Cenovus CEO shreds Carney's industrial carbon tax, development delays
During Cenovus Energy’s first-quarter conference call, Cenovus CEO Jon McKenzie argued that Canada’s political class has spent years fixating on emissions targets.
Cenovus CEO Jon McKenzie is sounding the alarm over what he says is Canada’s self-inflicted energy crisis, accusing Ottawa of driving away investment and weakening one of the country’s greatest economic advantages through burdensome climate policies and regulatory delays.
During Cenovus Energy’s first-quarter conference call, McKenzie argued that Canada’s political class has spent years fixating on emissions targets while ignoring the broader economic benefits of oil sands development.
