Suncor

Current Focus Areas

• Advocacy related to both export and import tariffs imposed on our industry both by the US and/ or the Canadian government as well as export bans, if applicable.

  Jan 2, 2025

• We are currently engaged on a number of Investment Tax Credits that have related taxation and financial implications. At this point, our advocacy is directed at the legislative process.

  May 1, 2024

• Discussion with the government on any proposed tax changes, specifically relating to the Income Tax Act and associated regulations. Discussions will include all forms of investment tax credit including Carbon Capture, Utilization and Storage (CCUS) projects, hydrogen and dispute mechanisms.

  Jan 2, 2024

• Discussion with government on the Canada Growth Fund as it relates to eligibility requirements and ensuring a level playing field for all low carbon technology projects.

  Jan 2, 2024

• Engagement and continued dialogue with government on the 2030 Emissions Reduction Plan.

  Jan 2, 2024

• Advocate for timely, streamlined immigration approvals for workers supporting Suncor’s operations both in Canada and internationally.

  Jan 2, 2024

• Discussions with government on Fisheries Act in regard to the implementation of the Codes of Practice, related guidance's and enhanced coordination and alignment between the federal and provincial government.

  Jan 2, 2024

• Discussion with the federal government on Bill C-15 and its commitment to fully implement the United Nations Declaration on the Rights of Indigenous Peoples, including what this means for regulatory consultation, timelines, and recognition of Suncor's support for Indigenous peoples in the communities we operate. Desired outcome: a clear understanding of how the government intends to implement this legislation.

  Jan 2, 2024

• Discussions regarding Government support of technology and innovation related to Canada’s net zero goals. This will include but is not limited to discussions regarding new or existing government programs, fiscal supports and potential policy levers.

  Jan 2, 2024

• Consultation on Federal/Provincial alignment of greenhouse gas policies, in light of federal government's commitment to implement a Canada-wide greenhouse gas strategy that allows for individual solutions for provinces. Areas of focus will include cost of carbon (including the Clean Fuel Regulation), provincial equivalency, trading and compliance mechanisms.

  Jan 2, 2024

• Discussion on the government's commitment to ban fossil fuel subsidies specifically how fossil fuel subsidies are defined, plans for implementation. Desired outcome: a clear understanding of what this may mean, and an interpretation of what is counted as a "subsidy."

  Jan 2, 2024

• Discussion with the government on how they will support market access to allow Canadian energy products to get to market. Areas of discussion may include the regulatory approval process, communications with impacted communities, timelines and safety. Desired outcome: government understands the importance of market access and where we can work together to achieve access in a way that is safe and protects the environment.

  Jan 2, 2024

• Generals discussions on the energy transition which may include energy priorities, long-term energy security, competitiveness, infrastructure investment (new projects and retrofits on existing projects/sub project) and technology development. Discussions will include hydrogen strategy and other low carbon fuels including regulatory and fiscal frameworks.

  Jan 2, 2024

• Discussions with government on approvals and impact assessments for energy projects.

  Jan 2, 2024

• Raise issues impacting competitiveness and investment in the Canadian oil and gas industry. Desired outcome: leverage Canada’s comparative advantages including industry's investment in technology and innovation to support a transition to a low carbon economy.

  Jan 2, 2024

• Engagement with government to advance a policy and regulatory framework to enable successful closure & reclamation of oil sands mines.

  Jan 2, 2024

• Discussions with government on cyber-security and critical infrastructure including Bill C-26 Critical Cybersecurity Protection Act.

  Jan 2, 2024

• Discussion on the government's commitment to ban fossil fuel subsidies, specifically how fossil fuel subsidies are defined, plans for implementation. Desired outcome: a clear understanding of what this may mean, and an interpretation of what is counted as a "subsidy."

  Jan 2, 2024