September 27, 2026 to October 03, 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 Natural Resources Committee: Canada’s Electrification, Energy Self-Sufficiency and Domestic Energy Security: The committee meets October 5, 11:00 a.m.–1:00 p.m., with witnesses including the Canadian Association of Petroleum Producers, Indigenous Clean Energy, Manitoba Hydro, and others.
• Finance Committee: Budget implementation and extension of excise tax relief: On October 5, 3:30 p.m.–7:30 p.m., the Finance Committee reviews Bill C-31 and Bill C-38 concerning budget provisions and fuel excise tax relief, involving Minister François-Philippe Champagne and Department of Finance officials.
• Human Resources Committee: Bill C-266—framework for skilled trades and labour mobility: On October 6, 11:00 a.m.–1:00 p.m., the committee studies Bill C-266 with witnesses from Canada’s Building Trades Unions, Polytechnics Canada, and other stakeholder organizations.
• Indigenous and Northern Affairs Committee: Affordability Challenges in Northern Canada: October 6, 3:30 p.m.–5:30 p.m., the committee will hear from the Council for the Advancement of Native Development Officers, Nunavut Association of Non-Profit Organizations, Qulliq Energy Corporation, and others.
• Senate Energy, the Environment and Natural Resources Committee: Newfoundland and Labrador offshore petroleum study (in camera): October 6 at 6:30 p.m., the Senate committee will meet in camera to examine Newfoundland and Labrador’s offshore petroleum industry and consider a draft report.

Federal Government News

Minister McKnight spotlights Westridge Marine Terminal and Pacific Link pipeline project

On October 2, Minister Jill McKnight toured the Westridge Marine Terminal in Burnaby, British Columbia, to present recent upgrades that have positioned the facility as a principal gateway for Canadian oil exports to Asia-Pacific markets. Following Prime Minister Carney’s listing of the Pacific Link pipeline as a project of national interest under the Building Canada Act, the project will allow Canada to export an additional one million barrels per day through a new marine terminal in Delta, B.C. Minister McKnight received operational updates, including workforce expansion to support emergency response (nearly 200 staff at Western Canada Marine Response Corporation), a Marine Mammal Protection Program with 32 mitigation measures, and consultation-fueled archaeological projects with Indigenous Peoples. The expanded terminal now accommodates 34 tanker vessels per month, up from five, and features three new loading berths to handle increased export capacity. Trans Mountain Corporation, as the lead developer, will use existing right-of-way and leverage experience from the Trans Mountain Expansion Project, with mutual benefit agreements signed with 81 Indigenous groups totalling over $650 million. The government projects the Pacific Link initiative could create up to 140,000 jobs and add more than $20 billion per year to GDP.

Sources: www.canada.ca

CER approves Trans Mountain tolls settlement; increases contract allocation for shippers

On September 28, the Canada Energy Regulator (CER) approved Trans Mountain’s Tolls Settlement, finalizing a new framework for managing transportation charges and pipeline service contracts. The settlement allows Trans Mountain to contract up to 90% of the pipeline’s capacity to shippers—up from the previously approved limit of 80%. No parties with commercial interests opposed the agreement. The settlement resolves disputes over the expansion project's cost allocation and addresses concerns about equitable access for other shippers. As a result, proceeding RH-002-2023 is now cancelled. The decision applies CER guidelines for negotiated settlements, affirming that resulting tolls are just, reasonable, and fairly applied.

Sources: www.canada.ca

Prime Minister Carney announces major ocean protection and marine emergency preparedness package

On September 29, the federal government committed over $740 million over four years to ocean conservation, marine safety, spill preparedness, and partnerships with Indigenous communities. With significant marine shipping growth expected, these funds are directed at initiatives on Canada's West Coast that include enhanced Canadian Coast Guard capacity, marine emergency response, new navigation aids, and modernization of Transport Canada’s regulatory oversight. Additional measures allocate $136 million for marine mammal protection—including response to oil spills and management of underwater noise—and $186 million for Indigenous partnership and conservation. Fisheries and Oceans Canada will establish nearshore ocean modelling and an Arctic underwater noise monitoring program to inform project reviews and regional planning. Efforts include supporting major energy and trade expansions while modernizing compliance and inspection systems relevant to marine transport of hydrocarbons.

