Investment in Canada's oil and gas industry is expected to fall again this year as higher taxes and regulatory uncertainty persuade investors to spend elsewhere, says the head of a group that represents Canada's oil and gas industry. "We need some urgent action, now," said Tim McMillan, CEO of the Canadian Association of Petroleum Producers, citing in particular recently reduced corporate taxes and regulatory burden by the U.S. under President Donald ...
02-27-2018, 04:11 AM
Energy lobby says Canada losing out to U.S.
Investment in Canada's oil and gas industry is expected to fall again this year as higher taxes and regulatory uncertainty persuade investors to spend elsewhere, says the head of a group that represents Canada's oil and gas industry. "We need some urgent action, now," said Tim McMillan, CEO of the Canadian Association of Petroleum Producers, citing in particular recently reduced corporate taxes and regulatory burden by the U.S. under President Donald ...
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