Natural Resources Minister Jim Carr says he will announce later today a new environmental assessment process that will restore the confidence of Canadians in pipelines and other energy projects.
National Energy Board chair and CEO Peter Watson is speaking to the Toronto Region Board of Trade ahead of the government's announcement.
CBCNews.ca is carrying his luncheon speech live starting at 1 p.m. ET.
The Liberals promised during the election campaign to review the current process for approving resource-based projects and bring in new rules that would "restore robust oversight."
"If major energy projects have the confidence of Canadians ... it'll be good news for the Canadian economy," Carr said on his way into his party's weekly caucus meeting Wednesday.
"People want to know that the process is up and running and fair."
Carr said the government drafted new rules following a series of public consultation meetings across the country.
"We've had roundtables in Winnipeg and in Halifax, with industry leaders, environmental groups, indigenous leaders, community leaders, union leaders, so the consultation has been wide and broad and it will deepen over time."
The announcement comes on the heels of a new audit report by Canada's environment watchdog that found the National Energy Board failed to follow through and adequately track the compliance of pipeline companies with the conditions set for their projects.
Prime Minister Justin Trudeau said Tuesday the government will require companies to "take into account all greenhouse gas emissions including those upstream."
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