Le Lézard
Classified in: Oil industry, Environment, Business
Subjects: ECO, ENI, CPG

Premiers Committed to Economic Competitiveness and Responsible Resource Development

SASKATOON, July 11, 2019 /CNW/ - Premiers agreed on the importance of balancing environmental stewardship with economic growth and competitiveness.  They emphasized the need for a clear, predictable and timely environmental assessment process and for provinces and territories to be directly involved in federal legislative or regulatory development.  Premiers stressed the important role of strategic infrastructure in getting Canadian goods, services and natural resources to markets and creating jobs.

Environmental Assessment and Federal Policy Initiatives
Premiers discussed the need to ensure the environment is protected as Canada's economy grows.  The responsible development of natural resources will provide opportunities for growth and prosperity, while also assuring protection for Canada's water, air and land.

Provinces and territories have clear jurisdiction over the development of natural resources. They have developed world-class regulatory regimes that balance environmental protection and economic and labour growth. Premiers urged the federal government to work with provinces and territories on an ongoing basis to ensure a transparent and coordinated approach to environmental assessment across Canada.

Premiers expressed a variety of views on the Canadian Energy Regulator Act, the Impact Assessment Act, the Act to Amend the Fisheries Act and the Act to Amend the Oceans Act and the Canada Petroleum Resources Act. Some Premiers expressed concern that these new federal laws would not provide the predictability and streamlined process required to ensure that economically beneficial, environmentally responsible projects are approved and built in Canada.  They felt that these laws, combined with the Oil Tanker Moratorium Act, would severely affect Canada's global competitiveness and its ability to reach growing new markets, such as the Asia-Pacific region.

However, all Premiers were unanimous in renewing their call for full implementation of the principle of "one project, one assessment." They again urged the federal government to employ transparent, predictable and consistent decision-making criteria that:

Timelines for environmental assessment processes must be globally competitive with comparable international jurisdictions with similarly robust environmental regimes.

Premiers emphasized the importance of directly involving provincial and territorial governments in the development of regulations and policies for the implementation of environmental assessment legislation so as to ensure certainty for all parties in the regulatory process.

Clean Fuel Standard
Premiers discussed the many measures being introduced by the federal government, which may affect the economic competitiveness of Canadian resource industries. 

Premiers call on the federal government to ensure that any national clean fuel standard adheres to the following principles:

Strategic Infrastructure and Economic Corridors
Natural resources, including hydroelectricity, oil and gas, and minerals, play a vital role in Canada's economy.  Ensuring these resources get to markets, on time and safely, contributes to a stable and strong economy and further promotes Canada's energy independence.  Premiers noted that all regions in Canada should be enabled to develop resources in an economically efficient and environmentally responsible manner.

Premiers share a commitment to getting environmentally responsible and economically significant strategic infrastructure projects built in order to ensure goods, services and natural resources get to markets safely and efficiently and communities are better connected.  Infrastructure investments are key to strengthening growth in all regions of Canada.

Premiers encourage the federal government to direct its investments towards projects that support provincial and territorial priorities, including transportation, communications, and energy infrastructure, in a way that is respectful of provincial and territorial jurisdiction over natural resources.  Increased investments in these areas will contribute to sustainable and diversified economies, vibrant rural, remote and northern communities and improved domestic and international market access. 

Robust energy transportation and transmission is critical to supporting Canada's competitiveness, and a strong, sustainable and environmentally responsible economy. Canada's oil and gas industries currently ship 4.59 million barrels per day of oil and 16.2 billion cubic feet of gas per day to markets in Canada and abroad via Canada's existing network of pipelines, roads, rail and ports. Recent investments by industry mean that the industry's productive capacity now exceeds the capacity of the transportation network. Premiers expressed their ongoing commitment to ensuring a predictable regulatory environment that enables market driven investments in safe, efficient, environmentally responsible energy infrastructure.  Premiers also recognized the importance of partnering with Indigenous communities as projects are developed and implemented.  Likewise, energy transmission projects that can help reduce carbon emissions in North America, as well as provide reliable and flexible electricity supply, should be fostered. 

Premiers discussed serious challenges in getting their products to domestic and international markets. There is a need to increase certainty for investors and help get major infrastructure and transmission projects done in a timely fashion while minimizing environmental impacts, lowering the costs of environmental assessments, and maintaining high standards of Indigenous consultation and science-based assessments.  These options should include further discussions on pan-Canadian economic corridors, both east-west and north-south, to increase productivity by distributing energy, communications, and economic potential currently locked in a single province or territory to other jurisdictions.

Economic corridors could expand markets for Canadian energy, including hydroelectricity and natural gas. This will also create vital transportation and economic links between Canada's North and the rest of Canada.

Quebec restated there is no social acceptability with respect to the passage of new oil pipelines on its territory, but remains open to promote, in an environmentally responsible manner, the transmission of hydroelectricity and the transport of natural gas toward markets.

Federal Infrastructure Funding

Provinces and territories determine their unique infrastructure needs. In order to get needed local and regional infrastructure projects approved and built in a timely fashion, Premiers are seeking federal cooperation through the provision of:

Premiers agreed that diverging policy views and disagreements between orders of government should not preclude provinces and territories from accessing federal infrastructure funding. 


SOURCE Canada's Premiers

These press releases may also interest you

at 19:05
Jefferies confirmed that tomorrow, Wednesday, January 22nd, 2020, the firm will dedicate a day of trading to support relief efforts needed after the devastation caused by the recent wildfires taking place in Australia. As previously announced,...

at 18:07
A green tribute to Canada's veterans and fallen comrades is set to expand this spring along Canada's busiest highway, thanks to new support for tree planting. Property owners can now apply for a funding subsidy that...

at 16:30
Las Vegas Sands has again been recognized by CDP, the international nonprofit environmental disclosure platform, on the Climate Change A List. This is the company's fifth year in a row to attain a leadership position for Climate Change, a...

at 15:35
Chemed Corporation today announced that it will release financial results for the fourth quarter ended December 31, 2019, on Tuesday, February 18, 2020, following the close of trading on the New York Stock Exchange. Chemed will host a conference...

at 14:05
More than 19 million plastic bottles have been repurposed into thousands of pre-sloped and tile-ready shower pan systems since 2015 by QuickDrain USA. Comprised of extruded rigid PET (polyethylene terephthalate) plastic foam, the lightweight and...

at 13:00
Rick Parnell, CEO of the Foundation for Climate Restoration, issues the following statement on Microsoft's Recently Announced Plan to Remove its Carbon Footprint. "We applaud Microsoft for its newly-announced, ambitious...

News published on 11 july 2019 at 17:40 and distributed by: