Global oil and gas demand will continue to grow, driven by population and economic growth.
Ottawa has added new subjective criteria to the regulatory process.
Ottawa’s Bill C-48 and Bill C-69 target Alberta’s energy sector.
The chiefs want the government to shelve two bills currently under Senate review—Bill C-69 and Bill C-48.
Investor concerns over uncertain regulatory enforcement have risen sharply since 2013.
Bill C-69 would overhaul the assessment process of major energy projects and add new criteria including “gender implications."