Suncor Energy Inc. / Suncor Énergie Inc.
Registration:
71
of
96
(2021-10-15
to
2021-10-15)
Grant, Contribution or Other Financial Benefit, Policies or Program
- Discussion on government's commitment to industry’s energy transformation. As an owner and operator of both hydrocarbon and clean energy assets Suncor seeks an understanding of how the federal government will support the industry’s energy transformation. Desired outcome: a clear understanding of what support may constitute, and a clear understanding of the process to access such support, whether financial or non-financial.
- Discussion on the government's commitment to ban fossil fuel subsidies, specifically how fossil fuel subsidies are defined, plans for implementation. Desired outcome: a clear understanding of what this may mean, and an interpretation of what is counted as a "subsidy."
- Generals discussions on the energy transition which may include energy priorities, long-term energy security, infrastructure investment (new projects and retrofits on existing projects) and technology development.
Legislative Proposal, Bill or Resolution, Policies or Program
- Discussion with the federal government on Bill C-15 and its commitment to fully implement the United Nations Declaration on the Rights of Indigenous Peoples, including what this means for regulatory consultation, timelines, and recognition of Suncor's support for Indigenous peoples in the communities we operate. Desired outcome: a clear understanding of how the government intends to implement this legislation.
Legislative Proposal, Bill or Resolution, Regulation
- Discussion with the government on any proposed tax changes, specifically relating to the Income Tax Act and associated regulations. Discussions on existing tax policies (such as investment tax credit) and dispute mechanisms. Desired outcome: an understanding of how the tax code is interpreted and enforced.
Policies or Program
- Discussion with the government on how they will support market access to allow Canadian energy products to get to market. Areas of discussion may include the regulatory approval process, communications with impacted communities, timelines and safety. Desired outcome: government understands the importance of market access and where we can work together to achieve access in a way that is safe and protects the environment.
- Engagement on COVID-19 relief programs, coordination of recovery efforts and regulatory matters, supply and distribution of COVID-19 rapid antigen screens and vaccine availability and distribution. Desired outcome: Suncor can safely continue to provide essential goods and services during the pandemic.
- Raise issues impacting competitiveness and investment in the Canadian oil and gas industry. Desired outcome: leverage Canada’s comparative advantages including industry's investment in technology and innovation to support a transition to a low carbon economy.
Policies or Program, Regulation
- Consultation on Federal/Provincial alignment of greenhouse gas policies, in light of federal government's commitment to implement a Canada-wide greenhouse gas strategy that allows for individual solutions for provinces. Areas of focus will include cost of carbon (including the Clean Fuel Regulation), provincial equivalency, trading and compliance mechanisms.
- Engagement with government to advance a policy and regulatory framework to enable successful closure & reclamation of oil sands mines.