CAPP Statement: Support for the Bay du Nord project

April 4, 2022, St. John’s, Newfoundland and Labrador

Today’s Narrative Research release demonstrates Newfoundlanders and Labradorians’ overwhelming support for the Bay du Nord project, as well as shows their significant concern with ongoing delays in the environmental assessment approval process. The Impact Assessment Agency of Canada concluded in August 2021 that this project is unlikely to have adverse environmental impacts with appropriate mitigations in place. It is time for the Government of Canada to approve the environmental assessment for the Bay du Nord project, which will produce some of the lowest emission oil in Canada.

Newfoundlanders and Labradorians have also clearly stated their support for increasing the role Newfoundland and Labrador can play in offsetting Europe’s reliance on Russian oil and natural gas in the future. Newfoundland and Labrador already exports oil to many European countries and can continue to play an important role in global energy security while continuing to manage and reduce emissions.

• Paul Barnes, Director, Atlantic Canada & Arctic, Canadian Association of Petroleum Producers