Janaka Ruwanpura: Canada cannot afford another decade of delays on major projects |
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Janaka Ruwanpura: Canada cannot afford another decade of delays on major projects
Ottawa’s push for faster project approvals is a necessary step to rebuild competitiveness and energy security without weakening standards
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The federal government has proposed legislative changes to streamline the review process for major project approvals and to target a one-year federal review timeline. This is a necessary and overdue step for the country, especially for Alberta.
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For too long, Canada has struggled with a regulatory system that has become slow, fragmented, unpredictable and duplicative. Major energy, infrastructure, mining, transportation and industrial projects often spend years navigating overlapping federal and provincial reviews, shifting requirements and prolonged uncertainty. While rigorous environmental oversight is essential, the current system has too often caused delays without delivering better outcomes.
Janaka Ruwanpura: Canada cannot afford another decade of delays on major projects Back to video
The result has been clear: weakened investor confidence, declining competitiveness and missed opportunities in critical sectors have undermined Canada’s long-term economic resilience and energy security.
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