Sixty-five per cent of respondents for Alberta were deterred by the high cost of regulatory compliance.
Saskatchewan tops in the eyes of oil and gas investors, but there’s considerable room for improvement
Investors pointed to regulatory duplication and inconsistencies, which deterred 48 per cent of survey respondents.
The AER should initiate a regular and ongoing process of eliminating non-functional regulations.
Eighty per cent of respondents indicated that uncertainty around environmental regulations in Alberta was a deterrent to investment compared to only 9 per cent for Texas.
Bill C-48 bans large oil tankers off B.C.’s northern coast.
Bill C-69 will overhaul the entire assessment process of major energy projects.
The Trudeau government cancelled the Northern Gateway pipeline in 2016.
The bill mandates taking account of the “gender” impacts of proposed projects.