorium Act, which bans oil tankers carrying more than 12,500 metric tons of crude from stopping along parts of British Columbia's coastline. Carney campaigned on expediting reviews of major energy infrastructure projects. He promised before the election to move forward with a 'one project, one review' approach by recognizing assessments conducted by the provinces and territories. The federal government unveiled its proposed emissions cap regulations late last year. They would compel upstream oil and gas operations to reduce emissions to 35 per cent below where they were in 2019 by sometime between 2030 and 2032. 'Partnership is a theme for our discussion this morning,' Carney said, accompanied by Energy Minister Tim Hodgson, Dominic LeBlanc, the minister responsible for Canada and U.S. trade and Emergency Management Minister Eleanor Olszewski. 'It's a critical time for our country. The world's certainly more divided and dangerous and the imperative of making Canada an energy superpower in all respects has never been greater. We will do everything we can at the federal government level to support those partnerships.' Alberta Premier Danielle Smith was asked on her weekend radio show if she was concerned that the federal throne speech didn't include a mention of pipelines. 'He may not have said the words 'oil and gas' and he may not have said the word 'pipeline,' but conventional energy means oil and gas, and the only way to get it to market efficiently is through pipelines,' said Smith, who says she's hoping for a one-on-one with Carney at Monday's First Ministers conference in Saskatoon. Smith also praised Carney for being more willing to engage with the premiers on issues of national importance than his predecessor Justin Trudeau. She was coy when asked about consequences if Carney doesn't deliver, saying she prefers to be optimistic. Carney also took a moment on Sunday to thank the Department of National Defence, the provinces of Manitoba, Saskatchewan and Alberta, and volunteers involved in fighting extensive wildfires and co-ordinating large-scale evacuations. 'The good news is those are proceeding well at this stage but of course it's not over until it's over and we're at the start of the forest fire season across the country,' he said. 'So we'll stay committed to doing everything that we can with partners.' _With files from Rob Drinkwater in Edmonton This report by The Canadian Press was first published June 1, 2025.

Carney discusses 'partnerships' with oil and gas executives in Calgary
Carney discusses 'partnerships' with oil and gas executives in Calgary

Winnipeg Free Press

time4 days ago

  • Business
  • Winnipeg Free Press

Carney discusses 'partnerships' with oil and gas executives in Calgary

CALGARY – Prime Minister Mark Carney sat down with oil and gas executives in Calgary Sunday to discuss partnerships and to get their input for his plans to make Canada an energy superpower. Carney, in his first visit to Calgary since being sworn in as prime minister, held a closed door roundtable with more than two dozen members of the energy sector. Attendees included Tourmaline Oil CEO Michael Rose, Pathways Alliance President Kendall Dilling, ATCO CEO Nancy Southern, Imperial Oil President John Whelan and Jon McKenzie, president of Cenovus Energy. Reporters were only allowed to hear a few comments from the prime minister before being asked to leave the room at the Harry Hays building. 'Thank you for convening on a Sunday morning and also for what you've all been doing to help build our country…build our economy, build a future,' Carney said. 'I'd like to thank a number of you who wrote directly to me a month or so ago and I felt it would be best to get together and discuss it in much more detail than through an exchange of letters given the importance of the issues.' Thirty-eight CEOs of Canadian energy companies signed a letter congratulating Carney on his April 28 election win and pitching policy measures they say would help the prime minister make good on his promise to build the fastest-growing economy in the G7. That would include scrapping the federal emissions gap on oil and gas producers and repealing industrial carbon pricing to help bolster the industry. The CEOs want an overhaul of the Impact Assessment Act, which sets out the process for assessing major projects, and of the Oil Tanker Moratorium Act, which bans oil tankers carrying more than 12,500 metric tons of crude from stopping along parts of British Columbia's coastline. Carney campaigned on expediting reviews of major energy infrastructure projects. He promised before the election to move forward with a 'one project, one review' approach by recognizing assessments conducted by the provinces and territories. The federal government unveiled its proposed emissions cap regulations late last year. They would compel upstream oil and gas operations to reduce emissions to 35 per cent below where they were in 2019 by sometime between 2030 and 2032. 'Partnership is a theme for our discussion this morning,' Carney said, accompanied by Energy Minister Tim Hodgson, Dominic LeBlanc, the minister responsible for Canada and U.S. trade and Emergency Management Minister Eleanor Olszewski. 'It's a critical time for our country. The world's certainly more divided and dangerous and the imperative of making Canada an energy superpower in all respects has never been greater. We will do everything we can at the federal government level to support those partnerships.' Alberta Premier Danielle Smith was asked on her weekend radio show if she was concerned that the federal throne speech didn't include a mention of pipelines. 'He may not have said the words 'oil and gas' and he may not have said the word 'pipeline,' but conventional energy means oil and gas, and the only way to get it to market efficiently is through pipelines,' said Smith, who says she's hoping for a one-on-one with Carney at Monday's First Ministers conference in Saskatoon. Smith also praised Carney for being more willing to engage with the premiers on issues of national importance than his predecessor Justin Trudeau. She was coy when asked about consequences if Carney doesn't deliver, saying she prefers to be optimistic. Carney also took a moment on Sunday to thank the Department of National Defence, the provinces of Manitoba, Saskatchewan and Alberta, and volunteers involved in fighting extensive wildfires and co-ordinating large-scale evacuations. 'The good news is those are proceeding well at this stage but of course it's not over until it's over and we're at the start of the forest fire season across the country,' he said. 'So we'll stay committed to doing everything that we can with partners.' _With files from Rob Drinkwater in Edmonton This report by The Canadian Press was first published June 1, 2025.

