Quote:
Originally Posted by Regorium
None of the complaints are about the technical capabilities of the NEB, nor its mandate.
If you want to expand the NEB's mandate to include first nation consultations, respecting Canada's emissions targets and all that stuff, that's purely politics.
The churn at the NEB is not because the NEB is incapable. It's because noone (including at the NEB) knows what Trudeau and the public want from them.
Edit: My main beef is the characterization that the NEB is in chaos. They're not. They've been the same that they've always been, whether it's under Chretien, Harper, or Trudeau. The difference is the general public.
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Agreed for the most part. And to be clear, I'm not pointing fingers at the NEB as the source of instability. They can only work within their mandate, and in my opinion are quite professional in doing so.
I should have defined "regulatory regime" more clearly, my apologies.
In my mind the regulatory regime in Canada has grown to encompass not only the actual regulators (NEB / AER / etc.), but the whims of whichever political party currently holds office federally or provincially. Maybe a more elegant term to describe the combined process to get a major project approved is necessary.
We have clearly jumped the shark in Canada on national energy projects. There is no longer a rational debate being had. It is one side yelling at the top of its lungs, while the other tries to play within the rules (which keep changing).
Completely understandable that businesses looking to allocate easily transferable capital resources are choosing to do so in jurisdictions that make doing business far simpler.