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Restricting Development:

Blaine Mitton • May 06, 2020
This Liberal Government has restricted Investment and Development in the Fossil Fuel Industry, shutting in the industry and its necessary pipelines to move crude oil to market.
In the oil sands, our very own Canadian oil sands, we have the 3rd largest proven crude oil reserve in the world, behind only Saudi Arabia and Venezuela.
Every person in Canada, and Every province and territory in Canada has benefitted tremendously, whether directly, indirectly or both from our oil sands development.
Over the next 25 years the oil sands has the potential to generate over $1.5 TRILLION in federal and provincial taxes and royalties. There is the potential for well over 500,000 direct and indirect jobs.
Provincial Governments have restricted Residential Construction, through Regulation and the Zoning Approval Process, which can take up to 7 years. And who can risk capital for that length of time.
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