Energy
Canadian natural resource minister’s wife invests in oil stocks as gov’t attacks industry

From LifeSiteNews
Records show Tara Wilkinson’s stock purchases include ‘fossil fuel’ producers targeted for eventual elimination by the Liberal government.
The wife of Canadian Natural Resources Minister Jonathan Wilkinson bought oil and gas company stocks, records show, at the same time the federal Liberal government has been attacking the industry in a bid to curb so-called “fossil fuel” use and “fight against climate change.”
According to records as per a recent Blacklock’s Reporter report, Wilkinson’s wife, Tara, amped up her trading in oil and gas stocks last year in Enbridge Incorporated and Shell PLC. The records were found filings under Canada’s Conflict of Interest Code for Members of the House of Commons.
Records show Mrs. Wilkinson also has shares in the globalists linked BlackRock Inc., Amazon, and Finning International Inc., the military-industrial complex linked to Lockheed Martin Corporation, along with COVID jab promoting Pfizer and 3M Company. She also holds stock in Royal Bank and Toronto Dominion Bank.
As early as December, Wilkinson boasted that “Canada became the first oil and gas producer in the world to put a cap on oil and gas emissions.”
He also has claimed that he is looking out for his family’s future by promoting federal climate programs.
Indeed, in 2021, he said he would “honour the commitments we made to our children that we’re going to leave them something that is a workable and sustainable world,” claiming “climate change” is the “existential issue of our time.”
He also claimed, despite his wife and by extension family profiting off oil and gas companies, that “we are on a trajectory to reducing to net zero by 2050” and that “it is important in our fight against climate change.”
Other current and former Liberal cabinet ministers also have oil and gas stocks, such as former Addictions Minister Carolyn Bennett, former Attorney General David Lametti and current Veterans Affairs Minister Ginette Petitpas Taylor.
Oil and gas companies have been racking in high profits due to both a high demand for oil and gas and higher oil prices.
The federal government under Prime Minister Justin Trudeau since 2015 has pushed a radical environmental agenda similar to the agendas being pushed the World Economic Forum’s “Great Reset” and the United Nations “Sustainable Development Goals.”
Late last year, the Trudeau government forged ahead with many policies that if they come to full fruition will destroy Canada’s oil and gas industry, which provides jobs to thousands and is important in Alberta and Saskatchewan.
At COP28 held late last year, Environment Minister Steven Guilbeault unveiled a plan to slash oil and gas emissions by 35% to 38% below 2019 levels. He claimed that it is important to reach “carbon neutrality in Canada by 2050.”
At COP28, he announced a new Liberal federal government climate policy that aims to incentivize beef cattle ranchers to reduce how much gas their cows emit by giving them feed additives.
A recent near power blackout in Alberta due to the failure of wind and solar power, however, highlights how so-called sustainable wind and solar power, which the Trudeau government heavily promotes, are not a good fit for Canada’s cold climate.
Alberta Premier Danielle Smith has blasted Guilbeault as a “menace” for going after her province and the oil and gas industry in general and vowed to fight him with every tool available to her government.
The Trudeau government has also pledged to mandate that all new cars and trucks by 2035 be electric, which would in effect ban the sale of new gasoline- or diesel-only powered vehicles after that year.
The reduction and eventual elimination of the use of so-called “fossil fuels” and a transition to unreliable “green” energy has also been pushed by the World Economic Forum (WEF) – the globalist group behind the socialist “Great Reset” agenda – an organization in which Trudeau and some of his cabinet are involved.
A June 2017 peer-reviewed study by two scientists and a veteran statistician confirmed that most of the recent global warming data have been “fabricated by climate scientists to make it look more frightening.”
There have been two recent court rulings that have dealt a blow to Trudeau’s environmental laws, however.
The most recent was the Federal Court of Canada on November 16 overturned the Trudeau government’s ban on single-use plastic, calling it “unreasonable and unconstitutional.”
The second ruling comes after Canada’s Supreme Court recently sided in favor of provincial autonomy when it comes to natural resources. The Supreme Court recently ruled that Trudeau’s law, C-69, dubbed the “no-more pipelines” bill, is “mostly unconstitutional.” This was a huge win for Alberta and Saskatchewan, which challenged the law in court. The decision returned authority over the pipelines to provincial governments, meaning oil and gas projects headed up by the provinces should be allowed to proceed without federal intrusion.
The Trudeau government, however, seems insistent on defying the recent rulings by pushing forward with its various regulations.
2025 Federal Election
MORE OF THE SAME: Mark Carney Admits He Will Not Repeal the Liberal’s Bill C-69 – The ‘No Pipelines’ Bill

