Calgary, June 2, 2025 – Canadian Prime Minister Mark Carney met with oil and gas industry leaders in Calgary, signaling a cooperative tone in Canada’s energy transition strategy. The high-level discussions focused on integrating traditional energy sectors into Canada’s future economic vision, especially in the context of climate goals and global competitiveness.
Carney emphasized the importance of working with rather than against oil and gas companies, acknowledging their role in powering the Canadian economy while also urging innovation and commitment to emissions reductions.
“We need to be pragmatic and future-focused,” Carney said, stressing that Canada’s economic and environmental future are intertwined. He proposed collaborative models that leverage both private investment and government support to accelerate the development of clean technologies and carbon capture solutions.
Industry executives expressed cautious optimism, noting Carney’s willingness to engage rather than regulate from a distance. The meeting is seen as a shift in tone from previous federal approaches, which had often led to tension between Ottawa and Alberta’s energy sector.
Carney also underlined the role of energy companies in helping Canada build strategic infrastructure and attract international investments, especially as global markets evolve toward net-zero targets.
