The Future of Canada's Energy Industry

The Government of Alberta is laying out its plans to diversify and grow the province’s energy industry. The goal is to position the sector for responsible energy development in a post-pandemic world. Major announcements have been made and there are more to come in the fall of 2020 and early 2021.

The Bennett Jones New Energy Economy Series focuses on the future of Canada's energy industry and will look at key developments at the provincial and federal levels and what they mean for businesses and investors.

Key Contacts

The Power of Now in Canada's Energy Industry

December 22, 2020

It is an exciting time in the Canadian energy industry, but also a pivotal one. We need to maximize the value of our current energy resources, and continue to develop new lower-carbon sources that customers want to buy, to help drive growth and to make our economy more resilient and diversified.

Canada's Hydrogen Strategy

December 17, 2020

Following its recent announcement of A Healthy Environment and a Healthy Economy, an accelerated climate plan for Canada, the Government of Canada released the Hydrogen Strategy for Canada: Seizing the Opportunities for Hydrogen on December 16, 2020. The Strategy seeks to galvanize Canadian production, use, and export of clean hydrogen as an important element in reducing carbon emissions to net zero by 2050, while maintaining Canada's role as a leading global energy player.

Alberta's Industrial Heartland as Canada's Potential First Hydrogen Node

November 23, 2020

Alberta's Industrial Heartland is well-positioned to play a foundational role in developing Canada's hydrogen economy.

Alberta's APIP Aiming the Province to Petrochemical Facility Leadership

November 04, 2020

With the newly announced Alberta Petrochemicals Incentive Program (APIP), the Alberta government intends to attract $30 billion in new investments by 2030. 

Alberta Introduces New Legislation to Lay the Groundwork for Geothermal Resource Development

October 28, 2020

Following the release of Alberta's Recovery Plan, which included plans to diversify Alberta's economy and develop a new energy strategy, the Alberta government has made a series of announcements on plans to develop strategies and regulations to assist in the diversification of the province's energy industry. After its announcement on October 7, 2020, to develop a geothermal strategy, the Honourable Sonya Savage, the Minister of Energy, introduced Bill 36, Geothermal Resource Development Act, on October 20. When enacted, Alberta will be the second province in Canada after British Columbia to have geothermal-specific legislation.

Alberta's Natural Gas Vision and Strategy

October 21, 2020

The Government of Alberta is laying out its plans to diversify and grow the province’s energy industry. The goal is to position the sector for responsible energy development in a post-pandemic world. Major announcements have been made and there are more to come in the fall of 2020 and early 2021. This is the first in Bennett Jones' New Energy Economy Series on the future of Canada's energy industry. We will look at key developments at the provincial and federal levels and what they mean for businesses and investors.

Energy