New opinion surveys reveal overwhelming majority of Canadians support our Oil and Gas industry

News Release from Canada Action

We are very excited to share some recent and encouraging polling results today. According to a July 2021 public opinion survey conducted by Research Co, new data shows that Canada’s public perception of our responsible energy industry is very positive.

Here are some of the key findings:

Almost three in four (73 percent) Canadians polled agree Canada should be a preferred global supplier of energy because of its climate and environmental record.

Nearly seven in ten (69 percent) say they have personally benefited from the oil and gas sector.

70 percent agree that resource development could help alleviate systemic poverty within Indigenous communities.

Two thirds of Canadians (66 percent) support Canada’s role as a global oil and gas supplier.

Almost three in four Canadians (73 percent) acknowledge Canada’s prosperity is supported by the oil and gas sector and that Canadian oil and gas production helps fund important social programs like health care and education.

Referring to the fact 73 percent of Canadians polled also agreed it’s essential First Nations be included in project development to establish long-term revenue sources for their communities, JP Gladu, acting Executive Director of Indigenous Resource Network, noted the following:

Taken collectively, this is all exceptional news for all of Canada’s natural resource industries. Your support for our positive, fact based message about why the world needs more Canadian energy and resources is helping make a difference.

A Majority of Canadians ‘Agree’ that Canada Should be a Preferred Global Supplier of Energy: POLL

A new public opinion survey conducted by Research Co. on behalf of Canada Action has found that a majority of Canadians across the country support the vital oil and gas sector! The poll, released on July 14^th, showed that 68% of participants ‘agree’ that Canada should be the choice supplier to meet future oil and gas demand, while two-thirds (66%) support Canada’s role as a global oil and gas supplier versus just 19% who were opposed.

Additionally, almost three in four Canadians (73%) acknowledged Canada’s prosperity is supported by the oil and gas sector and that the industry helps fund important social programs such as healthcare and education.

“It’s a strong and very welcome result, and one that shows most Canadians feel proud of the work their energy sector is doing to enhance its record on ESG criteria. The results also show most Canadians believe the world needs more Canadian energy and are aware of the importance of the sector to the prosperity of families and communities right across the country,” said Cody Battershill, Canada Action founder.

Between 2000 and 2018, approximately $493 billion in government revenues were generated by Canada’s oil and gas industry, capital which has been used pay for schools, hospitals, roads and the workers that make these projects possible/operational. Every Canadian has benefitted from oil and gas in some way, shape, or form; nearly seven-in-ten Canadians (69%) of participants also acknowledged that Canada’s oil and gas sector has benefitted them personally.

Nearly three-in-four Canadians (73%) also agreed that global markets should prioritize jurisdictions like Canada that are leaders in climate action and environmental protection. This is a logical choice as Canada’s oil and gas industry ranks number one for Environmental, Social, and Governance (ESG) practices among nations with the largest oil reserves, and of the world’s top 20 producers, 2nd for governance and social progress and 4th on the environment.

“Given the world requires $525 billion of new oil and gas investment per year just to meet current demand, we think we ought to push for Canada to receive a sizeable share of this investment,” Battershill added.

Canada’s world-class ESG performance shows that our nation is home to one of the most environmentally conscious and sustainable oil and gas industries in the world. With future supply gaps on the horizon, it only makes sense that ESG-focussed investors look to Canada as a choice supplier for as long as the world needs oil – and it will for many decades to come.

73% of participants also agreed that it’s essential First Nations be included in project development to establish long-term revenue sources for their communities.

“These are heartening results. Indigenous nations and businesses want to be partners in resource development. This poll shows there’s widespread support to work together for the benefit of all,” said JP Gladu, acting Executive Director of the Indigenous Resource Network.

Below is a summary of all poll results collected by Research Co.

