The grand bargain: Jon McKenzie of Cenovus Energy

How can Canada be an energy leader in a world demanding both growth and sustainability? It’s a question Cenovus Energy CEO Jon McKenzie is seized with every day.“When I think about the Canadian energy industry and what we are and where we've been and where we're going, I think the opportunity is immense,” he tells Goldy Hyder on the Speaking of Business podcast. “This is an industry that Canada competes on at a global scale.”Canada is among the top global producers of oil and gas yet faces mounting challenges. From stalled projects and shifting regulations to the need for ecological sustainability, McKenzie lays out the tough realities as well as the opportunities. He describes it as a “grand bargain” which balances growth, environmental responsibility and regulatory stability.“There needs to be a coming together of those three legs under the stool and have this grand bargain where everybody is compromising, everybody is of the place where they understand what the end game is, which is to improve our standard of living as Canadians and to increase our economic benefit as a country.”🎧 Tune in for a sharp, insightful look at the future of Canada’s energy sector. Revealing conversations with influential innovators, entrepreneurs and leaders. Listen to more episodes here: thebusinesscouncil.ca/podcasts/