Mr. Speaker, the Business Council of B.C. says that the TMX delay is a “crisis of confidence” in Canada's regulatory processes, with far-reaching implications. Canada has always had the world's highest standards for energy and environmental regulation. However, the Prime Minister has killed over 6,600 kilometres of pipeline and driven over $80 billion in energy investment out of Canada in less than one term.
RBC warns that capital is fleeing Canada in real time, and “if we don’t keep the capital here, we can’t keep the people here ”.
When will the Prime Minister finally champion Canadian energy?