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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.