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February 21, 2019

Bill C-69 threatens to further depress investment in the natural resources sector and delay projects by unnecessarily exposing them to political risk, says a new report from the C.D. Howe Institute.

The planned investment value of major resource sector projects plunged $100 billion between 2017 and 2018, note Grant Bishop and Grant Sprague, authors of “A Crisis of Our Own Making: Prospects for Major Natural Resource Projects in Canada.” This plunge is equivalent to 4.5 percent of Canada’s gross domestic product.

Grant Bishop
Grant Bishop

Grant Bishop was appointed Associate Director of Research for the C.D. Howe Institute in September 2018.

Grant Sprague
Grant Sprague

Grant Sprague received his LL.B. from the University of Alberta in 1989. He practiced law at an established Edmonton law firm in the area of foreclosures, insolvency and general litigation. Mr.