Energy CEOs Ask Party Leaders to Declare ‘Energy Crisis’, Reduce Oil and Gas Regulations

Workers position pipe during construction of the Trans Mountain pipeline expansion in Abbotsford, B.C., on May 3, 2023. The Canadian Press/Darryl Dyck

A group of 14 energy CEOs have written a letter to all major federal parties urging them to declare an “energy crisis” in Canada and use emergency powers to relax regulations within the industry and increase production levels.

The CEOs, who represent the 10 largest oil and gas companies and four largest pipeline companies in Canada, suggest several measures to support oil and natural gas investment and “remove the barriers we have imposed on ourselves over time.”