Calgary energy investor Mac Van Wielingen says there’s an opportunity for the oil and gas sector to regain public respect and support when Canada tries to restore its economy after the COVID-19 pandemic ends.
The industry has suffered since global oil prices tumbled in 2014 but it’s been made worse by national policies that are hostile toward the fossil fuel industry, the co-founder of ARC Financial Corp.
said in a keynote speech on the webcast Scotiabank Canadian Association of Petroleum Producers Energy Symposium on Wednesday.
Pulling out of the current sharp downturn in the economy that has resulted in millions of employment insurance claims will require a major contribution from the oilpatch, he said. “We’ve been through now about six