Canada’s sad march to energy industry oblivion

Encana, Canada’s flagship energy company, has now become Americanized, driven south by disastrous Liberal policies

Canada’s sad march to energy industry oblivionEd. Note: Gwyn Morgan was the first CEO of Encana when it was formed in 2002. In this Nov. 22, 2018 column, the respected oil pioneer outlines the federal regulatory impediments that are driving companies to leave our country. With the announcement this week that Encana is rebranding and heading to the U.S., the column…

Canadian economy edges up in August

Canadian economy edges up in August(Troy Media) - Canada’s real gross domestic product (GDP) edged up 0.1 per cent in August, following no change in July, according to Statistics Canada. In a report released on Thursday, the federal agency said goods-producing industries were up 0.2 per cent after two months of declines, led by a rebound in manufacturing, while services-producing industries…

Alberta lashes out at feds over Encana move

Move still requires shareholder, stock exchange and court approval but it is expected to take place in early 2020

Alberta lashes out at feds over Encana moveAlberta's Energy Minister lashed out at the federal Liberal government Thursday, blaming its policies for the decision by energy giant Encana Corporation to move its corporate headquarters to the United States and change its name to Ovintiv Inc.  The Calgary-based company said the move still requires shareholder, stock exchange and court approval but it is…

Tracing the roots of a Calgary tracer technology success

Todd Dyer of Isotopes Canada talks about being a solution-provider through innovation for the energy industry

Tracing the roots of a Calgary tracer technology successTodd Dyer is president and CEO of Isotopes Canada. What is Isotopes Canada and what does it do? Dyer: We’re a Canadian-owned, privately-held tracer technology company based in Calgary. All our staff, office and lab are in the city and all our laboratory work is done right here in Calgary. The services we provide include…

Local taxes suck the life out of many businesses

Property tax imbalance erodes political accountability, discourages business investment and ultimately hurts employment

Local taxes suck the life out of many businessesBy Josef Filipowicz and Steven Globerman The Fraser Institute In many cities and towns across Canada, residential properties are increasing in value, while some local businesses are struggling to survive. There are different reasons for this development, including factors well beyond our borders. But in most of those municipalities, business property tax rates are higher…

Liberal minority fuelling uncertainty in the energy sector

What will it mean for potential pipeline expansion? What about the economy?

Liberal minority fuelling uncertainty in the energy sectorThe election of a Liberal minority in Monday night’s federal election is fueling a number of questions now in the energy sector and for Canada’s economy. What will this mean for the oilpatch? What will it mean for potential pipeline expansion? What about the economy? “The biggest question mark with this election outcome is for…

Economic growth should be a key election topic

Prolonged slow economic growth begets social and political turmoil, as the expectations of many for a better standard of living are frustrated

Economic growth should be a key election topicIn this federal election campaign, the parties have proposed numerous taxpayer-funded programs to address various ostensible social problems. But no major party has made economic growth a significant focus of its election campaign. The social problem areas cited include unaffordable education from preschool to post-secondary, a tax system that’s insufficiently progressive and provides too many…

People with disabilities could boost economy by $50 billion: report

People with disabilities could boost economy by $50 billion: reportCanadians with disabilities are already a large part of the working age population and will increase in importance as the population ages, says a new report by TD Economics. Yet labour market outcomes for these individuals continues to lag. Even moderate success in narrowing gaps between people with disabilities (PWD) and the general population could…

Study urges policy focus on economic growth

Increased economic growth means improved living standards for Canadians, says Fraser Institute author

Study urges policy focus on economic growthAn annual economic growth rate of three per cent would spur about $45,000 in greater per-person Canadian income after 20 years, according to a study released on Thursday by the public policy think-tank the Fraser Institute. The Cost of Slow Economic Growth said that from 2011 to 2018, Canada’s real gross domestic product (GDP –…