Overview
- Danielle Smith is engaging private-sector pipeline proponents to finance routes to Prince Rupert, B.C., and explore a corridor to Churchill, Manitoba, by offering bitumen royalty commitments as incentives.
- The premier has demanded that Ottawa eliminate or substantially amend the federal emissions cap, Bill C-69 and the northern B.C. tanker ban before oilsands companies will expand production or back new infrastructure.
- Prime Minister Mark Carney’s government has pledged to review these contentious energy rules, and premiers are awaiting a list of fast-tracked projects from recent intergovernmental meetings.
- Alberta’s crude oil output reached 4.3 million barrels per day in April, marking a 2% increase year-over-year and setting consecutive monthly production records.
- A coalition of eastern Canadian premiers met with New England governors in Boston to urge them to publicly oppose President Trump’s energy tariffs, warning regional fuel costs could rise by more than 30 cents per gallon.