The CEO of Canada’s largest pipeline company is calling for the removal of the oil tanker ban off British Columbia’s northwest coast, saying it deters pipeline investment and holds back Canada’s economic potential.
Enbridge CEO Gregory Ebel made the comments on Oct. 2 while addressing the Empire Club of Canada, a Canadian speakers’ forum, in Toronto. He said Canada is at a decisive moment to capitalize on its natural resources and boost competitiveness through energy infrastructure, but that government regulations, such as the B.C. oil tanker ban, have created uncertainty and discouraged investment.
“There is a good reason the Alberta government has become the proponent of a pipeline to the north coast of BC,” Ebel said, referring to the province’s recent announcement that it will act as proponent and submit an application to the federal government’s Major Projects Office for a new bitumen pipeline to B.C.’s northwest coast….