Business
Regulatory reform key to Canada’s energy future

This article supplied by Troy Media.
By Lisa Baiton
Canada has the resources to lead globally in energy, but outdated rules and investment barriers are holding us back
Canada stands at a pivotal moment. A new federal government offers an opportunity to rejuvenate the economy and rethink our approach to natural
resource development.
Prime Minister Mark Carney’s plan to build Canada into the best-performing economy in the Group of Seven (G7) is achievable, as is his ambition to build from this country’s energy resource-rich foundation. This aligns with the oil and natural gas industry’s calls to play to our strengths in responsible energy development and exports. To succeed, we need a clear, practical strategy that reflects the realities of investment capital in today’s
unpredictable global economy.
Canada has all the ingredients to become the next global energy superpower. What’s missing is the right recipe. Over the past decade, a layering of policies has reduced investor confidence and made Canadian projects less attractive than those in other countries. Billions in capital have shifted to places like the United States, Brazil and Norway, where regulatory processes are clearer, faster and more investor-friendly.
It’s time to rebuild investor confidence and demonstrate that Canada is open for business. That begins with overhauling the regulatory and fiscal frameworks that govern major energy projects. Current regulations are too often unpredictable, excessively long and vulnerable to legal challenges. For example, some Canadian energy projects can take seven to 10 years to gain approval, compared to three to five years in competing jurisdictions. Approval timelines must be firm, reliable and competitive. Projects of national significance need clear, coordinated assessments that uphold environmental integrity while respecting the jurisdictional roles of provincial governments and Indigenous communities. And we must take the politics out of the regulatory process.
It also means rethinking carbon policy. The current system—layered with federal and provincial rules and complex compliance requirements— is inefficient and uncertain. It needs to be reviewed and reformed, together with provinces and industry, to ensure it is competitive with policies in other top oil- and natural gas-producing nations. A model tailored to regional realities and industrial needs, and one that respects provincial jurisdiction, could restore both flexibility and investor confidence. A national policy should drive investment into emissions reduction, not through
production caps, but by simplifying regulation, creating an attractive fiscal environment and protecting export industries while enabling innovation and growth
Let’s be clear: this is not a call to abandon climate goals or environmental commitments. Canadians care deeply about the environment. But they also care about job security, affordable living and Canada’s place in a rapidly evolving global economy. These values are not in conflict. In fact, the Canadian way—our high standards, our innovation, our sense of fairness—can show the world a model of responsible oil and natural gas development.
We must also ensure Indigenous communities are true partners in growth. Expanding Indigenous loan guarantees at scale will help create infrastructure ownership opportunities that generate long-term prosperity. These guarantees enable First Nations to access affordable financing to invest in projects like pipelines and power generation. But such programs will only succeed if Canada is seen as a competitive place to invest. That foundation must come first.
The mood across Canada has shifted. There is broad public support for oil and natural gas development, not just because of the jobs and revenue, but because Canadians understand the role energy plays in our national and economic sovereignty. Recent polling shows most Canadians believe energy development and climate action can go hand in hand, especially when projects support economic growth.
Amid growing instability in the United States—Canada’s biggest competitor for capital—we have a chance to stand out as a stable and trusted economic partner. But this window of opportunity won’t stay open for long.
We must act decisively. That includes eliminating unnecessary barriers such as production caps and embracing investment in technologies that reduce emissions while growing output.
Canadians are ready. Industry is ready. The time has come to build.
Lisa Baiton is President and CEO of the Canadian Association of Petroleum Producers.
Troy Media empowers Canadian community news outlets by providing independent, insightful analysis and commentary. Our mission is to support local media in helping Canadians stay informed and engaged by delivering reliable content that strengthens community connections and deepens understanding across the country
Business
EU investigates major pornographic site over failure to protect children

