Bill-22 will provide much-needed certainty for future investment decisions.
Meanwhile, countries with state-owned oil and gas companies such as Venezuela and Mexico will have another way to access capital.
The Trudeau government’s proposed Bill C-69 and Bill C-48 will impose further barriers to energy development.
The recent protests in New Brunswick against proposed hydraulic fracturing (fracking) has put a spotlight on the Elsipogtog (Elsi-book-took) First Nation, which has been extremely vocal in its opposition to proposed shale gas exploration. But however sincere these protests, they are ultimately misguided.