Alex Whalen and Matthew Mitchell: Why can’t Canada reach its energy superpower potential? Too many veto votes – The Hub
In a nod to the importance of the energy industry, both the Liberals and Conservatives made promises in the recent election to cut red tape and speed up the approval of major energy projects. To that end, the Carney government recently enacted Bill C-5, which gives the prime minister sweeping powers to override existing laws and regulations that might stand in the way of new projects.
While Prime Minister Carney, who continues to say he wants Canada to become an “energy superpower,” has properly diagnosed the problem (i.e. red tape in the approval process), Bill C-5 is not the solution.
