Natural resources GDP on the decline in Canada

Oil sands extraction declined largely because of shutdowns and maintenance of some production facilities. Crude oil extraction also falls

Natural resources GDP on the decline in CanadaThe natural resources sector in Canada continues to be challenged. A new report released Friday by Statistics Canada said real gross domestic product (GDP) of the natural resources sector fell 2.2 per cent in the third quarter, following a 2.8 per cent rise in the second quarter.  The federal agency said the decline was largely…

Cenovus Energy targets 30% decrease in emissions

Also plans $1.5 billion of additional spending with Indigenous businesses and reclaim 1,500 decommissioned well sites

Cenovus Energy targets 30% decrease in emissionsCenovus Energy announced Thursday it is aiming to reduce its emissions intensity by 30 per cent by 2030. It also plans to achieve a minimum of $1.5 billion of additional spending with Indigenous businesses, reclaim 1,500 decommissioned well sites and complete $40 million of caribou habitat restoration work. “Our environmental practices, low-emissions oil sands operations…

Alberta needs the ‘war room’ to challenge energy ignorance

Too many reporters have bought into poorly-conceived advocacy positions and fail to provide readers with balanced information

Alberta needs the ‘war room’ to challenge energy ignoranceThe Canadian Energy Centre – also called the “war room” – is online, publishing featured stories, reports, briefs, analysis, perspective and even an Energy IQ quiz. It’s all aimed at distributing information about energy (primarily oil and gas) in Canada. The topics are diverse, ranging from pipelines and oil products to climate, renewables, people stories,…

Albertans have elected a pig-in-a-poke for a second time in a row

For business, an ideology-driven agenda – whether from the right or the left – doesn’t create favourable conditions for investment

Albertans have elected a pig-in-a-poke for a second time in a rowCommon sense is not so common, observed the 18th century French writer Voltaire. Sadly, he could be talking about politics in Alberta today. Albertans have been whipsawed by two back-to-back political parties that govern more by ideology than common sense. The NDP governed from the ideological perspective that the state should tax more and use…

Wexit would solve the country’s malaise

It's time to break apart this dysfunctional nation so the various parts can repair their generations-long problems

Wexit would solve the country’s malaiseBy Colin Alexander Research associate Frontier Centre for Public Policy Canada’s recent federal election result exposes intractable challenges dating from Confederation in 1867. Wexit could allow Alberta to escape from a burden somewhat resembling the maladministration that afflicted Argentina, once one of the world’s richest countries. For the past half century, Canada has not been…

Alberta independence push requires care

Quebec’s experience should offer a roadmap – and a cautionary tale – for Albertans intent on quickly divorcing from Canada

Alberta independence push requires careWhether they endorse or oppose the notion of an independent Alberta, Albertans would do well to proceed with caution. While Quebec went through two referendums in 15 years, it took decades for that province's sovereignty movement to develop. After the near-victory in 1995, the Bloc Québécois leader spoke about the need for “winning conditions” before…

RBC has rosier forecast for Alberta’s economy in 2020

RBC Economics predicts the economy will grow by 1.7 per cent next year, while last week ATB Financial called for 0.9 per cent growth

RBC has rosier forecast for Alberta’s economy in 2020Financial institutions operating in Alberta agree on one thing: there will be growth in 2020. They just can't agree on how much. A Provincial Outlook report by RBC Economics says oil production is set to rise materially, business investment will pick up and improving prospects for pipeline capacity expansion will shore up confidence in the…

Alberta, Saskatchewan landlocked and abandoned

Blocking Prairie oil is not about the environment. And neither is it about safety. It's all about politics and control

Alberta, Saskatchewan landlocked and abandonedIn mocking response to those wishing to separate, some quip that Alberta would remain landlocked the day after it becomes independent.  With a more respectful tone, Alberta’s premier used similar words in his recent “fair deal for Alberta” speech. Those endorsing and those opposing Alberta’s separation from Canada would benefit from a clear statement of…

Alberta’s UCP needs the feds to get Trans Mountain done

It was actually the federal Liberals and Alberta’s previous NDP government that did the heavy lifting needed to get the project started

Alberta’s UCP needs the feds to get Trans Mountain doneIt was more than a little disingenuous for Alberta’s still newish UCP government to stand up and claim last week that its “perseverance” led to the start of construction of the long-delayed Trans Mountain Pipeline expansion. “Perseverance has got us to this point,” clucked Alberta Energy Minister Sonya Savage. “When others were criticizing our energy…

Alberta’s budget cuts not aggressive enough: report

Alberta's spending reduction plans much smaller than previous governments that wanted to eliminate the deficit, says Fraser Report

Alberta’s budget cuts not aggressive enough: reportThe Alberta government’s plan to eliminate the budget deficit by 2022/23 is less aggressive — both by timeline and by the amount of spending reductions — than previous successful deficit-reduction plans by other governments across Canada, says a new report released Thursday by public policy think tank the Fraser Institute.  “The recent Alberta budget represents…
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