Michael Nowlan

Independent board director; entrepreneurial business leader, communications, technology, business strategy; father, husband, skier, boater ...

[Harley Finkelstein @harleyf]

You don’t have to love Elon Musk to recognize what this headline says about us.

A country that spends more time criticizing wealth creation than encouraging it sends a clear message to builders: your success is tolerated, not celebrated.

Canada should be the best place in the world to build ambitious companies. Headlines like this make us look like we’re not quite ready for that.

[Martin A. Armstrong @ArmstrongEcon]

Canada is a textbook case of how bad policy turns a resource‑rich nation into a declining one: attack energy, overtax work, bury business in regulation, and then act surprised when growth stalls and separatism rises.

[Razor Oil @RazorOil]

Good morning to all friends that love the Canadian oil sands. This specific SAGD asset outputs about 9,000 bbl/d and reduced it's emissions and energy intensity by 40% in the past 10 years, but you will never hear about it in the news. Good work. 🫡🪒

[John Dunn @SkaraBraeRanch]

That a federal government feels entitled to target a specific industry and load it with billions in additional costs because it assumes the industry "can absorb the cost" tells you everything you need to know. It is a profoundly anti-investment, anti-growth mindset that punishes success and drives capital elsewhere. And it helps explain why Canada has spent years stumbling from one economic self-inflicted wound to another and why the economy is such a fucking disaster.

[John Dunn @SkaraBraeRanch]

@ericnuttall I share your outrage. That so many cannot see this Liberal *shake-down* for what it is ... a scheme that literally pumps money into the ground instead of putting it to productive use for the benefit of Canadians ... is genuinely mind-numbing.

[Eric Nuttall @ericnuttall]

If the cost of a new 1MM Bbl/d pipeline is Pathways, a $30BN project conceived in a vastly different world that erodes our competitiveness, then I say nay. It took me 4 hours to get my 6 year old an ankle x-ray last night...we do not have to live like this, yet choose to. Sad.

[Eric Nuttall @ericnuttall]

The UAE is building a ~1.4MM Bbl/d, 370km pipeline costing ~$4BN USD, started in 2025 and onstream in 2027. Canada aims to potentially build a 1MM Bbl/d pipeline, to cost ~$40BN, take 8+years, and is tying it to an obsolete/costly $30BN Pathways project. See the difference???

[Ian Brodie @irbrodie]

540-odd days since Mr Trump’s first tweet about tariffs on Canada and we are somehow still not building another oil pipeline to international markets.

[William Lacey @WilliamLaceyYYC]

Some more context. The creation of Pathways will represent the potential reduction of 10-12 million tonnes (MT) of CO2 per year. In 2024 global emissions were 35,130 MT, so the project represents a potential reduction of 0.03%. The largest growth in emissions in 2024 was from the Asia Pacific region (839 MT) while North America (-143 MT), Europe (-236 MT) and Africa (-9 MT) all declined). I can think of a lot of better ways to spend these billions of dollars to improve the environment than the wasteful spending on Pathways.

[Michelle Rempel Garner @MichelleRempel]

The Libs have put Canada far behind in a global race to ramp up energy production and capture a foothold in Asian markets.

Today's announcement puts Canada further behind the pack in so many ways.

Watch to the end...you'll want to see what the host does.

[arjun⚡️murti @ArjunNMurti]

@ericnuttall is of course 100% correct. The world desperately needs more Canadian oil...and, yet, misguided climate ideology from its leadership has not died. There is not a consumer in Asia that cares about Canada's CO2 footprint. In fact, as a relative small country, Canada's carbon footprint is completely irrelevant.

[Eric Nuttall @ericnuttall]

The Grand Ransom™️has now been signed: a reduced & deferred carbon tax to $140/t by 2040, and the promise of a new pipeline that "is tied to Pathways", a $30BN project that is irrelevant and enormously expensive. No other country in the world is doing this to themselves, just 🇨🇦.

[Rick Rule @RealRickRule]

Yes sir, Canada has what the world wants, Oil and Gas. Delighted you finally noticed.
Canada could have had a surplus a decade ago

[MikesMoneyTalks.ca @moneytalkstweet]

This Weekend on MoneyTalks
Canada is sitting on an energy goldmine, so why are we making it so hard to win?

Mike & Heather @ExnerPirot break down the MASSIVE opportunity in oil & gas, the regulatory roadblocks choking investment, and why this commodity boom could change Canada’s future forever.

Is Canada about to become an energy superpower — or miss the moment completely?

Don’t miss this one.

[Heather Exner-Pirot @ExnerPirot]

Cenovus has literally been operating in Asia for over a decade. I think they know better than Carney how much of a premium their customers and partners in Asia are willing to pay for Canadian heavy oil with carbon capture, and I’m guessing it’s zero.

[LNG QE 🇨🇦 @BubleQe]

Wasn't this very same thing said over a year ago?

At what point does PM Mark Carney actually 'do something' ?

Time to get a move on Canada...

https://t.co/2ndEUz1lLs

[Heather Exner-Pirot @ExnerPirot]

If you are wondering why CEOs are getting more pointed, it is because they see the enormous opportunity laying at our country’s feet, but our political leaders are still not bending down to pick it up.
Let’s act with some urgency for once. Let’s attract some @%#! investment.

[Heather Exner-Pirot @ExnerPirot]

Birol acknowledged the country has a reputation for lengthy timelines on major projects. “Canada doesn’t have the luxury to be slow.”
Many factors have come together to create a “golden opportunity” for the country and “the cost of missing this train will be incredible”.

[Canada Spends @canada_spends]

It is worth pointing out that none of these have been approved by the Major Projects Office and have only been referred to them.

That means that they aren't subject to the Building Canada Act and there are no timelines for them to be added to the List of Projects in the National Interest.

It is only when the projects are added to the list that the two-year review timeline specified in the Building Canada Act.

The only major project currently under construction was approved under the previous regulatory regime.

The Contrecoeur container port expansion submitted to the Canadian Environment Assessment Agency for formal review in December 2015. It took 10 years to go through the formal process.

The Major Projects Office also issues no status updates so it is impossible for the public to know if things are advancing or not on the projects that are referred to it.

[Martin Pelletier @MPelletierCIO]

We're doomed if he truly believes this.