From Niels Veldhuis <[email protected]>
Subject Ottawa’s Regulatory Assault on Canada’s Oil and Gas Sector
Date July 4, 2024 2:00 PM
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Dear John,

Business investment is crucial for economic prosperity: it enables the establishment and expansion of companies, and investment in new technologies.

In Canada, business investment has significantly declined over the past decade, contributing to stagnating living standards.

Heavy regulatory burdens, especially in the extraction sector, have exacerbated this decline, with investment in the oil and gas sector dropping by 52.1% since 2014.

To address this, a thorough analysis of the regulatory measures, including Bill C-48 and recent methane regulations, is needed to adjust policies and to attract and retain investment in Canada’s energy sector.

Learn more here [[link removed]], and be sure to help us spread this news far and wide.

Sincerely,

Niels Veldhuis

President

The Fraser Institute

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