“The Canadian Association of Petroleum Producers (CAPP) welcomes the trilateral memorandum of understanding (MOU) between the federal government, the government of Alberta and Oil Sands Alliance members to establish the fiscal and regulatory frameworks to incent future production growth and utilize the proposed new pipeline infrastructure to the West Coast while also advancing the Pathways Project for Carbon Capture and Storage. These initiatives reflect a shared commitment to strengthening Canada’s energy advantage — one of our country’s greatest assets in the global economy — with the potential to deliver generational growth opportunities. By building on our natural resources and the expertise of our energy workers, we can drive investment, enhance competitiveness, and deliver lasting economic and environmental benefits for Canadians.”
— Lisa Baiton, President and CEO, Canadian Association of Petroleum Producers