Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Layton Says Canada Should Review Oil Sands, Offshore

July 6 (Bloomberg) -- Canada should review regulations on all “unconventional” oil exploration, including oil sands and offshore projects, before allowing new work to proceed, New Democratic Party Leader Jack Layton said.

The review would be broader than the current one being conducted by the federal regulator, Layton told reporters in Ottawa today. Safety questions about drilling in remote regions using newer technologies must be answered after the spill at a BP Plc well in the Gulf of Mexico.

“The BP spill has got to be a wake-up call,” said Layton, the leader of the smallest of four parties in Parliament. He also reiterated his opposition to any new oil sands projects.

Prime Minister Stephen Harper has touted Canada as a secure supplier of energy to the U.S., citing the development by companies such as Syncrude Canada Ltd. of the oil sands in Alberta. Canada, home of the world’s second-largest oil reserves, is also working with the U.S. and Russia to settle claims to the arctic that could allow exploration for energy in that region.

To contact the reporter on this story: Alexandre Deslongchamps in Ottawa at adeslongcham@bloomberg.net; Greg Quinn in Ottawa at gquinn1@bloomberg.net.

To contact the editors responsible for this story: David Scanlan at dscanlan@bloomberg.net; Christopher Wellisz at cwellisz@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.