“The competition for capital investment in the global marketplace is fierce and Canada is losing,” Canadian Association of Petroleum Producers (CAPP) CEO Tim McMillan said in a statement this week.

McMillan said that a lack of regulatory clarity, and the inability to see federally-approved pipelines get built, sends the signal that Canada is closed for business.

CAPP released its 2018 Crude Oil Forecast Markets and Transportation Report, showing inhibited growth in relation to lost projects including Northern Gateway, Pacific NorthWest LN...

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