Any emissions we cut here will simply pop up in jurisdictions with less stringent environmental regulations If Canada were to be carbon neutral tomorrow, it would take China only 21 days to ensure our current annual emissions were put back into the atmosphere. And it’s only expected to get worse. As a share of the…
Set to average a record 101.9 million barrels per day, up by two million bpd from 2022 Chinese crude consumption is under the spotlight. Markets are again looking towards Beijing, the world’s top crude importer, for direction. With COVID-19 restrictions gone, China is on the move – defining the global energy dynamics. Pushed up by…
Did you know that the largest farmland owner in the country is not even a farmer? We all know what’s happening to real estate these days. Everything got more expensive in a hurry, fueled by rock-bottom interest rates. But farming has also been impacted by lower interest rates and investors looking for safety and better…
Saudi Arabia is feeling the pressure, but the prospect of a ‘crude’ divorce between Moscow and Riyadh seems premature The Saudi-Russian relationship, which has played a key role in managing crude markets in recent years, occurred despite overt pressure from Washington on Saudi Arabia and its partners within the Organization of Petroleum Exporting Countries, OPEC.…
Gradually, entire cities are becoming unaffordable for working families A new report from the Canada Mortgage and Housing Corporation (CMHC) shows that rents are skyrocketing in many, if not most, Canadian cities. No surprise there. But this year’s annual report also documents, for the first time, rent increases in vacant units. It shows rents going…
ESG is not new. It’s easy to find drivers of ESG values and principles that date back hundreds of years By now, pretty much everyone who ought to be familiar with ESG fundamentals has at least basic literacy around the notion of how corporate environmental, social and governance behaviours should be recognized, rated, and rewarded.…
Trudeau government just shrugs when asked what “significant labour market disruptions” actually means By Franco Terrazzano and Kris Sims Ottawa seems to have only one message about its Just Transition policy: “trust me.” How many people’s jobs are on the line? How much will it cost? Are the numbers bubbling up accurate? Those are big…
Our dangerous love affair with a ‘top down’ collectivist approach to problem-solving is leading us in the wrong direction That Germany has given up on Canada to supply liquefied natural gas (LNG) and instead signed a massive multi-year LNG purchase agreement with Qatar has left many angry and disappointed. Investment manager and perennial oil bull…
Working to advance First Nations’ ownership of resource projects Savana Walkingbear has overcome adversity to become one of Canada’s top young Indigenous leaders. A citizen of Thunderchild First Nation in Saskatchewan, he was one of the youngest elected Indigenous band councillors in Canada and is now a director of the First Nations Major Projects Coalition…
Until politicians get out of the driver’s seat, we will never get energy transition right You’ve heard about getting things “bass-ackward”? That self-explanatory term pretty much describes the state of energy transition in Canada. That also means there’s no way Canada’s oil and gas sector, to channel prominent business thinker Jim Collins, is going from…