We’ve already lost too much investment, Bill C-69 will make it worse

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I’m proud of Canada’s energy sector, its commitment to innovation and our high regulatory standards.

That’s exactly why I’m extremely worried about Bill C-69.

As it stands today, Bill C-69 will be a significant barrier to future investment and put jobs at risk, from coast to coast to coast.

It puts future pipeline projects at risk. It is legally vulnerable. And it will hurt investor confidence. 

That’s not what Canada needs right now. 

Our country is quickly building a reputation as being unable to get big projects done. The impact of this means Canada is losing out on billions of dollars every year in benefits for our economy and our communities. 

And this is all happening during a time capital investment in Canada’s energy sector has dropped about 44 per cent since 2014. Meanwhile, capital spending in the United States has surged by 38 per cent thanks to a streamlined regulatory system.

I ask today that you help put the brakes on C-69 and tell the government that the Bill as it stands cannot be passed. The bill needs to be fixed.

I look forward to your response. 

Sincerely,