An open letter signed by 14 CEOs, including TC Energy's François Poirier, was delivered to Canada’s political party leaders, calling for an urgent plan to strengthen economic sovereignty. The letter, from the four largest pipeline companies and ten largest oil and natural gas companies, addresses global energy security challenges and the need for pragmatic energy strategies.
The CEOs emphasized the need for Canada to grow its energy sector and build infrastructure, including new oil and natural gas pipelines and Liquefied Natural Gas (LNG) export terminals. They advocate for a country-wide push to champion Canadian energy products and unleash the potential of natural resources.
François Poirier stated that the federal government lacks the right policies and regulatory framework to support oil and natural gas investment, leading to billions in lost economic opportunities due to permitting delays. The letter outlines five calls for action to remove these self-imposed barriers and enable prompt energy project development.
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