ARC ENERGY IDEAS Canada’s Energy Ambition: From Market Hostage to Global Player
Sep 30, 2025
This week, the hosts dive into Canada's energy ambitions and its struggle against becoming a 'market hostage.' Peter emphasizes the need for Canada to elevate its energy strategy, considering geopolitical shifts and economic coercion. They discuss the importance of diversifying export markets and the potential demand in Asia for Canadian oil and gas. The four tiers of national energy ambition—market hostage, competitor, negotiator, and aggressor—are explored in depth, along with the vital role of aligning government and Indigenous interests in achieving these goals.
AI Snips
Chapters
Transcript
Episode notes
Geoeconomics As Economic Warfare
- Geoeconomics means using economic power as a tool to achieve geopolitical aims through tariffs, sanctions and control of routes.
- Peter Tertzakian warns this era feels like a global economic cage match between major powers.
State Capitalism Shapes Industrial Strategy
- State capitalism aligns strategic industries with national policy, not just private profit motives.
- Peter Tertzakian notes the U.S. and China increasingly use industry alignment to project power globally.
Diversify Markets To Reduce Risk
- Diversify customers to reduce concentration risk instead of relying on the U.S. as sole buyer.
- Peter Tertzakian urges intentional market expansion to avoid future coercion and discounts.