The Loonie Hour

Is Canada on the Verge of a Commodities Boom? - w/ guest Heather Exner-Pirot

34 snips
Dec 5, 2025
Heather Exner-Pirot, a renowned policy researcher specializing in Canadian energy and natural resources, joins the discussion to unpack Canada's potential commodities boom. She dives into the implications of the Alberta MOU, highlighting its promise for investors and the cautious optimism it brings. Heather also explores pipeline expansions, the challenges of carbon capture costs, and the pressing need for policy reforms to enhance BC's competitiveness in exports. With an eye on the future, she shares a bullish outlook for Canada's resource sectors, especially in mining and LNG.
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INSIGHT

MOU Changes Open The Door To Investment

  • The Alberta–federal MOU signals a major policy shift that can unlock investment in energy and resources.
  • Heather Exner-Pirot says removal of constraints like the emissions cap and clean electricity rules will attract near-term projects.
ADVICE

Act Quickly On Clean Power Opportunities

  • Build clean electricity capacity now to capture AI and data-center investment that was previously off-limits.
  • Heather warns that lifting net-zero-by-2025 constraints makes Alberta immediately competitive for large power projects.
INSIGHT

Emissions Cap Removal Spurs Near-Term Growth

  • Removing the emissions cap changes immediate industry incentives and allows production growth for several years.
  • Heather notes pipeline expansions announced by Enbridge and Trans Mountain act like new egress capacity today.
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