We will replace Bill C-69 with a new process that sets clear expectations and timelines for environmental reviews. This will secure and maintain investment in Canada's energy sector as we restore confidence and certainty.
Further, we will reduce politicization of the review process and make sure that all designated projects undergo a rigorous consultation process. Foreign funded groups will be banned from using the approvals process to blog energy projects that are in our national interest. This new process will adhere to world-class environmental standards.
A new Conservative government will work collaboratively with provinces, territories, industry, and Indigenous groups.
To promote mutually beneficial conversations between Indigenous communities and resource project proponents, we will provide $10 million per year to the organizations that foster collaboration and encourage strong partnerships between these two groups.
No new pipelines, or coal, oil or gas drilling or mining, including offshore wells, will be approved. Existing oil and gas operations will continue on a declining basis, with bitumen production phased out between 2030 and 2035. Hydraulic fracturing (fracking) operations will be banned outright due to impacts on groundwater quality, methane release and seismic activity.
Cancel the Trans Mountain pipeline (and its $10-13 billion cost) as well as other subsidies to fossil fuel industries, totaling (sic) an additional several billion dollars a year. This money will be redirected to the Canadian Grid Strategy and renewable energy transition.