The province appeals to mining investors because it’s able to match its relatively strong endowment with competitive policies
By Jairo Yunis and Alex Whalen The Fraser Institute As Newfoundland and Labrador deals with the effects of COVID-19 and recession, good news economic stories appear to be in short supply. However, a recent survey of investors sheds light on the province’s mining potential. Mining plays an important role in the province’s economy and the…
To attract the investment required to develop resources, mitigating the risks of policy uncertainly needs to be a top priority
By Jairo Yunis and Elmira Aliakbari The Fraser Institute The COVID recession has hurt Canada’s natural resources sector, with supply disruptions, commodity price declines and greater uncertainty regarding future demand. Not surprisingly, capital investment in the Canadian mining industry has dropped to its lowest level since 2009. Of course, business investment should be a key…
By Jairo Yunis and Steven Globerman The Fraser Institute The Alberta government recently introduced Bill 22 (the Red Tape Reduction Implementation Act), delivering on a campaign promise to streamline regulations across the provincial government. While details aren’t yet clear, the bill proposes a whopping 14 legislative changes across six ministries. Proposed changes include removing residency…
By Steven Globerman and Jairo Yunis The Fraser Institute The Alberta government recently announced cuts to scores of jobs at the Alberta Energy Regulator (AER), including operations staff, headquarter managers and field workers, as part of a major reorganization. The ostensible goal is to make the AER more efficient, effective and resilient by simplifying the…
Less red tape and shorter decision timelines would improve Alberta’s investment environment and free up AER’s resources
By Steven Globerman and Jairo Yunis The Fraser Institute In September, Alberta Energy Minister Sonya Savage announced a formal government review of the Alberta Energy Regulator (AER) and replaced the AER’s board of directors with an interim panel. AER’s mandate is governing structure and operational practices in the industry. Since the announcement, several independent investigations…