Energy sector CEOs call on Ottawa to use emergency powers to speed key projects
OTTAWA — A group of energy sector chief executives is calling on the leaders of the four federal political parties to declare a Canadian energy crisis and use emergency powers to help speed the development of key projects in the “national interest.”
In an open letter to the political leaders, the CEOs of 10 of the largest oil and natural gas companies and the four largest pipeline companies outlined their plan to strengthen Canadian economic sovereignty.
They say there is increasing public support to grow the sector and build energy infrastructure, including pipelines and LNG terminals, to expand Canada’s energy exports.
The letter comes as U.S. President Donald Trump threatens Canadian sovereignty and proposes massive tariffs on Canadian goods, including oil and natural gas.
