Latest news with #TimHodgson


Globe and Mail
9 hours ago
- Business
- Globe and Mail
Britain needs energy. Canada has energy. Why can't we work together and dream big?
Tom Tugendhat is a member of Parliament in the United Kingdom and a former security minister. The King of Canada's first Speech from the Throne last week made two things clear: First, those who moved to the true north and stayed loyal to the Crown are still strong – and free to choose their own path; and second, no two countries could be closer than the United Kingdom and Canada. For centuries, we have stood together in peace and in war, in economic expansion and in political transformation. We're not just a historic alliance with a symbolic bond of monarchy; we're bound by mutual sacrifice and a shared vision of the future. Today, the world is making clear why that connection matters to us both. In Britain, shortsighted decisions have left our homes and businesses more exposed to energy instability, while on the Canadian side, the Prime Minister has made clear there are good reasons to question the reliability of the country's most important energy partner. As Canada's new Energy Minister, Tim Hodgson, put it in Calgary: 'It's high time to trade more with people who share our values – not just our border.' No country fits that description better than Britain – and we need the same. More infrastructure needed to boost energy security in Eastern Canada, Hodgson says Even with the oil and gas reserves of the North Sea, Britain's energy position is more fragile than many realize. Despite the rhetoric of decoupling and the transition to green energy, Europe remains bound to unstable energy flows, and Britain is not immune. At the same time, the North Sea is fuelling less and less of our economy, as excessive taxation and long-term decline are restricting output, while renewables are a long way from fully replacing carbon-based energy. The result is that Britain, a country that once powered the world, is now looking at a future dependent on regimes that don't share our values – and the price we're paying is huge. British manufacturers now face industrial energy costs nearly three times those of their U.S. competitors and more than 50 per cent higher than those in France, a crippling impact on our competitiveness. The costs push businesses out of Britain, leaving us reliant not just on energy supplies from foreign countries – often with authoritarian governments – but also their manufactured goods. This isn't just about economics, it is about sovereignty. No country that prizes its independence should accept that, but it's not like we don't have a choice. Canada offers Britain a better path – one that also gives Canadians a choice. Alberta has the world's fourth-largest proven oil reserves, and by 2030 Canada's oil sands will produce nearly four million barrels a day. Most of that is slated to cross the southern border. But Canada offers not just volume but reliability. Alberta's energy is governed by the rule of law. It is extracted by workers who are paid fair wages under transparent environmental rules. It is not subject to the whims of oligarchs, mullahs or party bosses. It is democratic power, energy we can trust. Britain can open up new markets and be an even more important partner for Canada. Quebec's position on the Atlantic, with about a fifth of the country's gas reserves, could go beyond its famed hydropower and supply our islands and Europe, reducing the continent's dependence on Russia, the Middle East and coal. Together, Canada and the United Kingdom can make each other stronger. But it does not stop there. Bringing in Australia and New Zealand, we could create a CANZUK energy framework. CANZUK countries have a combined GDP of about $7.5-trillion. That's nearly double the GDP of Japan and, though smaller than the European Union's $19.4-trillion, is a democratic counterweight with the potential to lead. Britain, Canada, Australia and New Zealand share a monarch, common law and similar approaches to trade and regulation. What distinguishes us is largely administrative: visas, regulations and trade barriers. These are not problems of culture or principle. They are challenges of will. These obstacles should be footnotes, not strategic barriers. It's important that we resolve to fix them, starting with the mutually critical domain of energy. Canada's oil and gas can meet Britain's needs as we shift away from existing supplies. Australian uranium can power a nuclear revival, while New Zealand's renewable innovations can accelerate the clean transition. In return, Britain can provide financing, engineering and reach to speed outreach beyond the alliance. The free movement of skilled workers would see the benefits of collaboration multiply: Aberdeen's engineers in Alberta, Canadian experts in British nuclear, Australian scientists shaping clean fuel strategies across the network. This is not just trade. It is sovereignty through solidarity and independence through energy. For Canada, having options other than the United States protects its sovereignty and strengthens its negotiating position with its neighbour. King Charles spoke to Canada's strength and freedom and to the family of nations that has stood strong through history's greatest tests. Now, as the democratic world faces a new challenge of instability and economic coercion, the ties that bind us must again become instruments of strategic strength.


