The United States is engaged in massive regulatory reform and energy industry expansion.
oil and gas investment
Disputed land claims remain a concern for investors.
Ottawa’s federal carbon tax came into effect earlier this year at $20 per tonne.
The oil and gas sector contributes, directly and indirectly, around 8 per cent of Canada’s GDP.
The Trudeau government’s proposed Bill C-69 and Bill C-48 will impose further barriers to energy development.
Canadian capital spending in oil and gas fell by 19 per cent since 2016.