Inside Suncor’s Transformation: A Conversation With Rich Kruger

This week on the podcast, our guest is Rich Kruger, President and Chief Executive Officer of Suncor Energy Inc.

Rich explains key messages from the company's recent Investor Day presentation, including its transformation in safety, operations, and financial metrics over the past three years.

Here are some of the questions that Peter and Jackie asked Rich: What is Suncor’s production now, and what is your 3-year growth plan? How do oil sands costs stack up against U.S. shale? How much capital are you returning to shareholders, and how do you respond to criticism that Suncor should be investing more capital in Canada versus sending it to investors? What are the reserves of Suncor, and how do these compare to those of other companies? With pipeline proposals advancing west to tidewater and south to the United States, where should Canada focus its efforts? Are you concerned about Venezuela creating competition for Canadian oil in the United States? What are your thoughts on US shale oil? Do you expect the growth to slow? With active discussions underway on carbon pricing and the Pathways Carbon Capture project, what is your perspective on Canada’s future carbon policy and competitiveness? How does the federal government’s shift in tone affect your investment outlook, and does it meaningfully reduce greenfield project risk?

Content referenced in this podcast:

• Suncor Investor Day replay and transcript (March 31, 2026)

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