Cision Canada
17 hours ago
- Business
- Cision Canada
Canada and Newfoundland and Labrador Move to Unlock Economic Potential of Offshore Wind Français
ST. JOHN'S, NL, June 2, 2025 /CNW/ - The offshore renewable energy sector offers Canada a once-in-a-generation economic opportunity, with the global offshore wind market expected to draw $1 trillion in investments by 2040. Boasting the world's longest coastlines, exceptional wind resources and a highly skilled labour pool, Atlantic Canada is ideally situated to capitalize on this extraordinary opportunity for economic growth and job creation. Today, the Government of Canada, in partnership with the Government of Newfoundland and Labrador, is pleased to announce the coming into force of legislation to enable the development of offshore renewable energy in Newfoundland and Labrador. This follows the passage of the federal Bill C-49 in October 2024 and Newfoundland and Labrador's mirror legislation, Bill 90, in March 2025. The Government of Canada is committed to its strong history of joint management with the Governments of Newfoundland and Labrador and Nova Scotia and will work together with them to unlock the enormous potential of offshore renewable energy collaboratively and responsibly. This is part of the federal government's plan to make Canada an energy superpower and build the strongest economy in the G7. Quotes "This powerful legislation will boost the already-strong role Newfoundland and Labrador plays in Canadian energy and delivers on our promise of harnessing the power of clean energy to open and diversify trading markets, create jobs and make Canada an energy superpower." The Honourable Tim Hodgson Minister of Energy and Natural Resources "The Government of Canada recognizes the important role Canada's vast ocean resources play in driving long-term economic growth and strengthening our future. This legislation unlocks significant opportunities for Newfoundland and Labrador, strengthening the province's position as a leader in clean energy, enhancing our energy sovereignty and creating more high-quality, sustainable jobs." The Honourable Joanne Thompson Minister of Fisheries "This legislation is a significant step forward in allowing our province to move forward with the development of our province's offshore renewable energy as well as modernizing provisions relating to the offshore oil and gas industry." The Honourable Steve Crocker Newfoundland Minister of Industry, Energy and Technology "Offshore Newfoundland and Labrador has an abundance of energy, including lower-carbon oil, and significant potential for offshore wind development. Establishing joint management for offshore wind and modifying the land tenure system for offshore oil and gas development are positive steps forward as we address energy security and undertake nation-building projects." Charlene Johnson CEO, Energy NL "The transition to the Canada-Newfoundland and Labrador Offshore Energy Regulator marks an exciting new chapter for our organization, and we look forward to the important work that is to be done." Scott Tessier CEO, Canada-Newfoundland and Labrador Offshore Energy Regulator "The implementation of this legislation marks a pivotal step forward in unlocking the immense offshore wind potential off Newfoundland and Labrador's coast. It provides the regulatory clarity and collaboration needed to advance clean energy development, attract international investment and create sustainable jobs. With decades of expertise in ocean industries and a growing marine renewable energy supply chain, Atlantic Canada is well positioned to lead the way in building a thriving offshore wind sector that benefits local communities and contributes to Canada's emissions targets." Executive Director, Marine Renewables Canada Quick Facts This legislation establishes a joint management regulatory framework for offshore renewable energy development. Bill C-49 includes amendments to the Canada–Newfoundland and Labrador Atlantic Accord Implementation Ac t (Atlantic Accord Act) that: establish the framework to develop offshore renewable energy; change the Canada-Newfoundland and Labrador Offshore Petroleum Board's name to the Canada-Newfoundland and Labrador Offshore Energy Regulator (C-NLOER); expand the mandate of the C-NLOER to include the regulation of offshore renewable energy projects; improve alignment between the Atlantic Accord Act and the Impact Assessment Act (IAA); provide tools to support the Government of Canada's marine conservation agenda; and modernize the land tenure regime for offshore petroleum development. Associated Links


National Post
4 days ago
- Business
- National Post
Bryan N. Detchou: Canada's historic opportunity to develop natural resources
Article content Early signs give reason for cautious optimism. The appointment of Tim Hodgson as minister of energy and natural resources was welcomed across the sector and his first major speech in Calgary struck the right tone, declaring that Canada would be 'defined by delivery.' Carney's recent mandate letter to his ministers also reflects a sense of urgency and seriousness about the economic promise of Canada's natural resources. But let's not mistake intention for action. Article content To be clear, a push for urgency does not absolve us of our constitutional responsibilities to Indigenous peoples, give the federal government license to trample on provincial jurisdiction or grant us permission to abandon our commitment to environmental stewardship. What it does require is a co-ordinated, respectful and united 'Team Canada' approach, for the good of Canadians and our global partners. Article content We must also come to terms with another truth: not every bet will pay off. Some investments may under-deliver. Some projects may fail. It's a reality we should work diligently to minimize — especially when taxpayer dollars are on the line — but we must accept that the far greater risk lies in doing nothing at all. The cost of inaction, delay and missed opportunity will be paid in lost jobs, growth, relevance and a diminished ability to meet global demand. Article content Canada needs to break the cycle and stop undermining our most productive sector — whether through 1,000 cuts of poor policy or by trapping it in a never-ending labyrinth of government consultations. The window of opportunity won't stay open forever. Major projects take years, even decades, to complete, and governments and public opinion change. Article content Article content Article content