Fossil Fuel CEOs Press Ottawa to Ease Climate Rules, Fast-Track Projects
Fossil Fuel CEOs Press Ottawa to Ease Climate Rules, Fast-Track Projects

Canada Standard

time13-05-2025

  • Business
  • Canada Standard

Fossil Fuel CEOs Press Ottawa to Ease Climate Rules, Fast-Track Projects

As major fossil fuel companies push the federal government to dismantle key climate policies in the name of economic growth, environmental advocates warn the move would give industry a licence to "pollute without accountability." In late April, CEOs of 38 energy companies signed a letter pitching Prime Minister Mark Carney on policy measures they said would help him fulfill his promise to build the fastest-growing economy in the G7, The Canadian Press reported. They asked [ pdf ] Carney to scrap the emissions cap on oil and gas producers and repeal industrial carbon pricing to help bolster the industry. They also asked for an overhaul of the federal Impact Assessment Act -which sets out the process for assessing major projects-and of the Oil Tanker Moratorium Act , which bans oil tankers carrying more than 12,500 tonnes of crude from stopping along parts of British Columbia's coastline. "Your focus on fostering energy independence and enhancing Canada's energy infrastructure and clean technology requires major sector investment and globally competitive energy and carbon policies," they wrote to Carney. "Over the last decade, the layering and complexity of energy policies has resulted in a lack of investor confidence and, consequently, a barrier to investment." Emilia Belliveau, energy transition program manager at Environmental Defence Canada, told The Energy Mix the letter amounts to a "Trojan horse." "When you read between the lines of their five demands, what it actually is across the board is deregulation and finding new ways to channel subsidies to the industry and to allow them to continue to pollute without accountability." View our latest digests Carney campaigned on expediting reviews of major energy infrastructure projects. He promised before the election to move forward with a "one project, one review" approach by recognizing provincial and territorial assessments. At least one of the CEOs who signed the letter, Enbridge's Greg Ebel, took Carney's comments as a sign that the feds would support a push for more conventional energy infrastructure, like pipelines, reported Yahoo Finance. But policy experts are raising concerns about what may be lost if impact assessments are fast-tracked. Companies might sidestep their obligations to Indigenous communities and to women, gender-diverse people, people with disabilities, and racialized people, they argue. Fast-tracking development could mean falling short on other priorities and legal commitments-a move that will backfire, leading to delays rather than more efficient processes, while worsening inequalities. The CEOs called for reducing regulatory timelines for new projects to a six-month window. Belliveau said that time frame is unrealistic and neglectful, operating on the assumption that projects should go through regardless of their impact. Instead, projects need to be evaluated for their viability, safety, and compliance with Canada's obligation to ensure free, prior and informed consent of Indigenous communities, Belliveau said. Essentially: "What are the environmental and climate consequences, and are they really worth it?" Still, the current process can be improved, Belliveau added, citing the application processes for Indigenous-owned renewable energy companies as an example. Current regulations require that stakeholders meet the requirements of an excessive number of government agencies-a process that is even more cumbersome because the agencies are not always aligned, she told The Mix . But regulatory reform shouldn't be used to "bulldoze through" fossil fuel infrastructure without adequate time for impact assessment, real consultation with Indigenous communities, and information gathering on long-term consequences in a climate crisis. The CEOs also pressed Carney to drop Canada's industrial carbon pricing system, asserting that it produces "uncompetitive costs" compared to other oil producers in the market. "A solution is to revert to the functioning system where provinces administer the policies and pricing to enable emissions-reduction investments, improve emissions performance, and maintain competitiveness." Carney campaigned on strengthening industrial carbon pricing after he scrapped the consumer carbon price. In a release issued Monday after Alberta froze its current industrial carbon price, Canadian Climate Institute Dale Beugin said the current system adds 30 to the price of a barrel of oil. Last November, before Carney became prime minister, the federal government unveiled its proposed emissions cap regulations. They would compel upstream oil and gas operations to reduce emissions to 35% below 2019 levels, but postponed the first compliance period to the years between 2030 and 2032. Carney said he wouldn't be scrapping the regulations-but in March he also told reporters he would prioritize "working with industry and with provinces on specific ways" to reduce emissions "as opposed to having preset caps or preset restrictions on preset timelines." CBC News wrote that Carney's comments seemed to contradict those of newly-appointed environment minister Terry Duguid, who said the emissions cap would stay in place. The CEOs' letter comes at a time when the governments of European countries, which are important trading partners for Canada, are themselves walking back climate measures to prioritize economic competitiveness. Earlier this year, the European Commission proposed legislation that would weaken reporting requirements for many companies' emissions. But Julie Segal, senior program manager of climate finance at Environmental Defence, told the Globe and Mail that Canada lags behind the European Union on climate policy. "All of Canada's closest non-U.S. trade partners are far more advanced on sustainable finance policies- some with taxonomies, almost all with disclosures, almost all with 1.5C-aligned transition plans," Segal said. "If we want to strengthen trade relationships with the European Union, United Kingdom, Australia, and countries across Asia, all of those jurisdictions have stronger sustainable finance policies." Source: The Energy Mix

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