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Canadian Association of Petroleum Producers (CAPP) statement on the Canadian federal election and offer of congratulations to Prime Minister Mark Carney

April 29, 20251:25 PM BOE Report Staff

“The Canadian Association of Petroleum Producers (CAPP) congratulates Prime Minister Mark Carney and all the newly elected and returning Members of Parliament.

A new federal government offers an opportunity to rejuvenate Canada’s economy and its approach to natural resource development. CAPP was encouraged throughout this election by the tone set by the two leading parties on the importance of oil and natural gas to the country’s economy and national security.

Canada stands at a pivotal moment in its history—caught in a trade war with our closest trading partner and facing direct challenges to our sovereignty from the President of the United States. With the global economic uncertainty being caused by actions in the United States, Canada has an opportunity to stand out as a stable, trusted trading partner.

Canada’s oil and natural gas industry is ready to work with Prime Minister Carney to support his goal of making Canada a global energy superpower. Developing our world-class oil and natural gas resources to their full potential by growing our exports to international markets will strengthen our energy security and economic sovereignty. And we can develop our resources the Canadian way—with innovation, respect for the environment, and in partnership with Indigenous communities.

We look forward to working with the new federal government. A strong oil and natural gas industry can be a key partner in growing the economy, delivering affordable and secure energy, and creating meaningful opportunities for all Canadians.”

  • Lisa Baiton, CAPP President and CEO

For further information, see CAPP’s recently released 2025 Energy Policy Platform outlining seven steps the government of Canada should take to unleash our energy advantage, here.

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