AI Summary

Cenovus Energy reported a record‑strong quarter, but CEO Jon McKenzie warned that Canada’s focus on climate policy is making the country one of the least attractive places to build new oil production. He said the national conversation around oil sands development has become “myopically focused on the climate agenda,” and that this focus is already affecting investment numbers. McKenzie highlighted that the country has spent more than a decade creating an environment that discourages new oil production projects.

AI summaries can be wrong sometimes—always verify important details using the source article.