Energy
The Next Canadian Federal Election Will Also be a Crucial Energy Issues Election

From EnergyNow.ca
By Maureen McCall
Since January 6, 2025, when Prime Minister Trudeau announced that he was stepping down as Prime Minister of Canada and announced that the Governor General had granted his request to prorogue Parliament, Canadians have been contemplating the fallout.
Terry Winnitoy, co-founder of EnergyNow.ca in Canada and EnergyNow.com in the US, wisely chose to bring together speakers from provincial and federal governments, as well as energy industry SMEs and an indigenous organization to discuss energy issues that will be part of this year’s 2025 federal election in Canada and crucial to Canada’s energy future; The Federal ‘Energy’ Election ’25 event was held at the Calgary Petroleum Club last week to a packed room.

The Federal ‘Energy’ Election ’25 Panel – From Left to Right : Greg McLean, David Yager, Rebecca Schulz, Kendall Dilling and Dale Swampy
Tracey Bodnarchuk CEO of Canada Powered By Women moderated the leaders’ panel which included Greg McLean Calgary Centre Federal Conservative MP, Rebecca Schulz Alberta Minister of Environment and Protected Areas, David Yager Senior Advisor to Alberta Premier Danielle Smith, Energy industry Entrepreneur and Author, Kendall Dilling, Pathways Alliance President and previous Cenovus Energy Vice-President- Environment & Regulatory, and Dale Swampy, President and founder of the National Coalition of Chiefs who is a board member and provides advisory services to The Canadian Energy Regulator (CER) and the Business Council of Alberta.
The discussion focused on the critical importance of the upcoming federal election, emphasizing the need for pragmatic, common-sense policies that will shape energy policies for decades to come.
Some of the Key points made by the panel included Canada’s significant role as the fourth-largest oil producer and fifth-largest natural gas producer, contributing 10% to GDP and $200 billion in exports. MP Greg McLean commented on how dramatically MPs in Ottawa have done a 180-degree pivot from their anti-fossil fuel stance of the last ten years.
“What I find ironic is the fact that you’ve got many eastern politicians- federal and provincial that are saying we need to use the oil industry as our trump card, and no pun intended,” McLean said.
“They’re actually trying to say this energy is very important. I can’t tell you how many years and how many speeches I’ve heard in the House of Commons about how we need to do away with this (Oil and Gas) industry as quickly as possible.
A wake-up call has happened. Now we recognize how important this industry is, as far as a job contributor, an economic contributor, and a taxation contributor to the Canadian economy. Now suddenly it’s the most important industry in Canada.”
The panel discussion highlighted the broad impacts of Trump tariffs and the need for pragmatic, common-sense policies that will shape energy policies for decades.
Minister Rebecca Schulz echoed the recent changes in energy discussions.
“Now we have to focus on energy security, affordability, our economy, jobs for everyday people, Schulz said. “We have to talk about that more now than we had in the past – when our federal government only wanted to talk about the environment and emissions. That is not a reasonable, rational conversation now, and it’s not what Canadians want to hear right now.”
She commented that the federal government has been problematic over the 10 years and said it was Premier Danielle Smith’s strong communications, advocacy and presence in the US and across North America – reaching out to policymakers south of the border that contributed to a reprieve in tariffs.
Dave Yager briefly described the market conditions that enabled misguided Federal govt policies over the last ten years.
“There were a lot of trends that took place from 2015 to 2019,” Yager said. “Interest rates were really low. Inflation was really low. They kept up with quantitative easing. The governments looked invincible. Renewables appeared to be penetrating because the cost was buried, and they never really realized what a contribution the collapse of oil prices made in 2015 to keep inflation down.
Why quantitative easing wasn’t inflationary until 2020 had a lot to do with the low price of oil and the low price of natural gas. That’s all changed. It started in 2020 and by 2022 when the Russian tanks went into Ukraine, all of a sudden we’ve got a whole different world. If you look around the world, a lot of people have changed direction. So I think there’s a growing realization that the platform that this government was elected on just doesn’t exist anymore.”
Kendall Dilling added his agreement that we are at “a palpable inflection point”. He saw a silver lining to all the challenges that he views as a wake-up call for Canadians.
“The question is, can we capitalize on it,” Dilling said. “and actually bring some change to fruition before we slide back into complacency?
When we talk about how we respond, there’s no scenario where we don’t remain intrinsically linked to the United States from a supply chain and energy perspective.
But we have become codependent. We slacked on our NATO and border commitments and other things. We’ve decided that only one issue mattered for the last decade, at the expense of the economy and we find ourselves in an unenviable position. Now the opportunity is in front of us to get a national consensus on the importance of the economy and actually drive some change.”
Dale Swampy stated that the Tariff issue has real relevance for the First Nations that the NCC represents as most of those Nations are located in Alberta and fully entrenched in the oil and gas industry.
He sees the importance of the impact on Canada and the U.S. as a driver for diversification to find new markets and he has experience in the fight to get pipeline project approval under the current processes. In 2010, he joined the Indigenous Relations team for the Northern Gateway Pipeline Project as Director of Indigenous Relations for the BC terrestrial region.
He worked with Indigenous community leaders to establish the Northern Gateway Aboriginal Equity Partners group or AEP – a group comprised of 31 Aboriginal community leaders working as part of an unprecedented partnership with Northern Gateway. It was after the cancellation of the project in 2016 that he started the National Coalition of Chiefs (NCC).
“I think it’s more important to understand that we have an opportunity now. It’s been nine years since they cancelled the Northern Gateway project. It’s been nine years since we have had an opportunity like this and can put the idea of building Northern Gateway and Energy East back on the table.
We want to advocate for the possibility of getting Northern Gateway launched again. If we get a First Nation-led project, we will support it. Now we have some leverage and we do have the ability to build it. So we’re working with a lot of the big six oil sands companies to say that we’ll put our name onto this and promote the Northern Gateway project.”
Swampy noted that with regulatory refinements, the pipeline could be built in a much more effective timeline than TMX.
The panel discussed specific projects like LNG expansion and the potential for more First Nations-led initiatives underscoring the urgency of rebuilding trust and attracting international capital to drive economic growth.
The discussion highlighted the challenges faced by Canada’s resource-based industries due to investor impatience with investors preferring more predictable returns, and favouring projects in the US (which are approved and built in much shorter timelines) over Canadian projects like LNG which become mired in regulatory red tape.
The comparison was made that Canada has only two LNG projects under construction compared to the US’s 25 billion cubic feet a day since 2015.
The panel addressed the current political instability with a parliament shutdown and a looming election. They emphasized the need for balanced policies that consider economic growth, energy security, and environmental responsibility but also shorten the overwrought regulatory process to get projects approved and built. They called for better communication and advocacy, particularly through social media, to influence public perception and policy.
MP Greg McLean summed up much of the sentiments of the panel saying:
“Oil is still going to be oil. Getting Canadian oil consumed in Canada, and getting a pipeline all the way through to New Brunswick makes all the sense in the world. Finally, the politicians are there. So maybe one of the things that we’ve seen in the last while about what the president of the United States has put on our table is the opportunity to cooperate to get the Canadian economy working coast to coast.”
Maureen McCall is an energy professional and Senior Fellow at the Frontier Center For Public Policy who writes on issues affecting the energy industry.
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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