The government clearly wants to jam Bill C69 through the Senate before June and everything is put on hold before the October federal election
|"(It's) the single most important 90-days in Canada's |
resource sector" - Suits and Boots founder Rick Peterson
- The proposed law was introduced by the Minister of
Environment and Climate Change – not by the Minister of Natural Resources. It
was reviewed by the House environment committee rather than the energy
committee, and only had minimal witness hearings from the energy
- The Bill also contains a clause that will require
new resource projects to be scrutinized according to “the intersection of
sex and gender with other identity factors.” Seriously?
- This Bill clearly gives the federal Environment
Minister added discretionary power on deciding whether a project goes ahead or
not. Foreign investors will clearly see this for what it really is: a vague,
long, expensive and politically motivated decision making process.
- The Business Council of BC says this proposed law
will lead to “greater difficulty securing permits… heightened uncertainty among
company managers, project developers and investors.” The Council says Bill C69
will help “accelerate outflows of business investment to other
- Project review timelines will be extended from an already slow 4 years, on average, by another 8-10 months. All
this while American regulators are moving to two-year timelines.
- Bill C-69 imposes new geographic and
upstream/downstream criteria on Greenhouse Gas Emission standards. This
effectively takes away provincial government authority on natural
resource development or exploration and is largely out of control of
- Fuzzy scientific standards being imposed by Bill C-69 make it unclear if they are the same for
both indigenous and non-indigenous bodies who will be doing assessments.
- New and relaxed public input standards for
participation in hearings sets the bar so low that it’s easy to see a huge
influx of poorly informed, politically stacked and repetitive presentations.
This obviously favours opponents of resource projects who have the time, money
and support from offshore sources.
- The Bill contains a clause that sets a dangerous
precedent by turning Canada’s voluntary commitments in climate change into
legal obligations that could be used against us by our trading partners.
- Bill C-69 falls far short of setting enough support for proponents of resource development during the review process. The Trans Mountain Expansion Project Application had 8,800 pages describing the negative effects on local communities – but just two pages on its economic, fiscal and energy benefits. This won’t change under C-69.