Streamlining the review process for major economic projects
As the 21st century unfolds, it is increasingly clear that Canada’s energy and natural resources are massive assets to our country in the global economy. The oil and gas, mining, and forestry sectors directly employ more than three-quarters of a million Canadians. They are driving economic growth across the country. They are creating good jobs not only directly but also indirectly, in manufacturing, clerical work, skilled trades, and financial services.
Canada’s resource industries offer huge potential to create even more jobs and growth, now and over the next generation. This potential exists in every region of the country—natural gas in British Columbia, oil and minerals on the Prairies, the Ring of Fire in Ontario, Plan Nord in Quebec, hydro power in Atlantic Canada, and mining in Canada’s North.
Recently it has become clear that we must develop new export markets for Canada’s energy and natural resources, to reduce our dependence on markets in the United States. The booming economies of the Asia-Pacific region are a huge and increasing source of demand, but Canada is not the only country to which they can turn. If we fail to act now, this historic window of opportunity will close.
We will implement responsible resource development and smart regulation for major economic projects, respecting provincial jurisdiction and maintaining the highest standards of environmental protection. We will streamline the review process for such projects, according to the following principle: one project, one review, completed in a clearly defined time period. We will ensure that Canada has the infrastructure we need to move our exports to new markets.
Beyond this, we will build on our very effective partnership with the Canadian Federation of Independent Business, to continue reducing red tape across government. Our goal is to allow businesses to focus on what they do best—creating jobs and opportunity, from coast to coast to coast.