Sunday, December 28, 2025
ADVT 
National

Energy sector seeks reassurance in throne speech

Darpan News Desk The Canadian Press, 11 Sep, 2020 06:55 PM
  • Energy sector seeks reassurance in throne speech

Canada's fossil-fuel sector is looking to this month's throne speech for signs the federal government is not throwing in the towel on oil and gas.

At the same time Canadian climate strikers are threatening mass protests if the same speech doesn't show a plan to eliminate all greenhouse-gas emissions produced by human activities in less than a decade.

Tim McMillan, president of the Canadian Association of Petroleum Producers, says Prime Minister Justin Trudeau can use the throne speech Sept. 23 to send a signal to international investors that Canada's oil and gas industry is a solid opportunity for investment.

He says the planned clean-fuel standard meant to force oil and gas companies to emit less greenhouse gas is out of whack with Canada's main competitors for that investment and if the new standard isn't postponed, many companies will simply not be able to comply.

Earlier this year Ottawa scaled back the requirements of the standard over the first few years to give companies more time to recover from the economic crisis caused by COVID-19, but McMillan says that is not enough.

Trudeau is also, however, facing pressure from thousands of Canadian youth in the Climate Strike Canada movement who say the throne speech is Trudeau's "last chance" to convince them he really is a climate-change leader.

MORE National ARTICLES

Keeping federal workers home very costly: PBO

Keeping federal workers home very costly: PBO
Canada's budget watchdog says the federal government lost at least $439 million so far this year in productivity through a policy that allows civil servants to stay home, with pay, during emergencies such as the COVID-19 pandemic.

Keeping federal workers home very costly: PBO

Tam to young people: stop spreading COVID-19

Tam to young people: stop spreading COVID-19
Canada's chief public health officer Dr. Theresa Tam is doubling down on warnings to young Canadians to stop fuelling the spread of the novel coronavirus.

Tam to young people: stop spreading COVID-19

Ban on some conditional sentences tossed out

Ban on some conditional sentences tossed out
A law that bars a judge from imposing a conditional sentence for certain offences was struck down as unconstitutional on Friday in a decision likely to find its way to the country's top court.

Ban on some conditional sentences tossed out

Canfor earns $60.7M in Q2 on higher revenues

Canfor earns $60.7M in Q2 on higher revenues
Canfor Corp. says its results turned positive in the second quarter on a large reversal of a writedown in its lumber operations due to improved demand and prices towards the end of the quarter.

Canfor earns $60.7M in Q2 on higher revenues

Trump 'poisoned' case against Meng: documents

Trump 'poisoned' case against Meng: documents
New court documents accuse the United States president of "poisoning" the extradition case against a Huawei executive being held in Canada.

Trump 'poisoned' case against Meng: documents

Feds allocate $540 million towards transit funding for BC

Feds allocate $540 million towards transit funding for BC
Huge transit funding announcement for BC today. Federal Environment Minister Jonathan Wilkinson made a $540 million dollar announcement  Thursday morning. 

Feds allocate $540 million towards transit funding for BC