Canada’s oil and gas industry gathering in Toronto for two-day forum

petroleum-railway-tanker-shipment-oil-gas-LNG-transportation-CAPP-Canadian-Association-Petroleum-Producers-Scotiabank-Investment-Symposium-Toronto-Sheraton-Centre-energy-Cenovus-Pembina-TransCanada-Suncor-Encana-EDIWeekly

Toronto will be energy town for the next two days as senior executives from many of Canada’s oil and gas companies, pipeline and service companies, as well as institutional investors from around the world attend a Canadian Association of Petroleum Producers investment symposium on April 3 and 4.  The CAPP Scotiabank Investment Symposium is a forum for the uptstream oil and gas industry, including producers, transportation companies and investors, to “explore investment opportunities,” said CAPP president Dave Collyer in a statement. The event promises to bring together over ninety oil and gas CEOs and senior executives, and over 200 institutional investors.

“It is also an opportunity to discuss the significant impact investment by our industry has on economic growth and job creation across the country. The CAPP Scotiabank Investment Symposium will highlight industry’s plans to ensure competitiveness and social licence, and our efforts to grow markets for Canada’s significant oil and natural gas resources.”

In addition to investor presentations there will be panel discussions with provincial energy ministers, transportation company executives and LNG proponents. Among the companies attending and or presenting are many names that Canadians will recognize—Cenovus Energy Inc., Enbridge Inc,. Encana Corp., Irving Oil, Pembina Pipeline, Petronas (Progress Energy Canada), Suncor Energy Inc., Talisman Energy, and TransCanada Corp. Dozens of others may be less familiar to non-industry insiders, but play a big role in the country’s energy sector.

Canada, the CAPP statement says, has the third-largest oil reserves in the world as well as significant natural gas assets, and is ranked among the top 10 global energy producers. This presents an important opportunity for investors, as only “about 20 per cent” of total global oil reserves are fully accessible for private-sector investment. Of those reserves, over half are found in Canada’s oil sands.

The oil and natural gas industry accounts for about 20 per cent of the value of the Toronto Stock Exchange and is the largest private sector investor in the country with capital spending consistently in the range of $60 billion to $70 billion a year. The CAPP symposium has been held in Toronto only once previously in its twenty-four-year history.

The CAPP Scotiabank Investment Symposium takes place at the Sheraton Centre Toronto, April 3–4.

Did you miss this?

Other Popular Stories

  • Ontario's manufacturing output "robust" in May: RBC
  • Ontario government accepts mining report recommendations
  • Government wants to know what chemicals are used in fracking
  • Canada's manufacturing sales rose in 2016, led by cars, food
  • Are we ready to let go of the wheel? The current state of self-driving car technology.
  • Critical labour shortage hurting meat industry; immigration policy blamed
  • Engineers among highest paid Canada; Alberta averages highest; quarrying, mining, oil and extraction dominate wages
  • Only 13% of Canadian manufacturers likely to change export strategy despite trade disputes even though 87% are looking beyond the US market
  • Manufacturing continues to grow but exports decline, increasing Canada's trade deficit in February
  • High speed rail finally coming to Toronto-Windsor corridor? What will Ontario high speed look like?
  • Propellant leak during emergency abort sets back Boeing's spacecraft development for NASA
  • June a very good month for manufacturers
  • The Future of Transportation
  • Canada-France space agencies test stratosphere balloon in Ontario
  • 3D printing, or additive manufacturing, becoming more mainstream across many manufacturing sectors
  • Blue Origin rocket engines to be built in Alabama, employing up to 350
  • One sweet ride: a biodegradable auto made of sugar beets and flax — but what about mice?
  • As the Tesla Model 3 enters production, oil companies revise estimates of EVs on the road upwards to 530 million by 2040
  • UN aviation body sets first CO2 emissions standard for world's airlines
  • 3D printed hempcrete could revolutionize construction industry
Scroll to Top