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Dear John,
Our annual survey of petroleum-sector executives have been released, and its findings are clear:
Canada’s onerous and uncertain regulatory environment continues to hurt the investment attractiveness of the country’s oil and gas industry.
The survey ranks 15 North American jurisdictions based on policies affecting oil and gas investment. This year, Wyoming ranked 1st followed by Texas (2nd) and Oklahoma (3rd).
Saskatchewan was 6th while Alberta ranked 12th and British Columbia ranked 14th.
Respondents pointed to the uncertainty concerning environmental regulations and disputed land claims, as well as the cost of regulatory compliance, as major areas of concern in Canadian jurisdictions compared to US states.
See the full results here, and please help us spread the word!
Sincerely,
Niels Veldhuis
President
The Fraser Institute
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