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Classified in: Oil industry
Subject: AVO

Canada can play a key role on the world stage if Canadians 'vote for energy': CAPP 2019 Federal Energy Platform


OTTAWA, June 3, 2019 /CNW/ - Canada's next federal government has an opportunity to help define a strategic, long-term vision for the growth of Canada's oil and natural gas sector, one that promotes jobs and a healthy economy for all Canadians, while being part of the solution to meet growing global energy demand with responsibly developed energy, according to the Canadian Association of Petroleum Producers (CAPP).

The Canadian Association of Petroleum Producers (CNW Group/Canadian Association of Petroleum Producers)

CAPP believes Canadian energy reflects Canadian values: environmental innovation; Indigenous reconciliation; community engagement; and, leadership in labour and human rights. Using Canadian oil and natural gas is about more than meeting energy needs ? it is about using the best product to displace less responsibly produced ones.  

In its 2019 federal energy platform, Oil and Natural Gas Priorities: Putting Canada on the World Stage, CAPP outlines opportunities for all of Canada's federal political parties to address the issues facing the oil and natural gas industry, including market access, regulatory policy, Indigenous prosperity, climate and innovation, and fiscal and tax policy.

The job of the next federal government is to create the conditions necessary for Canada to play a key role on the world stage. The Government of Canada needs to create the conditions to:

It is also the federal government's job to enable national prosperity with a regulatory regime that assesses oil and natural gas projects in a timely manner, and provides certainty to Canadians and investors. Bringing investment back to Canada, and building a growing oil and natural gas industry could yield significant socio-economic benefits across the country.

In the upcoming federal election, it's important all Canadians vote for energy at the ballot box.

CAPP's federal energy platform is to inform all Canadians of the concerns and vision of the oil and natural gas business in a manner that is non-partisan and is not advertising. The business of energy is the business of every government regardless of its political persuasion. CAPP does not support or oppose any particular registered party or candidate.

CAPP's Oil and Natural Gas Priorities: Putting Canada on the World Stage can be found here.

CAPP quotes: Tim McMillan, President and CEO

Supporting Information:

The Canadian Association of Petroleum Producers (CAPP) represents companies, large and small, that explore for, develop and produce natural gas and oil throughout Canada. CAPP's member companies produce about 80 per cent of Canada's natural gas and oil. CAPP's associate members provide a wide range of services that support the upstream oil and natural gas industry. Together CAPP's members and associate members are an important part of a national industry with revenues from oil and natural gas production of about $101 billion a year. CAPP's mission, on behalf of the Canadian upstream oil and natural gas industry, is to advocate for and enable economic competitiveness and safe, environmentally and socially responsible performance.

SOURCE Canadian Association of Petroleum Producers


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