Poll Results:

– Two-thirds of Canadians (66%) support Canada’s role as a global oil and gas supplier, while one-in-five (19%) are opposed

– Almost seven-in-ten Canadians (69%) say the oil and gas industry has benefitted them personally

– Almost three-in-four Canadians (73%) agree that global markets should prioritize jurisdictions like Canada that are leaders in climate action and environmental protection

– Almost three-in-four Canadians (73%) agree that Canadian oil and gas products help fund important social programs like healthcare and education for Canadians

– More than seven-in-ten Canadians (72%) agree that sustainability measures are better served when energy is sourced from Canada compared to less environmentally friendly jurisdictions

– Seven-in-ten Canadians (70%) agree that Canada should be the choice recipient of investments due to its climate leadership and environmental policies

– More than two-thirds of Canadians (68%) agree that Canada should be the choice supplier to meet future oil and gas demand

– Over three-in-five Canadians (64%) agree that investing in Canada’s oil and gas sector makes sense if you value climate leadership, social progress and transparency

– Fewer than half of Canadians (45%) were aware that Canada is a leader for environmental, social and governance (ESG) practices among countries with the largest oil and gas reserves

– More than two-in-five Canadians (43%) were aware that Canadian energy companies are global leaders in carbon capture, utilization and storage

– Just over two-in-five Canadians (41%) were aware that Canadian natural gas exported to Asia can reduce global emissions by displacing coal power usage

– Almost three-in-four Canadians (73%) agree that global markets should prioritize jurisdictions like Canada that are leaders in climate leadership and environmental protection

– Almost three-in-four Canadians (73%) agree that Canada should be a destination of choice for energy investment due to its climate leadership, worker safety and environmental policies

– More than two-thirds of Canadians (68%) agree that Canada should be the choice supplier to meet future oil and gas demand

– Almost three-in-four Canadians (74%) think Canada should act in a similar fashion to Norway when it comes to energy practices, as the nation has said they will continue to maximize the value created from their oil and gas reserves

– Almost three-in-four Canadians (73%) agree that Canada’s prosperity is supported by the oil and gas sector practices

– Almost three-in-four Canadians (73%) agree that it is essential that First Nations be included in project development to establish long-term revenue sources for their communities

– Seven-in-ten Canadians (70%) agree that Systemic poverty within Indigenous communities could be alleviated with resource development

– Almost seven-in-ten Canadians (69%) agree that Indigenous and non-Indigenous communities in Canada should play a role in supplying our energy to meet domestic and global demands

– More than half of Canadians (56%) agree with the decision related to the TMX expansion, while one-in-five (21%) disagree, and a similar proportion (22%) are undecided. Support for the decision is highest in Alberta and Atlantic Canada (each at 63%), followed by Ontario (57%), Saskatchewan and Manitoba (56%), British Columbia (55%) and Quebec (52%)

– Over three-in-five Canadians (62%) think the Indigenous communities support the Trans Mountain Pipeline (TMX) project

– More than three-in-ten Canadians (31%) are more likely to support the Trans Mountain expansion upon learning of the views of Indigenous communities, while 7% are less likely to support. More than two-in-five (47%) say their position has not changed as a result of this fact

Results were based on an online study among 1,000 adults in Canada, conducted July 7 to 9, 2021 and weighted for age, gender and region. The margin of error—which measures sample variability—is +/- 3.1 percentage points, nineteen times out of twenty.

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Low oil prices could have big consequences for Alberta’s finances

Published on April 26, 2025

Todayville

From the Fraser Institute

By Tegan Hill

Amid the tariff war, the price of West Texas Intermediate oil—a common benchmark—recently dropped below US$60 per barrel. Given every $1 drop in oil prices is an estimated $750 million hit to provincial revenues, if oil prices remain low for long, there could be big implications for Alberta’s budget.

The Smith government already projects a $5.2 billion budget deficit in 2025/26 with continued deficits over the following two years. This year’s deficit is based on oil prices averaging US$68.00 per barrel. While the budget does include a $4 billion “contingency” for unforeseen events, given the economic and fiscal impact of Trump’s tariffs, it could quickly be eaten up.

Budget deficits come with costs for Albertans, who will already pay a projected $600 each in provincial government debt interest in 2025/26. That’s money that could have gone towards health care and education, or even tax relief.

Unfortunately, this is all part of the resource revenue rollercoaster that’s are all too familiar to Albertans.