Sources: www.canada.ca

Federal government launches Canada’s new Productivity Mega Deduction for business investment

On October 1, Minister Gary Anandasangaree presented the Productivity Mega Deduction, a significant revision to Canada’s business tax policy. This measure allows immediate full deduction of investments in a wider range of assets—including oil and gas pipelines, mining property, equipment, patents, and infrastructure—raising eligible assets from 15% to over 65%. The immediate expensing provision is now permanent. This is expected to lower the marginal effective tax rate on new business investment from about 13% to 6.4%. The government positions this incentive as a key driver in creating certainty for investors and enabling major capital projects, with an eye on boosting infrastructure in the energy sector.

Sources: www.canada.ca

Minister of Finance convenes provinces, addresses internal trade and U.S. trade response

On October 2, Finance Minister François-Philippe Champagne met with provincial and territorial counterparts to discuss Canada’s economic outlook, health care funding, and ongoing response to U.S. trade actions. The agenda included the new $7.5 billion package supporting workers and businesses facing U.S. trade measures, Canadian counter-tariffs, and the implementation of remission frameworks. The meeting also addressed action on reducing internal trade barriers, mutual recognition agreements, labour mobility, and using Canadian steel for infrastructure. Recent federal initiatives, especially the Productivity Mega Deduction, were outlined as central to strengthening domestic supply chains, supporting projects in sectors such as pipelines and refinery operations. The ministers referenced continued efforts to advance economic growth through regulatory cooperation and capital market reforms.

Sources: www.canada.ca

Canada and India advance energy and resource cooperation discussions

On September 27, Foreign Affairs Minister Anita Anand met with India’s Minister of External Affairs, Subrahmanyam Jaishankar, at the United Nations General Assembly in New York. Their talks reinforced ongoing negotiations toward a Canada-India Comprehensive Economic Partnership Agreement (CEPA), with long-term energy cooperation—spanning renewables, critical minerals, and the potential for Canadian hydrocarbons—on the agenda. Both parties confirmed a series of upcoming engagements aimed at expanding trade and investment, and highlighted India’s demand for reliable energy as a driver of partnership opportunities. The ministers agreed to pursue close dialogue on future energy, innovation, and infrastructure initiatives.

Sources: www.canada.ca

Government announces technical briefing on West Coast oil pipeline review process

On September 30, the federal government announced a technical background briefing for accredited media on the West Coast Oil Pipeline process, scheduled for October 1 at the National Press Theatre in Ottawa. The event provides embargoed background updates on the review process, pipeline timelines, and stakeholder engagement, coinciding with the Prime Minister’s public press conference. Officials reminded participants of restrictions against publication prior to the embargo being lifted. The briefing precedes federal disclosure of new pipeline project details.

Sources: www.canada.ca

Productivity Mega Deduction: Permanent immediate expensing detailed in Ontario

Secretary of State Ruby Sahota presented the Productivity Mega Deduction at an October 1 event in St. Catharines, reiterating the tax measure’s scope and permanence. The change, considered the largest in Canadian business tax practice in fifty years, encompasses an immediate full deduction on a broad set of assets including pipelines, research and development spending, and large-scale infrastructure. The marginal effective tax rate on new investment will seat below half of that in the United States. Oil and gas and related manufacturing investments fall under the deduction’s umbrella.

Sources: www.canada.ca

StatsCan: Primary energy production increases year-over-year, fuel sales reach six-year high

According to Statistics Canada, primary energy production in July 2026 rose 2.7% year over year to 2.1 million gigajoules, with most subsectors contributing to the increase. The agency also reported that Canadian gross sales of gasoline climbed 2.3% to 44.8 billion litres in 2025, reaching the highest levels since 2019. Both gross and net gasoline sales edged closer to pre-pandemic volumes, suggesting a rebound in consumption and, by extension, demand for upstream and downstream oil sector operations.

