Liberal Leader Mark Carney and Conservative Leader Pierre Poilievre are offering similar sounding energy development plans that would fast-track regulatory processes and create energy corridors to develop natural resource projects.
But some industry analysts and observers, while applauding the directions that both leaders are taking, are cautioning that their proposals may face significant challenges.
“It’s great to see that improving regulatory systems for major projects is on the agenda, but both approaches … raised some pretty big questions for me about how that would actually work in practice,” said Monica Gattinger, chair of the University of Ottawa’s positive energy program.
Both Poilievre and Carney said their plans would help reduce reliance on the U.S, particularly in the wake of the tariffs imposed by U.S. President Donald Trump.
To that end, Carney said he wants to cut wait times for the approval processes for major resource projects from five years to two. Poilievre’s Conservatives have promised a one-year maximum …