At the Global Energy Show in Calgary, Tim Hodgson, Canada's Minister of Natural Resources, conveyed a strong message about Canada's readiness to serve as a dependable energy supplier amidst global volatility. He emphasized that energy policy is intertwined with economic, security, and trade policies. The conference, expected to attract around 30,000 attendees, highlighted the urgency for Canada to enhance its energy supply capabilities, especially in light of ongoing geopolitical tensions. However, concerns were raised by industry leaders, particularly Jon McKenzie, CEO of Cenovus Energy, regarding the impact of carbon taxes and regulatory frameworks on investment in the oilsands sector. McKenzie argued that the proposed Pathways carbon storage project, which aims to cut emissions significantly, could cost between $20 billion to $30 billion without generating revenue, making it a questionable investment. The Alberta government is pushing for a new oilsands pipeline to the West Coast, contingent on the Pathways project, with hopes to start construction by September 2027. Despite the signed agreements, industry leaders remain skeptical about the financial viability of these initiatives.