Business Daily Can Canada become an energy superpower?
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Oct 30, 2025 In this discussion, Amanda Stevenson, a Canada energy correspondent at Reuters, examines the challenges and prospects of Canada's energy ambitions. Heather Exner-Perrault from the Macdonald-Laurier Institute advocates for LNG exports, spotlighting their economic benefits and lower greenhouse gas intensity. Deborah Yedlin, President of the Calgary Chamber of Commerce, shares insights on regional economic impacts and job creation. The trio explore the push for energy superpower status while balancing environmental concerns and Indigenous perspectives.
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Canada's New Energy Ambition
- Mark Carney framed Canada as an "unabashed energy superpower" aiming to double non-US exports and boost trade with Asia.
- The plan bundles LNG, nuclear and critical minerals under a major projects office to drive growth.
Leverage LNG For Jobs And Revenue
- Expand LNG production to capture royalties, corporate taxes and high-paying jobs.
- Use foreign investment in LNG as a growth lever for regional economic recovery.
LNG Growth To Reach Asia
- Canada has started LNG exports and plans several more terminals to reach Asian markets.
- New facilities seek long-term Asian contracts to shift exports away from sole dependence on the US.