Suncor Energy doesn’t want to expand in Canada until there’s hard proof pipelines will be built in Canada says CEO Steve Williams.
Williams says he wants to see progress on the ground before they decide to expand production for more crude in Fort Hills by 2020.
“You will not see us approve those projects until we have more clarity on pipelines,” he said. “I would want to see actual, physical progress on the ground before I would commit.” he said on Wednesday as he made statements at Barclays CEO Energy-Power Conference.
“There is clearly a question of confidence in Canada,” he added.
Last week a Federal Court of Appeals overturned the Federal Government’s approval of the Kinder Morgan pipeline project which would have created 8,000 jobs.
All those jobs are not only gone, but so is Justin Trudeau’s willingness to fight for them.
Trudeau told reporters in Edmonton he will file an appeal for the Courts decision sometime within the deadline, he also told CHED radio station he will not use ‘legislative tricks’ to fight for the decision.
Legislative tricks are normally used by governments to try and overrule court decisions or speed up conclusions between the legal system and government.
Note to readers: The title was updated after confirmation to “Suncor to halt crude expansion approvals, CEO says there is clearly a question of confidence in Canada.” The previous headline was wrong and read “Suncor to halt crude production, CEO says there is clearly a question of confidence in Canada”
Emmy Skylar started working for Debate Report in 2017. Emmy grew up in a small town in northern Manitoba. But moved to Ontario for university. Before joining Debate Report, Emmy briefly worked as a freelance journalist for CBC News. She covers politics and the economy.