The carbon tax will increase costs in the petroleum manufacturing sector by 25 per cent.
energy regulation
Responsible energy development should incorporate due attention to public safety and the environment.
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.
Teck spent 10 years securing the necessary approvals from provincial and federal regulators.
Sixty-five per cent of respondents for Alberta were deterred by the high cost of regulatory compliance.
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.