Unleashing our economy: Rewarding energy workers and businesses- The Canadian Energy Industry in the 2020s with Pierre Poilievre – BOE Report

by ahnationtalk on January 21, 20208 Views

January 21, 2020

Pierre Poilievre has unique perspective on the current challenges facing the Canadian Energy Industry. He was born a year before the National Energy Program came into effect in Canada and grew up watching the impact of the Federal government’s destructive economic measures on the province of Alberta and on people’s livelihood. As a six term MP in Ottawa, he has had a ringside seat for government action (and inaction) as global competition for energy markets ramped up to a rapid pace by 2020. He has perspective on Canada’s energy policies during the time that saw the USA rise to become a net exporter of crude oil in 2019, achieve record natural gas supply growth and experienced Russia’s intense drive to capture lucrative European and Asian markets.

By the end of 2019, Canada was fourth in the top five oil producing countries in the world behind the US, Saudi Arabia and Russia with China running a close fifth. The question that comes to mind is “Can Canada compete?” Canada not only lost $100 billion in Energy projects in the last two years, but one wonders how much more investment we could be at risk of losing in other sectors as well. In an interview with the BOE Report, Mr. Poilievre suggested a focus on the advantages of LNG and challenged the notion of a “One and Done” approach, saying…

Read More: https://boereport.com/2020/01/21/unleashing-our-economy-rewarding-energy-workers-and-businesses-the-canadian-energy-industry-in-the-2020s-with-pierre-poilievre/

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