• Sign up for the Daily Digest E-mail
  • X
  • LinkedIn
  • See more results

    Generic selectors
    Exact matches only
    Search in title
    Search in content
    Post Type Selectors

BOE Report

Sign up

See more results

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
  • Home
  • StackDX Intel
  • Headlines
    • Latest Headlines
    • Featured Companies
    • Columns
    • Discussions
  • Well Activity
    • Well Licences
    • Well Activity Map
  • Property Listings
  • Land Sales
  • M&A Activity
    • M&A Database
    • AER Transfers
  • Markets
  • Rig Counts/Data
    • CAOEC Rig Count
    • Baker Hughes Rig Count
    • USA Rig Count
    • Data
      • Canada Oil Market Data
      • Canada NG Market Data
      • USA Market Data
      • Data Downloads
  • Jobs

Oilsands execs say a ‘just transition’ isn’t a worry — it’s their next big ‘boom’

January 18, 202311:03 AM The Canadian Press0 Comments

Drilling rig in winter with pump jacks in background.

OTTAWA – The CEOs of some of the biggest oilsands companies in Alberta say transitioning their workforce for a net-zero emissions future isn’t about cutting jobs, but is about creating them.

Cenovus CEO Alex Pourbaix says the consortium of oilsands behind an alliance to decarbonize their companies estimates that reaching their goal of net-zero emissions by 2050 will create 35,000 jobs.

Derek Evans, CEO of MEG Energy, says he is actually worried that Canada doesn’t have the labour force needed to get the decarbonizing job done.

Their comments in an interview with The Canadian Press this week come as Alberta Premier Danielle Smith is pushing back against Ottawa’s plans to introduce “just transition” legislation to oversee the move to cut carbon emissions from industry.

Smith jumped on reports this week that a federal memo suggested millions of jobs will be lost in the transition, but the memo actually referred to the number of jobs that currently exist in industries that could be affected by decarbonization.

The Liberals have promised such legislation for more than three years and are expected to introduce it in the House of Commons sometime this year.

Cenovus MEG Energy

Follow BOE Report
  • Facebook
  • X
  • LinkedIn

Sign up for the BOE Report Daily Digest E-mail

Successfully subscribed

Latest Headlines
  • Iran will halt attacks as long as US maintains pause, Iranian source says after Trump calls off strikes
  • Five things to watch for in the Canadian business world in the coming week
  • Iran war spreads to Red Sea and Caspian, Gulf quiet as US forgoes strikes
  • Missiles targeting Saudi oil refineries shot down, sources say
  • Kuwait’s KPC signs $16 billion lease and leaseback deal for oil pipeline network

Return to Home
Alberta GasMonthly Avg.
CAD/GJ
Market Data by TradingView

    Report Error







    Note: The page you are currently on will be sent with your report. If this report is about a different page, please specify.

    About
    • About BOEReport.com
    • In the News
    • Terms of Use
    • Privacy Policy
    • Editorial Policy
    Resources
    • Widgets
    • Notifications
    • Daily Digest E-mail
    Get In Touch
    • Advertise
    • Post a Job
    • Contact
    • Report Error
    StackDX
    • BOE Report Jobs
    • StackDX Intel
    © 2026 Stack Technologies Ltd.