Petroleum Producers Release Report on Canadian Resources Investment

Headline Politics

Petroleum Producers Release Report on Canadian Resources Investment

Tim McMillan, president and CEO of the Canadian Association of Petroleum Producers (CAPP), holds a Parliament Hill news conference to discuss the group’s report on the lack of investor confidence in Canadian resources.

The report cites rising government costs, the burden of inefficient regulations and the lack of infrastructure to move Canadian energy to new markets as the factors behind the lack of investment. This is the first in a series of economic reports that CAPP will be releasing in 2018. (February 26, 2018) (no interpretation)