Oil and Gas Industry

In question period on the oil and gas industry, Bloc Québécois members asked whether public money would be used to pay for new pipelines, citing a reported promise to Alberta’s premier of pipelines funded by proponents and a $25 billion sovereign wealth fund in the economic update, and raised concerns about relaxed pipeline approval rules affecting Quebec. Government ministers replied that the government is investing billions in clean energy, the electricity grid and methane reductions, that it aims to be an energy leader in both conventional and clean energy for all Canadians, and that it seeks to catalyze $500 billion in private investment, with Alberta submitting a project proposal to the Major Projects Office by July 1 and support available for Indigenous co-ownership loans.Written by AI from the debate. Updated .

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