Opinion: Red tape chasing investors away from oilpatch

Last week TransCanada Corporation, a major North American energy company, pulled the plug on Energy East — its 1.1-million-barrel-per-day oil pipeline between Alberta and New Brunswick — after the company said it would conduct a “careful review” of the cost impacts of the National Energy Board’s changing regulations.
It was the latest hit in a chain of bad news for Canada’s energy industry, and further evidence that Canada’s growing regulatory barriers m