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Oil Sands

Updated on August 1, 2015
conservative-logondp2-logoliberal-logogreen-logo

  • Supports the exploration and exploitation of oil sands (1)

  • Has not imposed greenhouse gas (GNG) regulations on the oil sands, stating that GNG regulations on the oil sands will only be enacted in unison with the United States (2)

  • Supports foreign investment in Canadian Oil Sands, and approved the Nexen purchase by CNOOC International Ltd, a Chinese oil company, in 2013 (4, 5)

  • Placed greater restrictions on foreign takeovers in the oil sands after the Nexen purchase, particularly those owned by state enterprises (16)

  • Launched a multimillion dollar ad campaign to promote foreign investment into Canadian oil sands (6)


  • Supports oil sands development but prefers to work with provinces to refine more oil in Canada rather than export it (11, 17)

  • Holds that if the federal government did more to enforce existing environmental legislation, polluting companies would pay more for those impacts, which would bring down the dollar and help stabilize the economy (10)

  • Proposes to cap the level of greenhouse gas emissions to reduce the overall limit over time, while not discussing regulations specific to the oil sands (13)

  • Is critical of the CNOOC/Nexen purchase and maintains that foreign investment in the Canadian oil and gas sector has not had enough oversight (12)


  • Supports oil sands development but criticizes the lack of emissions and environmental regulation (7)

  • Believes the Conservative government has failed the oil industry by giving its critics ammunition to attack its environmental performance (7,9)

  • Will adopt a national climate policy, in collaboration with provinces, to target consumers and industry to help limit greenhouse gas emissions including the oil sands (8)

  • Supports foreign investment in the oil sands (16)


  • Opposes expansion of oil sands development (16)

  • Proposes a climate action plan, including a federal Carbon Fee and Dividend System, with the intention of making the fossil fuel sector, and specifically the oil sands, less financially viable for producers and consumers (14)

  • Believes that by 2100, Canada’s bitumen production should be going to petrochemical products, not fuel (15)

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References

  1. Conservative Policy Book
  2. The Globe and Mail
  3. The Globe and Mail
  4. Financial Post
  5. The Globe and Mail
  6. The Toronto Star
  7. The National Post
  8. The National Post
  9. The Globe and Mail
  10. The National Post
  11. NDP website
  12. Financial Post
  13. NDP website
  14. Green Party website
  15. Green Party website
  16. Bloomberg
  17. The Toronto Star
Posted in The Economy and Environment | Tagged fed2015
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