Manitoba Oil & Gas Review 2020

Page 13

A Message from

larry maguire

Member of Parliament for Brandon-Souris On behalf of the Conservative Party of Canada and our Manitoba Caucus, I would like to thank the Manitoba Oil & Gas Review for the opportunity to share how my Conservative colleagues and I are working to support the oil & gas sector in Manitoba and across Canada. Conservatives are focused on helping Canadian families and businesses through the COVID-19 global pandemic. Conservatives understand the important role of the oil & gas sector and are committed to continuing to support the industry through these unprecedented times. On April 17th, the Liberal government announced support for the oil & gas sector, including new funding to clean up orphaned and/or inactive oil & gas well sites in Alberta, British Columbia, and Saskatchewan; establishing an Emissions Reductions Fund managed by Natural Resources Canada; and expanding eligibility for the Business Credit Availability Program to support at-risk medium-sized energy companies to help maintain operations and retain employees.

These measures are a first step, but much more is necessary to protect Canadian energy jobs and ensure the recovery of the Canadian economy. These announcements lack significant detail and timelines for when energy sector employers and employees will begin receiving the necessary support. The oil & gas sector is not just vital for Western Canada and Newfoundland and Labrador — it is an economic engine that benefits the entire country. Oil & gas are Canada’s leading exports, are the largest source of private investment in Canada, and represent 11 per cent of Canada’s GDP. Conservatives understand the importance of the oil & gas sector and will continue to work collaboratively to achieve the best possible outcomes for the industry — and help Canada’s economic recovery. My colleagues and I support increased liquidity for businesses and orphan well remediation, but so far, the government’s response has been short on detail. Since the beginning of April, Conservatives have called on the government

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to provide the financial assistance to increase liquidity and recapitalize small and medium oil & gas employers, cancel the carbon tax, work with regulators to speed-up assessments for oil & gas projects, provide regulatory overhaul to Bill C-69 to adopt the amendments proposed by provinces and the private sector, and expanded access to export markets by expediting the construction of the Keystone XL and Line 3 replacement pipelines and repeal oil shipping regulations. The oil & gas industry is a key economic driver in Westman. I know the recovery of the oil & gas sector is vital to ensure the future health of Manitoba and Canada’s economy. The Conservative Caucus will continue to support the hard-working, highly skilled men and women in the oil & gas sector and is urging the government to change course. My Conservative colleagues and I will not relent in our efforts to ensure the long-term recovery of the oil & gas sector, which will be of benefit to Canadians from coast to coast. v

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