Practically speaking, Canada's regulatory system is a hot mess of perpetual road blocks - from activist court action to a burgeoning industry of career activists paid to sewer new projects. Canada has world class LNG assets and the 3rd largest proven oil reserves in the world but lately Canada is where new investment goes to die. Higher taxes combined with multiple levels of overlapping and confusing bureaucracy for resource projects is resulting in paralyzing delays, driving away potential investment. Petronas just cancelled a $36 billion investment in LNG while the US  (and Australia) continue to build new LNG terminals. Canada will end up shipping our natural gas south by pipeline for value added processing because we are simply an unattractive jurisdiction for new investment, especially compared to our competition. Canada's growth industries are public sector unions and career social justice warriors - the Aussies and Americans certainly don't mind.