Bryan Brulotte: Europe wants our energy. Ottawa must act now
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Bryan Brulotte: Europe wants our energy. Ottawa must act now
Europe is signing long-term LNG deals for reliable supply. Ottawa must build now to unlock tens of billions in exports
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In a 2022 news conference, former Prime Minister Justin Trudeau said there wasn’t a clear business case for building liquified natural gas (LNG) terminals to export to Europe. This past week, Mark Carney suggested in a media interview that the first thing European authorities are interested in when they sit down with Canada is not our energy. He went on to say that energy is something Canada raises as being part of the solution in respect to nuclear and LNG.
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Yet international agendas are typically coordinated well in advance. It is difficult to ignore the possibility that the Liberal Government, facing a politically sensitive domestic debate over pipelines and LNG development, may prefer not to place energy security at the centre of these public discussions. That does not change the underlying reality. Europe continues to require large, reliable long-term energy supplies, and Canada is well-positioned to help meet that demand. What is missing is not demand. It is Canadian execution.
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