Canada’s forecasted production of 2.8 million barrels a day this year is down 6.7 per cent from last year’s projection.
The total spill volume from 2004 to 2017 equaled an estimated 0.00003 per cent of hydrocarbons moved through the four analyzed pipelines.
The Canadian Pacific Railroad is the most famous case of federal involvement in infrastructure projects.
Bill C-69 would completely overhaul how major energy projects are reviewed by government in Canada.
For much of the summer, the federal government will backstop construction costs by Kinder Morgan, a private firm.
Pipeline expansion project may generate $50 billion in government revenue over 20 years.
The proposed Enbridge Line 3 pipeline would carry 760,000 barrels per day from Alberta to Wisconsin.
Cenovus recently announced it will cut production from some of its oilsand projects.
The recent move by Kinder Morgan on the Trans Mountain pipeline was a massive blow to Canada’s investment attractiveness.
Private-sector investment in factories and other structures down more than 23 per cent.