CAPP regularly issues news releases related to occurrences in Canada’s oil and natural gas industry. Check this page regularly for the latest new releases.
“With the U.S. trade war creating significant economic uncertainty, we must face the fact that Canada will struggle to compete with the U.S. for capital as it initiates a dramatic reset of its climate and energy policy, along with its fiscal and regulatory frameworks. Canada must confront this threat from the U.S. by unleashing its […]
“We are at a critical moment in Canadian history. Prime Minister Carney and his new cabinet have come into government amid a trade war with our closest trading partner while the President of the United States is openly threatening our country’s very sovereignty. Canada is in a precarious position partly because for too long the […]
“The PBO report reaches the same conclusion as CAPP: the government’s proposed regulations to cap greenhouse gas emissions from the oil and gas sector will directly limit Canada’s oil and natural gas production. The assessment also highlights the severe economic impact of the emissions cap, projecting a 0.39% decline in real GDP by 2032, a […]
“CAPP and its member companies are deeply disappointed in the U.S. Administration’s decision to impose across the board tariffs on Canadian goods. As Canadians we must now recognize the relationship with our closest friend, ally, and trading partner has fundamentally changed. In this moment, we must act with urgency to focus on the Canadian national […]
CAPP is pleased the tariffs on Canadian energy and all Canadian products will be paused to allow for further negotiations with the United States. Our integrated energy infrastructure delivers the reliable, affordable and secure energy Americans and Canadians need every, single, day. Combined, Canada and the U.S. produce about 30 percent of the world’s natural […]
“We are deeply disappointed that U.S. President Trump has decided to institute tariffs on Canadian goods. Nobody wins with the introduction of tariffs on Canadian energy. These tariffs undermine our mutually beneficial relationship and are likely to increase costs and inflation for American consumers while damaging the economies of both countries. With the complexity of […]
Calgary, Alberta (January 20, 2025) “The United States is undergoing a major and rapid reset on their approach to economic policy including energy, climate, infrastructure and taxes. While the U.S. is a valued energy trade partner, they are also our closest competitor for investment and if Canada does not keep up, we will find ourselves […]
Calgary, Alberta (January 14, 2025) “Oil, natural gas and related products make up the largest share of Canada’s export value, responsible for one quarter of all Canadian exports while representing about $150 billion worth of trade with the United States annually. The U.S.-Canada economic partnership has created prosperity and economic opportunity for generations of Canadians […]
January 13, 2025 (Calgary, Alberta) “CAPP and its member companies would strongly oppose any form of export tax applied to Canadian oil and natural gas being sold in the United States. A counter measure such as placing a tax on exports to the United States would mimic and amplify the negative effects of a U.S. […]
For Immediate Release January 13, 2025 (Calgary, Alberta) – Five of the country’s largest energy-focused industry associations have formed a joint working group to support the push against the threat of a 25 percent tariff on all Canadian goods from the incoming U.S. President, Donald Trump. The Canadian Association of Petroleum Producers (CAPP), Pathways Alliance, […]
Calgary, Alberta (January 7, 2025) “After reviewing the draft emissions cap regulations, it is CAPP’s view the federal government’s approach will directly limit Canada’s oil and natural gas production, significantly infringing on provincial jurisdiction. No government should pursue such value-destroying and patently unconstitutional legislation. This is a federal production cap under the guise of an […]
“On behalf of the entire team at the Canadian Association of Petroleum Producers, I extend my heartfelt condolences to Niilo Edwards’ family and loved ones. Niilo Edwards has spent the last 20 years working with organizations to advance Indigenous business capacity and participation in major project development. Since 2017, he has served as Chief Executive […]