Opinion: We’re mayors. Faster project approvals are critical for our cities
financialpost.com ∙ 21 hours ago
Top line
Mayors of Sarnia and St. John's urge the federal government to fast-track regulatory reforms to prevent capital flight and restore economic stability in Canadian industrial communities.
Summary
Mayors Mike Bradley of Sarnia and Danny Breen of St. John's advocate for urgent reforms to Canada’s regulatory approval process, arguing that the current, inefficient system is driving industrial investment to the United States. Highlighting the economic toll on their respective cities, they contend that prolonged approval timelines do not necessarily correlate with higher environmental or social standards. Instead, they endorse the federal government’s proposed streamlining measures—such as concurrent reviews, single project decisions, and consolidated authority—as essential steps to maintain Canada’s economic foundation and project feasibility. The authors emphasize that these reforms are necessary to provide the investment certainty required to keep their communities competitive and thriving.
Highlights
Mayors Mike Bradley of Sarnia, Ontario, and Danny Breen of St. John's, Newfoundland and Labrador, argue that Canada's current project approval process is driving away critical investment.
Investors are frequently bypassing Canada in favor of the United States due to the lengthy and unpredictable nature of the Canadian regulatory system.
Sarnia, an energy hub with 26 pipelines, faces direct competition from neighboring Michigan, causing lost contracts and the emigration of skilled tradespeople.
St. John's energy sector experiences unresolved uncertainty even after completing federal reviews, which the authors deem unacceptable for local industry.
The authors support the federal government's proposed reforms to streamline legislation and processes for major project approvals.
Key proposed changes include a one-year limit for impact assessments and permit reviews, moving from sequential to concurrent processing.
The reforms advocate for single project decisions and the assignment of authority to the regulatory body with the most relevant expertise.
The mayors argue that an efficient process is not inherently less rigorous or less protective of environmental and social standards than a slow one.
They reject the notion that current multi-year approval timelines are necessary to protect the environment or advance Indigenous reconciliation.
The authors urge the federal government to remain committed to these structural reforms despite facing political pushback.
The economic stability of local communities is described as being at risk due to the erosion caused by excessive regulatory delays.
Related
Opinion: We’re mayors. Faster project approvals are critical for our cities
financialpost.com ∙ 21 hours ago
Top line
Mayors of Sarnia and St. John's urge the federal government to fast-track regulatory reforms to prevent capital flight and restore economic stability in Canadian industrial communities.
Summary
Mayors Mike Bradley of Sarnia and Danny Breen of St. John's advocate for urgent reforms to Canada’s regulatory approval process, arguing that the current, inefficient system is driving industrial investment to the United States. Highlighting the economic toll on their respective cities, they contend that prolonged approval timelines do not necessarily correlate with higher environmental or social standards. Instead, they endorse the federal government’s proposed streamlining measures—such as concurrent reviews, single project decisions, and consolidated authority—as essential steps to maintain Canada’s economic foundation and project feasibility. The authors emphasize that these reforms are necessary to provide the investment certainty required to keep their communities competitive and thriving.
Highlights
Mayors Mike Bradley of Sarnia, Ontario, and Danny Breen of St. John's, Newfoundland and Labrador, argue that Canada's current project approval process is driving away critical investment.
Investors are frequently bypassing Canada in favor of the United States due to the lengthy and unpredictable nature of the Canadian regulatory system.
Sarnia, an energy hub with 26 pipelines, faces direct competition from neighboring Michigan, causing lost contracts and the emigration of skilled tradespeople.
St. John's energy sector experiences unresolved uncertainty even after completing federal reviews, which the authors deem unacceptable for local industry.
The authors support the federal government's proposed reforms to streamline legislation and processes for major project approvals.
Key proposed changes include a one-year limit for impact assessments and permit reviews, moving from sequential to concurrent processing.
The reforms advocate for single project decisions and the assignment of authority to the regulatory body with the most relevant expertise.
The mayors argue that an efficient process is not inherently less rigorous or less protective of environmental and social standards than a slow one.
They reject the notion that current multi-year approval timelines are necessary to protect the environment or advance Indigenous reconciliation.
The authors urge the federal government to remain committed to these structural reforms despite facing political pushback.
The economic stability of local communities is described as being at risk due to the erosion caused by excessive regulatory delays.