June 07, 2026 to June 13, 2026

This is Queen Street Analytics' weekly digest of regulatory developments, legislative discussions and other government-related news concerning oil and gas production, wells, drilling, petroleum and fuels refining, pipelines, LNG, hydrocarbons, and all Landman fans. Once a week, we break down the most important updates in this space in under five minutes.

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📋 In This Week's Newsletter

• 🏛️ This Week's Parliamentary Calendar
• 🇨🇦 Federal Government News
• 🗺️ Provincial Government News
• 💬 Government Consultations
• 📚 What We're Reading This Week

This Week's Parliamentary Calendar

• House Committee on Natural Resources to examine Canada’s electrification and domestic energy security: The House of Commons Natural Resources Committee will meet on June 16 from 11:00 a.m. to 1:00 p.m. to discuss electrification and domestic energy security, with witnesses from the Canadian Fuels Association, Electro-Federation Canada, and Resource Works Society.
• House Committee on Environment reviews Bill C-244: Amendments to CEPA and Wrecked, Abandoned or Hazardous Vessels Act: The Environment and Sustainable Development Committee will hold a meeting on Bill C-244 on June 16 from 3:30 p.m. to 5:30 p.m., hearing from MP Patrick Weiler and senior officials.
• Senate Committee on Energy, the Environment and Natural Resources (June 16): The Senate committee will meet in camera on June 16, 6:30 p.m., to discuss Newfoundland and Labrador’s offshore petroleum industry and review a draft report.
• Senate Committee on Energy, the Environment and Natural Resources (June 18): A second in camera session on Newfoundland and Labrador’s offshore petroleum industry is set for June 18 at 8:00 a.m. at the Senate of Canada Building.

Federal Government News

Canada launches its first national geothermal energy roadmap

Natural Resources Canada has allocated $468,000 through its Energy Innovation Program to the Canadian Deep Geothermal Coalition (CDGC) to develop Canada's first national roadmap for deep geothermal energy. The project aims to identify technology opportunities, research and development priorities, and investment pathways to advance geothermal development across the country. CDGC is coordinating the effort with Cascade Institute acting as Secretariat. The roadmap seeks to leverage Canadian drilling and subsurface engineering expertise, positioning Canada for next-generation geothermal projects and associated employment opportunities. The initiative is expected to outline how conventional and advanced geothermal systems can contribute reliable, affordable energy, supporting energy security and stable long-term costs.

Sources: www.canada.ca

Federal government introduces targeted loan support for Canadian airlines amid jet fuel price volatility

The Department of Finance Canada has temporarily waived the federal fuel excise tax for aviation fuel from April 20 to September 7, 2026, amounting to a 4 cent per litre reduction. On June 8, Minister François-Philippe Champagne announced a new 'Liquidity for Airline Sector Resilience' facility through the Canada Enterprise Emergency Funding Corporation, providing up to $150 million in repayable loans to airlines experiencing exceptional costs from jet fuel price spikes. Qualification for loans will depend on the magnitude of jet fuel price increases and each airline's consumption levels. Conditions for recipients include a commitment to maintain Canadian operations, restrict executive compensation and dividends, and 'Buy Canadian' requirements.

Sources: www.canada.ca

IEA’s Global Conference on Energy Efficiency to be held in Montreal

Natural Resources Minister Tim Hodgson and Environment Minister Julie Dabrusin will host the 11th Annual International Energy Agency Global Conference on Energy Efficiency in Montreal on June 29-30, with the participation of IEA Executive Director Dr. Fatih Birol and Hydro-Québec. Accredited media are required to register by June 22. The conference is set to convene global experts to examine policy and business strategies for improved energy efficiency.

Sources: www.canada.ca

Minister Hodgson to deliver keynote at the 2026 Global Energy Show

Minister of Energy and Natural Resources Tim Hodgson will address the 2026 Global Energy Show in Calgary on June 9 at 10:30 a.m. MT. The keynote, open to registered media, is positioned as a forum for presenting federal perspectives relevant to Canadian and international energy stakeholders.

