Trump’s vow to soon ramp up production in U.S. raises concern in Canada’s oilpatch
CALGARY — U.S. president-elect Donald Trump’s promise to ramp up energy production soon after he takes office is raising concern in Alberta’s oilpatch, where several industry groups say such a move could set Canada back in its ability to compete for investment.
In a video posted Monday on YouTube, Trump committed to cancelling “job-killing restrictions on the production of American energy, including shale energy and clean coal” within his first 100 days of power.
While his message lacked specifics, it has caught the attention of oil and gas groups north of the border.
“What we saw last night, I think, was a reaffirmation that the new administration wants to make energy a centrepiece of the economic rejuvenation of the U.S.,” said Tim McMillan, president of the Canadian Association of Petroleum Producers.