Resource revenue (including oil and gas royalties) is inherently volatile. In the last 10 years alone, it has been as high as $25.2 billion in 2022/23 and as low as $2.8 billion in 2015/16. The provincial government typically enjoys budget surpluses—and increases government spending—when oil prices and resource revenue is relatively high, but is thrown into deficits when resource revenues inevitably fall.

Fortunately, the Smith government can mitigate this volatility.

The key is limiting the level of resource revenue included in the budget to a set stable amount. Any resource revenue above that stable amount is automatically saved in a rainy-day fund to be withdrawn to maintain that stable amount in the budget during years of relatively low resource revenue. The logic is simple: save during the good times so you can weather the storm during bad times.

Indeed, if the Smith government had created a rainy-day account in 2023, for example, it could have already built up a sizeable fund to help stabilize the budget when resource revenue declines. While the Smith government has deposited some money in the Heritage Fund in recent years, it has not created a dedicated rainy-day account or introduced a similar mechanism to help stabilize provincial finances.

Limiting the amount of resource revenue in the budget, particularly during times of relatively high resource revenue, also tempers demand for higher spending, which is only fiscally sustainable with permanently high resource revenues. In other words, if the government creates a rainy-day account, spending would become more closely align with stable ongoing levels of revenue.

And it’s not too late. To end the boom-bust cycle and finally help stabilize provincial finances, the Smith government should create a rainy-day account.

Alberta

Governments in Alberta should spur homebuilding amid population explosion

Published on April 26, 2025

Todayville

From the Fraser Institute

By Tegan Hill and Austin Thompson

In 2024, construction started on 47,827 housing units—the most since 48,336 units in 2007 when population growth was less than half of what it was in 2024.

Alberta has long been viewed as an oasis in Canada’s overheated housing market—a refuge for Canadians priced out of high-cost centres such as Vancouver and Toronto. But the oasis is starting to dry up. House prices and rents in the province have spiked by about one-third since the start of the pandemic. According to a recent Maru poll, more than 70 per cent of Calgarians and Edmontonians doubt they will ever be able to afford a home in their city. Which raises the question: how much longer can this go on?

Alberta’s housing affordability problem reflects a simple reality—not enough homes have been built to accommodate the province’s growing population. The result? More Albertans competing for the same homes and rental units, pushing prices higher.

Population growth has always been volatile in Alberta, but the recent surge, fuelled by record levels of immigration, is unprecedented. Alberta has set new population growth records every year since 2022, culminating in the largest-ever increase of 186,704 new residents in 2024—nearly 70 per cent more than the largest pre-pandemic increase in 2013.

Homebuilding has increased, but not enough to keep pace with the rise in population. In 2024, construction started on 47,827 housing units—the most since 48,336 units in 2007 when population growth was less than half of what it was in 2024.

Moreover, from 1972 to 2019, Alberta added 2.1 new residents (on average) for every housing unit started compared to 3.9 new residents for every housing unit started in 2024. Put differently, today nearly twice as many new residents are potentially competing for each new home compared to historical norms.

While Alberta attracts more Canadians from other provinces than any other province, federal immigration and residency policies drive Alberta’s population growth. So while the provincial government has little control over its population growth, provincial and municipal governments can affect the pace of homebuilding.

For example, recent provincial amendments to the city charters in Calgary and Edmonton have helped standardize building codes, which should minimize cost and complexity for builders who operate across different jurisdictions. Municipal zoning reforms in Calgary, Edmonton and Red Deer have made it easier to build higher-density housing, and Lethbridge and Medicine Hat may soon follow suit. These changes should make it easier and faster to build homes, helping Alberta maintain some of the least restrictive building rules and quickest approval timelines in Canada.

There is, however, room for improvement. Policymakers at both the provincial and municipal level should streamline rules for building, reduce regulatory uncertainty and development costs, and shorten timelines for permit approvals. Calgary, for instance, imposes fees on developers to fund a wide array of public infrastructure—including roads, sewers, libraries, even buses—while Edmonton currently only imposes fees to fund the construction of new firehalls.

It’s difficult to say how long Alberta’s housing affordability woes will endure, but the situation is unlikely to improve unless homebuilding increases, spurred by government policies that facilitate more development.