Overview
- Natural Resources Minister Tim Hodgson committed to reducing project permit review timelines from five years to two through a new federal projects office.
- Hodgson emphasized the need for infrastructure to connect Canadian oil and gas to overseas markets and strengthen Eastern Canada's energy security.
- He called on the Pathways Alliance to expedite its $16-billion carbon capture hub in Alberta, highlighting its importance for emissions reductions and global credibility.
- Industry leaders and provincial officials expressed cautious optimism about the federal government's shift toward faster regulatory processes and market diversification.
- Hodgson positioned Canadian energy exports as a means to support global stability, reduce reliance on authoritarian regimes, and lower global emissions.