Oil lobby group calls for more timely regulatory regime for pipelines
OTTAWA — The country’s largest oil-and-gas lobby group is urging all political parties in the run-up to the federal election to support major pipeline and LNG projects and to create a regulatory regime that would allow these projects to be completed faster.
The Canadian Association of Petroleum Producers released its federal energy “platform” today, outlining the issues facing the oil-and-gas industry and ways the federal government can create better conditions for growth in the sector.
CEO Tim McMillan says Canada has lost its competitive edge as a result of regulatory and policy changes that have scared investors away.