Canada Standard
6 days ago
- Business
- Canada Standard
Canada Invests in Green Jobs for Youth
Canada News Centre 28 May 2025, 19:30 GMT+10 May 28, 2025 Ottawa, Ontario Natural Resources Canada Today, the Honourable Tim Hodgson, Minister of Energy and Natural Resources, and the Honourable Patty Hajdu, Minister of Jobs and Families, announced $15 million to create 470 employment and skills training opportunities for youth across Canada in natural resources sectors including energy, forestry, mining, earth sciences and clean technology. Through the Science and Technology Internship Program (STIP) - Green Jobs, employers in natural resources sectors can apply for funding to hire, train and mentor youth aged 15 to 30 for up to 12 months. These job opportunities will ensure that Canada's natural resources sectors remain a source of economic growth and prosperity in the future. STIP - Green Jobs is part of the Government of Canada's Youth Employment and Skills Strategy (YESS), which supports youth in gaining the hands-on skills and experience they need to effectively transition into the labour market. Visit Natural Resources Canada's STIP - Green Jobs page to find out how to apply to be an employer or an intern.


Cision Canada
6 days ago
- Business
- Cision Canada
Canada Invests in Green Jobs for Youth Français
OTTAWA, ON, May 28, 2025 /CNW/ - Today, the Honourable Tim Hodgson, Minister of Energy and Natural Resources, and the Honourable Patty Hajdu, Minister of Jobs and Families, announced $15 million to create 470 employment and skills training opportunities for youth across Canada in natural resources sectors including energy, forestry, mining, earth sciences and clean technology. Through the Science and Technology Internship Program (STIP) – Green Jobs, employers in natural resources sectors can apply for funding to hire, train and mentor youth aged 15 to 30 for up to 12 months. These job opportunities will ensure that Canada's natural resources sectors remain a source of economic growth and prosperity in the future. STIP – Green Jobs is part of the Government of Canada's Youth Employment and Skills Strategy (YESS), which supports youth in gaining the hands-on skills and experience they need to effectively transition into the labour market. Visit Natural Resources Canada's STIP – Green Jobs page to find out how to apply to be an employer or an intern. Quotes "Canada's natural resources industries need talented and well-trained young people if we are going to make Canada an energy superpower and create the strongest economy in the G7 for decades to come. Jobs like these provide the opportunities that make Canada the best country in the world — where hard work pays off, good jobs are available for all Canadians and we invest in our natural strengths and ensure our economic sovereignty." The Honourable Tim Hodgson Minister of Energy and Natural Resources "Canada is home to world-class talent and rich natural resources. The announcement the federal government is making today on green jobs for youth today marries the two. This $15-million investment will create hundreds of good-paying jobs, build up our green energy infrastructure and grow our economy for generations to come." The Honourable Patty Hajdu Minister of Jobs and Families Quick Facts STIP – Green Jobs provides funding to eligible employers across Canada to hire, train and mentor youth in the natural resources sector, including in energy, forestry, mining, critical minerals, earth science and clean technology. Funding for jobs is now available through 11 delivery organizations: STIP – Green Jobs promotes inclusion, diversity, equity and accessibility by targeting 60-percent participation from employment equity groups. Since 2017, STIP – Green Jobs has created more than 5,300 green jobs and skills training opportunities for youth in all provinces and territories. With STIP – Green Jobs, Canada is taking action on its whole-of-government approach to create sustainable jobs and build a strong economy. Canada's approach to sustainable jobs is outlined in its 2023-2025 interim Sustainable Jobs Plan and the Canadian Sustainable Jobs Act (2024). The Youth Employment and Skills Strategy is a horizontal initiative funded at $351.2 million in 2025–26, involving 12 federal departments and agencies, including Natural Resources Canada. The STIP – Green Jobs has been part of the Government of Canada's Youth Employment and Skills Strategy since 1997. Follow us on LinkedIn SOURCE Natural Resources Canada