From EnergyNow.Ca
Mark Carney on Tuesday explicitly stated the Liberals will not repeal their controversial Bill C-69, legislation that prevents new pipelines being built.
Carney has been campaigning on boosting the economy and the “need to act forcefully” against President Donald Trump and his tariffs by harvesting Canada’s wealth of natural resources — until it all fell flat around him when he admitted he actually had no intention to build pipelines at all.
When a reporter asked Carney how he plans to maintain Bill C-69 while simultaneously building infrastructure in Canada, Carney replied, “we do not plan to repeal Bill C-69.”
“What we have said, formally at a First Ministers meeting, is that we will move for projects of national interest, to remove duplication in terms of environmental assessments and other approvals, and we will follow the principle of ‘one project, one approval,’ to move forward from that.”
“What’s essential is to work at this time of crisis, to come together as a nation, all levels of government, to focus on those projects that are going to make material differences to our country, to Canadian workers, to our future.”
“The federal government is looking to lead with that, by saying we will accept provincial environmental assessments, for example clean energy projects or conventional energy projects, there’s many others that could be there.”
“We will always ensure these projects move forward in partnership with First Nations.”
Tory leader Pierre Poilievre was quick to respond to Carney’s admission that he has no intention to build new pipelines. “This Liberal law blocked BILLIONS of dollars of investment in oil & gas projects, pipelines, LNG plants, mines, and so much more — all of which would create powerful paychecks for our people,” wrote Poilievre on X.
“A fourth Liberal term will block even more and keep us reliant on the US,” he wrote, urging people to vote Conservative.
Alberta
Energy sector will fuel Alberta economy and Canada’s exports for many years to come

From the Fraser Institute
By any measure, Alberta is an energy powerhouse—within Canada, but also on a global scale. In 2023, it produced 85 per cent of Canada’s oil and three-fifths of the country’s natural gas. Most of Canada’s oil reserves are in Alberta, along with a majority of natural gas reserves. Alberta is the beating heart of the Canadian energy economy. And energy, in turn, accounts for one-quarter of Canada’s international exports.
Consider some key facts about the province’s energy landscape, as noted in the Alberta Energy Regulator’s (AER) 2023 annual report. Oil and natural gas production continued to rise (on a volume basis) in 2023, on the heels of steady increases over the preceding half decade. However, the dollar value of Alberta’s oil and gas production fell in 2023, as the surging prices recorded in 2022 following Russia’s invasion of Ukraine retreated. Capital spending in the province’s energy sector reached $30 billion in 2023, making it the leading driver of private-sector investment. And completion of the Trans Mountain pipeline expansion project has opened new offshore export avenues for Canada’s oil industry and should boost Alberta’s energy production and exports going forward.
In a world striving to address climate change, Alberta’s hydrocarbon-heavy energy sector faces challenges. At some point, the world may start to consume less oil and, later, less natural gas (in absolute terms). But such “peak” consumption hasn’t arrived yet, nor does it appear imminent. While the demand for certain refined petroleum products is trending down in some advanced economies, particularly in Europe, we should take a broader global perspective when assessing energy demand and supply trends.
Looking at the worldwide picture, Goldman Sachs’ 2024 global energy forecast predicts that “oil usage will increase through 2034” thanks to strong demand in emerging markets and growing production of petrochemicals that depend on oil as the principal feedstock. Global demand for natural gas (including LNG) will also continue to increase, particularly since natural gas is the least carbon-intensive fossil fuel and more of it is being traded in the form of liquefied natural gas (LNG).
Against this backdrop, there are reasons to be optimistic about the prospects for Alberta’s energy sector, particularly if the federal government dials back some of the economically destructive energy and climate policies adopted by the last government. According to the AER’s “base case” forecast, overall energy output will expand over the next 10 years. Oilsands output is projected to grow modestly; natural gas production will also rise, in part due to greater demand for Alberta’s upstream gas from LNG operators in British Columbia.
The AER’s forecast also points to a positive trajectory for capital spending across the province’s energy sector. The agency sees annual investment rising from almost $30 billion to $40 billion by 2033. Most of this takes place in the oil and gas industry, but “emerging” energy resources and projects aimed at climate mitigation are expected to represent a bigger slice of energy-related capital spending going forward.
Like many other oil and gas producing jurisdictions, Alberta must navigate the bumpy journey to a lower-carbon future. But the world is set to remain dependent on fossil fuels for decades to come. This suggests the energy sector will continue to underpin not only the Alberta economy but also Canada’s export portfolio for the foreseeable future.
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