As a result of their deliberations committees may make recommendations which they include in their reports for the consideration of the House of Commons or the Government. Recommendations related to this study are listed below.

Recommendation 1

That the Government of Canada renew its support for Canada’s natural resources sectors by:

• reviewing existing and announced incentives in light of the United States Inflation Reduction Act of 2022 and expanding those incentives as necessary;
• developing national standards and codes that encourage the uptake of low-carbon natural resources products and by-products;
• providing additional funding to consistently oversubscribed programs, such as Investments in Forest Industry Transformation;
• investing in public infrastructure necessary for assisting in the sustainable development of Canada’s natural resources ; and
• continuing to fund the research and development cycle for natural resources innovation, with an emphasis on supporting commercialization.

Recommendation 2

That the Government of Canada work to reduce uncertainty for investors in natural resources sectors by:

• working with other governments and regulators across Canada to streamline approval and permitting processes for natural resources projects; and
• deepening its engagement with Indigenous peoples, industry, workers and affected communities during the policy development process.

Recommendation 3

That the Government of Canada facilitate Indigenous equity ownership of natural resources projects by:

• creating a dedicated funding envelope to support Indigenous knowledge-gathering about natural resources on their lands;
• partnering with First Nations, Metis, and Inuit communities to draw on and integrate Indigenous expertise about responsible natural resource extraction on their lands into government supports for various natural resource projects;
• developing a new national benefits sharing framework to ensure that First Nations and Metis peoples directly benefit from major resource projects in their territories and Inuit communities benefit from major resource projects in Inuit Nunangat; and
• developing financing solutions tailored to the needs of Indigenous governments, businesses and communities, such as loan guarantees and low-interest loans for investments in natural resources projects.

Recommendation 4

That the Trans Mountain Corporation review the toll structure of the Trans Mountain Expansion Project and propose modifications to the toll structure as necessary to reduce the risk to taxpayers.

Recommendation 5

That the Government of Canada provide greater transparency about fossil fuel subsidies by:

• publishing its definition of fossil fuel subsidies;
• publishing its definition of what constitutes an inefficient fossil fuel subsidy;
• publishing annual data on Canada’s fossil fuel subsidies, including those subsidies that are considered inefficient and those that are aligned with the Government of Canada’s policy objectives; and
• publishing regular progress reports on the Government of Canada’s work to fulfil its commitments to eliminate inefficient fossil fuel subsidies and public support for the fossil fuel energy sector.