The legislation includes subjective criteria including the “social impact” of energy investment and its “gender implications."
Last year, more than 20 per cent of the country’s exports came from energy.
The Trudeau government’s national carbon tax will increase costs in the petroleum manufacturing sector by 25 per cent.
In total, $150 billion has left Canada from 2014 to 2018.
Teck spent almost 10 years securing the necessary approvals from provincial and federal regulators.
Foreign direct investment in Canada dropped 56 per cent between 2013 and 2017.
A high price differential means lower-than-expected royalties for governments.
The Trump administration has rescinded or scaled back regulations.