Sources: www.statcan.gc.ca, www.statcan.gc.ca

Statistics Canada launches new transportation and supply chain price indices

On September 28, Statistics Canada announced the introduction of the Transportation Services Index and the Supply Chain Services Prices Index. Developed using internal methodology, these indices are designed to track changes in volumes and prices across key transportation sectors. First publication is set for October 19, 2026. These datasets are expected to support future industry analysis of energy logistics and market price dynamics.

Sources: www.statcan.gc.ca

Industrial R&D expenditure data released for energy and intellectual property sectors

Statistics Canada published new data from the Annual Survey of Research and Development in Canadian Industry, including actual expenditures for 2024 and preliminary figures for 2025, with intentions outlined for 2026. The survey covers energy and intellectual property spending, enabling further insights into enterprise-driven innovation and technology investment in the oil, gas, and fossil fuel domains.

Sources: www.statcan.gc.ca

Provincial Government News

Alberta welcomes Pacific Link pipeline listing as national project

On October 1, Premier Danielle Smith confirmed the proposed Pacific Link oil pipeline’s designation as a project of national interest. Alberta’s government forecasts 140,000 construction jobs and over $265 billion in additional royalties over 50 years tied to the pipeline, which will move one million barrels per day through B.C.

Sources: www.alberta.ca

Ontario chemical manufacturing facility fined $200,000 for EPA violation

On October 1, Rain Carbon Canada Inc. was fined $200,000 for failure to report excessive benzene emissions at its Hamilton, Ontario facility in October 2023, contravening the Environmental Protection Act. The company received 30 days to pay the fine.

Sources: news.ontario.ca

Nova Scotia Premier speaks at World Energies Summit in London

Nova Scotia Premier Tim Houston addressed the World Energies Summit, focusing on the province’s potential as a stable energy supplier. The province is advancing both offshore oil and natural gas initiatives, as well as the country’s first offshore wind projects.

Sources: news.novascotia.ca

Ontario auto recycler fined for Environmental Protection Act violation

On October 1, JMG Auto Recyclers and Parts Inc. received a $15,000 fine following conviction for failing to comply with a cleanup order related to waste tires and oil storage issues at its Otonabee South-Monaghan facility.

Sources: news.ontario.ca

Alberta extends Energy Rebate application deadline and suspends provincial fuel tax

The Alberta government extended the Energy Rebate application deadline to October 31 and reinstated the 13 cent/litre provincial fuel tax holiday effective October 1, citing strong oil revenues and high energy prices.

Sources: www.alberta.ca

Government Consultations

Canada Energy Regulator seeks feedback on 2026 Remediation Process Guide

The Canada Energy Regulator is requesting public comment on its Draft 2026 Remediation Process Guide until October 5. The draft outlines reporting requirements and best practices for facility contamination remediation.

Sources: www.cerdialogue.ca

What We're Reading This Week

• Oil industry faces major spending hikes to fill planned pipeline expansions: Canadian producers contemplate increased capital spending to utilize new pipeline capacity.
• Carney’s first-ever project of national interest, Stelco cites tariffs for layoffs and finance executives bet on prediction markets: Must-read business and investing stories: Coverage includes Pacific Link pipeline designation and its industry implications.
• Mark Carney cites LNG terminal expansion as the kind of major project Canada needs: LNG Canada expansion receives high-level endorsement.
• Politics Insider: Mark Carney’s pipeline dreams: Insight on federal pipeline initiatives and their political context.
• TC Energy’s Coastal GasLink to proceed after LNG Canada decision: Pipeline project moves forward following regulatory signals.
• Doug Ford commits to footing part of the bill for proposed Alberta-Ontario pipeline: Ontario Premier backs interprovincial pipeline finance.
• News of the day: LNG Canada expansion, GDP stalls, interest rate expectations, Northern Shield pipeline, financial crime and more: Summary includes LNG expansion and new pipeline proposals.
• Another oilsands boom? Smith, Carney say this time Canada will be ready: Discussion on readiness for increased oilsands production.
• Sustainable Energy - Page 5: Compilation of sustainable energy sector news.
• Opinion: The climate energy transition was a broken promise: Commentary on challenges in delivering energy transition commitments.

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