Canada

Alberta targets 120-day approval timeline for major energy projects

New legislation aims to streamline regulatory process as province positions itself as global energy supplier.

Alberta targets 120-day approval timeline for major energy projects
(Global News / File)

The Alberta government is moving forward with legislation designed to accelerate approval timelines for major energy projects, setting an ambitious 120-day target for regulatory decisions.

Energy and Minerals Minister Brian Jean announced the initiative Monday, describing it as part of Alberta's strategy to position itself as a reliable global energy supplier in an increasingly competitive international market.

"In an increasingly global environment, there is a growing need for a reliable and responsible energy producer," Jean stated. "Taking this step shows the world Alberta is ready to help meet this demand."

The proposed legislation builds on work already underway between the province and federal government. In March, Alberta and Ottawa reached an agreement allowing projects under provincial jurisdiction to follow Alberta's regulatory review process, with provincial procedures integrated into federal reviews where necessary.

Implementation details remain unclear

However, the government has yet to provide specifics on how it plans to meet the 120-day approval target, raising questions among industry observers.

Richard Masson, former CEO of the Alberta Petroleum Marketing Commission, expressed concerns about the lack of detail surrounding the initiative.

"The challenge is, we don't know what this really means," Masson said. "If there was a problem before with Alberta's regulatory approval process, what is it?"

Masson suggested the province needs to establish clear frameworks for project applications before they reach the approval stage to effectively expedite the process.

"I hope what they're doing is trying to clarify expectations, so when people put their application in, they're complete and they can be adjudicated quickly," he added.

First Nations seek greater consultation

Indigenous leaders are calling for more meaningful involvement in the regulatory process as the province moves forward with these changes.

Sturgeon Lake Cree Nation Chief Sheldon Sunshine emphasized the need for better collaboration between the government and First Nations communities.

"There has to be a better way and there is a better way," Sunshine said. "Having us react to these legislations they introduce and pass is not conducive to good business."

The measure was outlined in an October mandate letter to Jean as part of the United Conservative Party government's broader economic development strategy.

This story is based on reporting by Global News. Read the original article.

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