Prime Minister Mark Carney championed the event, declaring, “Canada has what the world needs,” and emphasizing the country’s potential to become a global energy superpower. However, the move is not without controversy, facing opposition from various groups within Canada regarding environmental concerns and Indigenous rights. The backdrop includes Alberta, a province rich in oil but geographically constrained. It is advocating for more access to ports for international market expansion despite ecological and local community resistance.

Historically, the majority of Canadian oil and gas has been directed south to the United States, generating about $6 billion in natural gas sales last year. However, as U.S. production swells, Canadian exports have seen a decline, positioning Canada to seek alternative markets overseas to bolster its economic stability.