From LifeSiteNews
Pornhub has taken down 91% of its images and videos and a huge portion of the last 9% will be gone by June 30 because it never verified the age or consent of those in the videos.
Despite an aggressive PR operation to persuade lawmakers that they have reformed, Pornhub is having a very bad year.
On May 29, it was reported that the European Commission is investigating the pornography giant and three other sites for failing to verify the ages of users.
The investigation, which comes after a letter sent to the companies last June asking what measures they have taken to protect minors, is being carried out under the Digital Services Act. The DSA came into effect in November 2022 and directs platforms to ensure “appropriate and proportionate measures to ensure a high level of privacy, safety, and security of minors, on their service” and implement “targeted measures to protect the rights of the child, including age verification and parental control tools, tools aimed at helping minors signal abuse or obtain support, as appropriate.”
According to France24: “The commission, the EU’s tech regulator, accused the platforms of not having ‘appropriate; age verification tools to prevent children from being exposed to pornography. An AFP correspondent only had to click a button on Tuesday stating they were older than 18 without any further checks to gain access to each of the four platforms.”
Indeed, Pornhub’s alleged safety mechanisms are a sick joke, and Pornhub executives have often revealed the real reason behind their opposition to safeguards: It limits their traffic.
Meanwhile, Pornhub — and other sites owned by parent company Aylo — are blocking their content in France in response to a new age verification law that came into effect on June 7. Solomon Friedman, Aylo’s point man in the Pornhub propaganda war, stated that the French law was “potentially privacy infringing” and “dangerous,” earning a scathing rebuke from France’s deputy minister for digital technology Clara Chappaz.
“We’re not stigmatizing adults who want to consume this content, but we mustn’t do so at the expense of protecting our children,” she said, adding later, “Lying when one does not want to comply with the law and holding others hostage is unacceptable. If Aylo would rather leave France than apply our law, they are free to do so.” According to the French media regulator Arcom, 2.3 million French minors visit pornographic sites every month.
Incidentally, anti-Pornhub activist Laila Mickelwait reported another major breakthrough on June 7. “P*rnhub is deleting much of what’s left of the of the site by June 30,” she wrote on X. “Together we have collectively forced this sex trafficking and rape crime scene to take down 91% of the entire site, totaling 50+ million videos and images. Now a significant portion of the remaining 9% will be GONE this month in what will be the second biggest takedown of P*rnhub content since December 2020.”
“The reason for the mass deletion is that they never verified the age or consent of the individuals depicted in the images and videos, and therefore the site is still awash with real sexual crime,” she added. “Since the fight began in 2020, 91% of P*rnhub has been taken down — over 50 million images and videos. Now a huge portion of the last 9% will be gone by June 30 because P*rnhub never verified the age or consent of those in the videos and the site is a crime scene.”
Mickelwait has long called for the shutdown of Pornhub and the prosecution of those involved in its operation. This second mass deletion of content, as welcome as it is, reeks of a desperate attempt to eliminate the evidence of Pornhub’s crimes.
Business
Natural gas pipeline ownership spreads across 36 First Nations in B.C.

Chief David Jimmie is president of Stonlasec8 and Chief of Squiala First Nation in B.C. He also chairs the Western Indigenous Pipeline Group. Photo courtesy Western Indigenous Pipeline Group
From the Canadian Energy Centre
Stonlasec8 agreement is Canada’s first federal Indigenous loan guarantee
The first federally backed Indigenous loan guarantee paves the way for increased prosperity for 36 First Nations communities in British Columbia.
In May, Canada Development Investment Corporation (CDEV) announced a $400 million backstop for the consortium to jointly purchase 12.5 per cent ownership of Enbridge’s Westcoast natural gas pipeline system for $712 million.
In the works for two years, the deal redefines long-standing relationships around a pipeline that has been in operation for generations.
“For 65 years, there’s never been an opportunity or a conversation about participating in an asset that’s come through the territory,” said Chief David Jimmie of the Squiala First Nation near Vancouver, B.C.
“We now have an opportunity to have our Nation’s voices heard directly when we have concerns and our partners are willing to listen.”
Jimmie chairs the Stonlasec8 Indigenous Alliance, which represents the communities buying into the Enbridge system.
The name Stonlasec8 reflects the different regions represented in the agreement, he said.
The Westcoast pipeline stretches more than 2,900 kilometres from northeast B.C. near the Alberta border to the Canada-U.S. border near Bellingham, Wash., running through the middle of the province.

It delivers up to 3.6 billion cubic feet per day of natural gas throughout B.C. and the Lower Mainland, Alberta and the U.S. Pacific Northwest.
“While we see the benefits back to communities, we are still reminded of our responsibility to the land, air and water so it is important to think of reinvestment opportunities in alternative energy sources and how we can offset the carbon footprint,” Jimmie said.
He also chairs the Western Indigenous Pipeline Group (WIPG), a coalition of First Nations communities working in partnership with Pembina Pipeline to secure an ownership stake in the newly expanded Trans Mountain pipeline system.
There is overlap between the communities in the two groups, he said.
CDEV vice-president Sébastien Labelle said provincial models such as the Alberta Indigenous Opportunities Corporation (AIOC) and Ontario’s Indigenous Opportunities Financing Program helped bring the federal government’s version of the loan guarantee to life.
“It’s not a new idea. Alberta started it before us, and Ontario,” Labelle said.
“We hired some of the same advisors AIOC hired because we want to make sure we are aligned with the market. We didn’t want to start something completely new.”
Broadly, Jimmie said the Stonlasec8 agreement will provide sustained funding for investments like housing, infrastructure, environmental stewardship and cultural preservation. But it’s up to the individual communities how to spend the ongoing proceeds.
The long-term cash injections from owning equity stakes of major projects can provide benefits that traditional funding agreements with the federal government do not, he said.
Labelle said the goal is to ensure Indigenous communities benefit from projects on their traditional territories.
“There’s a lot of intangible, indirect things that I think are hugely important from an economic perspective,” he said.
“You are improving the relationship with pipeline companies, you are improving social license to do projects like this.”
Jimmie stressed the impact the collaborative atmosphere of the negotiations had on the success of the Stonlasec8 agreement.
“It takes true collaboration to reach a successful partnership, which doesn’t always happen. And from the Nation representation, the sophistication of the group was one of the best I’ve ever worked with.”
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