Canadian producers urge government to make energy a priority

Canadian producers are urging the federal government to make energy a priority and seize North American market opportunities. The Canadian Association of Petroleum Producers, representing 95% of producers, filed a brief with the federal government outlining actions policymakers could take under a North American market strategy.


By an OGJ Online Correspondent

CALGARY, June 6 -- The Canadian Association of Petroleum Producers has urged the federal government to facilitate energy policies that seize North American market opportunities.

CAPP chairman Raymond Woods said, "To ensure that Canadians benefit from free access to North American markets, the government of Canada must make energy resource development a top national priority,"

CAPP, which represents 95% of producers, said government and industry should focus on market-oriented policies, regulatory effectiveness, industry competitiveness, jobs, technological innovation, and wise energy use.

The brief outlined more than 30 actions policy makers could consider, including streamlining the regulatory process, reducing taxes for energy companies (excluded from government plans to reduce corporate income taxes from 28% to 21% within 5 years), and reviewing policies such as the release of exploration data.

CAPP noted Prime Minister Jean Chretien said in April his government supports policies "that support and sustain a dynamic energy sector."

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