Sources: www.canada.ca

StatsCan releases updated 2025 Infrastructure Economic Account data

Statistics Canada released revised figures for the 2025 Infrastructure Economic Account, updating investment, remaining service life, and economic and environmental impacts. The revised data align with Q1 2026 Income and Expenditure Accounts, offering updated inputs for sectoral planning and policy analysis.

Sources: www.statcan.gc.ca

Employment by industry: New data for May 2026 issued for rural Canada

The May 2026 interactive dashboard from Statistics Canada delivers fresh employment metrics for rural regions, segmented by industry. The update expands granular insights for tracking workforce dynamics in the petroleum, natural gas, and related sectors outside major urban centres.

Sources: www.statcan.gc.ca

Minister Anand engages with UK and Australia on energy security, critical minerals

Foreign Affairs Minister Anita Anand met in London with her UK and Australian counterparts on June 11 to discuss collective responses to international developments, including energy security, supply chain stability amid Middle East tensions, and critical minerals. The session touched on strategies to address potential impacts from disruptions in key maritime passages and to advance coordinated energy and economic initiatives ahead of the G20 and Commonwealth summits.

Sources: www.canada.ca

Parliamentary secretary joins North American energy competitiveness discussion in Washington

Corey Hogan, Parliamentary Secretary to the Minister of Energy and Natural Resources, participated in a public session at the Atlantic Council’s Global Energy Forum in Washington on June 9. The engagement aimed to assess North America’s energy framework with reference to Canadian perspectives.

Sources: www.canada.ca

Provincial Government News

Ontario invests $10.8 million to address legacy oil and gas wells

Ontario has increased annual funding for plugging and managing old and inactive oil and gas wells, allocating $10.8 million in 2026 to improve emergency response and support public and environmental safety.

Sources: news.ontario.ca

Alberta initiates review of Renewable Fuels Standard

Alberta is seeking stakeholder feedback to review its Renewable Fuels Standard, aiming to align requirements with current technologies, market realities, and opportunities to bolster low-carbon fuel adoption.

Sources: www.alberta.ca

Alberta and federal government collaborate on methane reduction funding

Alberta has announced more than $8 million in new support for methane reduction projects through the TIER program, with an additional $19.4 million in federal funds allocated to accelerate industry adoption of methane-limiting technologies.

Sources: www.alberta.ca

Alberta highlights energy security and export strategy at Global Energy Show

At the Global Energy Show, Alberta officials promoted the province's role in global energy security and investment, underscoring opportunities in conventional and critical mineral resources amid international supply chain uncertainties.

Sources: www.alberta.ca

Alberta Minister of Energy and Minerals travels to Japan and South Korea for bilateral talks

Minister Brian Jean is meeting with stakeholders in Japan and South Korea between June 15–19 to advance energy and infrastructure partnerships, including discussion around west coast pipeline projects and increased natural gas exports.

Sources: www.alberta.ca

Government Consultations

Consultation opened for amendments to PPE regulations under Canada Labour Code

Employment and Social Development Canada proposes changes to harmonize personal protective equipment requirements, with a 30-day comment period opening June 12, 2026.

Sources: gazette.gc.ca

What We're Reading This Week

• Networking and dealmaking at Calgary's Global Energy Show: International deal-making took centre stage at Canada's largest energy industry event.
• India seeks more Canadian fuel supplies, but regulatory hurdles may complicate plans: India's request for increased Canadian petroleum faces a complex regulatory environment.
• Help wanted: The oilpatch will need 72,000 workers over the next decade: Labour market projections show significant hiring needs for Canadian oil and gas over ten years.
• Canada 'open for business,' Hodgson tells international energy conference: Minister Hodgson presented Canada's investment case at Calgary's Global Energy Show.
• Oil stockpiles could drop to multi-decade lows, U.S. EIA warns: U.S. EIA cautions that inventories may approach historic lows due to geopolitics.
• Legal & General Says Energy Transition is 'Alive and Well': Investment firm signals ongoing interest in transition-related energy assets.
• Ontario government increasing funding to locate and plug old and inactive oil and gas wells: The provincial government expands investment in legacy oil and gas well management.

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