August 16, 2026 to August 22, 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.

Want to track the upstream and downstream forces affecting Oil & Gas? Don’t miss this week’s updates in Utilities & Power and Mining. Also consider subscribing to our Oil & Gas - Washington edition covering critical GR news south of the border.

📋 In This Week's Newsletter

• 🇨🇦 Federal Government News
• 🗺️ Provincial Government News
• 📚 What We're Reading This Week

Federal Government News

Upcoming Federal Clean Energy Announcements Scheduled Across Provinces

Federal officials from Natural Resources Canada scheduled a technical media briefing regarding clean energy projects in Newfoundland and Labrador and Quebec, with the embargo set to lift upon remarks by Prime Minister Mark Carney on August 17 in St. John’s. Minister Tim Hodgson will make a clean energy investment announcement on August 24 in London, Ontario, joined by Peter Fragiskatos, Parliamentary Secretary to the Minister of Immigration and MP for London Centre. Additionally, Minister Shafqat Ali, President of the Treasury Board, will deliver a clean energy funding announcement in Red Deer, Alberta, also on August 24, accompanied by local officials. Both events will be followed by media availabilities, and official registration is required for attendance. The coordination of these announcements across key regions signals continued engagement with local stakeholders in the context of federal clean energy investment programs.

Sources: www.canada.ca, www.canada.ca, www.canada.ca

Statistics Canada Releases Refined Petroleum Product Data for July 2026

Statistics Canada has released new data encompassing July 2026 production and inventories of refined petroleum products nationwide. The dataset, available upon request, offers detailed insights into output and stock levels, supporting analysis of ongoing trends in fuel refining, inventory management, and downstream operations.

Sources: www.statcan.gc.ca

Canada and India to Host Inaugural Finance Ministers’ Economic and Financial Dialogue

Minister François-Philippe Champagne will host India's Minister of Finance, Nirmala Sitharaman, in Toronto on August 26 and 27 for bilateral talks aimed at strengthening economic and financial cooperation. The agenda includes discussions on economic development, financial sector cooperation, and shared international priorities, with a particular focus on areas central to both economies: energy, critical minerals, agriculture, and advanced manufacturing. Canada's investment in India exceeded $110 billion as of 2024. The session will feature an Inaugural Finance Ministers' Dialogue and a joint press conference, with specific sessions open to accredited media following advance registration.

Sources: www.canada.ca

Statistics Canada Publishes Monthly Energy Transportation and Storage Survey for June 2026

Monthly data for June 2026 on the transportation and storage of crude oil and other liquid petroleum products are now available through Statistics Canada. The figures support market analysis related to crude movements, midstream storage utilization, and supply chain efficiency in petroleum logistics.

Sources: www.statcan.gc.ca

Statistics Canada Releases July Industrial and Raw Materials Price Indexes

The July 2026 Industrial Product Price Index saw a 0.6% increase month over month and a 12.4% rise year over year. Meanwhile, the Raw Materials Price Index fell by 2.2% from June but remained up 18.1% compared to July 2025. These indicators are relevant for procurement, pricing analysis, and cost modeling across oil and gas supply chains.

Sources: www.statcan.gc.ca

Monthly Survey Released on Canadian Mineral and Smelter Production for June 2026

Updated figures from June 2026 on mineral production and smelter activities have been published by Statistics Canada. The release provides industry with up-to-date metrics on mineral throughput, output from Canadian smelters, and associated feedstock volumes.

Sources: www.statcan.gc.ca

Wholesale Services Price Index Update for June 2026 Issued by Statistics Canada

The Wholesale Services Price Index (base 2020=100) was announced for June 2026, enabling analysis of wholesale service cost trends relevant to oilfield equipment, petrochemical distribution, and upstream-downstream linkages.

Sources: www.statcan.gc.ca

Minister Hajdu to Announce Transportation and Supply Chain Workforce Alliance

Minister Patty Hajdu is scheduled to launch the Transportation and Supply Chain Workforce Alliance in Calgary on August 24, accompanied by Corey Hogan, Parliamentary Secretary for Energy and Natural Resources. The alliance aims to address national labour shortages and workforce representation across multimodal supply chains, including oil and gas logistics. The announcement will be made at Mount Royal University, with subsequent media availability.

Sources: www.canada.ca

Provincial Government News

Nova Scotia Premier to Participate in National Energy Forum in Alberta

Premier Tim Houston will address the Canadian Energy Executive Association’s annual conference in Banff from August 20-22, focusing on Nova Scotia’s offshore oil, natural gas, and wind resource development activities and investment opportunities.

Sources: news.novascotia.ca

Alberta Penalties Issued to Birchcliff Energy Ltd. for 2023 Workplace Fatality

Birchcliff Energy Ltd. has been fined $312,500 following a 2023 fatality at an oil and gas site in Spirit River, Alberta, with most funds directed to safety and rescue training initiatives.

Sources: www.alberta.ca

Manitoba and Canada Release Research Confirming Feasibility of Year-Round Shipping from Churchill

Federal and provincial governments, with the Arctic Gateway Group, reported studies demonstrating that year-round shipping from the Port of Churchill is viable using current ice-class vessels, opening new routes for northern supply chains and exports.

Sources: news.gov.mb.ca

Ontario Premier Outlines Northern Shield Energy Corridor at Municipalities Conference

Ontario Premier Doug Ford, speaking at the AMO conference in Ottawa, reiterated plans for the Northern Shield Energy Corridor, describing an all-Canadian oil pipeline route from Alberta to Sarnia designed to avoid reliance on foreign decisions affecting Ontario fuel supply.

Sources: news.ontario.ca

What We're Reading This Week

• Oil from the east and tariffs to the south: Changes in oil flows and cross-border tariffs covered in summary business updates.
• Newfoundland looks to take advantage of interest in its offshore oil: Recent developments in Newfoundland's offshore sector amid growing industry attention.
• Could Donald Trump revive the Keystone XL pipeline?: Examines uncertainty around the pipeline’s potential future as trade discussions evolve.
• Here is a list of Canada’s current and proposed oil pipelines: Overview and status of oil pipeline infrastructure across Canada.
• Canada’s pipeline ambitions hinge on uncertain output expansion: Analysis of pipeline development prospects amid questions on future crude production.

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