Canada can manage its debt load by stretching out its loans

Locking in government bonds at current low interest rates, over extremely long terms, can help us manage our debt in challenging times

Canada can manage its debt load by stretching out its loansThe massive debt Canada’s federal government and other governments around the world took on to face the fallout from the COVID-19 pandemic is the elephant in the room. This debt could soon become intolerably hard to service, if interest rates revert to more historic levels or even escalate past those levels. Investors will demand higher…

Reviving food service sector key to economic recovery

Living in fear is terrible and restaurants offer a great escape when Canadians can go out again, while taking proper precautions

Reviving food service sector key to economic recoveryAs we inch toward a more normalized economy, the focus will be on how we can make people feel more comfortable about going out and about again. Our economy needs it and our food service sector desperately needs it – but it’s not going to be easy. In a survey conducted in mid-May by the…

Post-COVID-19 housing squeeze will hurt lower-income residents 

Post-COVID-19 housing squeeze will hurt lower-income residents The pandemic has obviously changed many things in a relatively short period, including housing demand in municipalities across Canada. Consider the Greater Toronto Area, where the detached housing market is red hot while the market for smaller apartments and condos is not. But as apartment renters enjoy this new landscape of lower prices and more…

America may not like it but pipelines are crucial

Are we prepared for the economic consequences of shutting them down?

America may not like it but pipelines are crucialBy Mark Milke and Lennie Kaplan Canadian Energy Centre There’s nothing like real life as a corrective to Disney-like musings, where fantasies are concocted absent any connection to reality. The newest example comes from a recent ransomware attack directed against Georgia-based Colonial Pipeline. The American pipeline company, which ships 100 million gallons of refined fuel…

Democracies can’t abandon oil and gas production

We have to beware tyrannies and autocracies that use oil and natural gas as weapons

Democracies can’t abandon oil and gas productionBy Mark Milke and Lennie Kaplan Canadian Energy Centre History shows tyrannies and autocracies use oil and natural gas as weapons when interacting with democracies. This is obvious during wars – tanks and jets don’t run on vegetable oil – as well as peacetime. For example, in 2009, Russia cut natural gas supplies to Ukraine in…

Beware the promises of a post-COVID-19 utopia

The Great Reset is a financial plot dreamed up by economists. It's a catalyst to facilitate a social agenda from radical progressives

Beware the promises of a post-COVID-19 utopiaThe Great Reset is often labelled a conspiracy theory but it’s real. All it takes is a cursory Google search to see that the World Economic Forum (WEF) and other global economic bodies have adopted the term with precisely the same meaning as the one used by those people called conspiracy theorists. Openly contemplating the…

No major relief in sight for oil markets

Ominous clouds continue to hang over the global oil horizon

No major relief in sight for oil marketsWhere will world oil markets be in a year? With so many variables impacting the markets, no one has the crystal ball to see the crude oil price trajectory a year ahead. On April 20, 2020, panic had gripped the energy market as a frightening realization dawned on oil traders: The world was rapidly running…

O’Toole pledges swift and effective action on climate change

The Conservative plan puts the decision-making back in your hands

O’Toole pledges swift and effective action on climate changeCanada’s Conservatives have a plan to take swift action on climate change and trust Canadian families to be part of the climate change plan. Canadians can’t afford Prime Minister Justin Trudeau’s carbon tax hike and we must rebuild our economy after COVID-19. Our plan will achieve the same emissions reductions as the Liberal carbon tax…

Canada’s gas flaring practices among the best in the world

In 2019, Canada recorded a 49% reduction in flaring from just five years earlier. And Canada is responsible for just 0.7% of worldwide

Canada’s gas flaring practices among the best in the worldBy Mark Milke and Ven Venkatachalam Canadian Energy Centre If you’ve spent time in Western Canada near an oil or gas well or refinery, you might have noticed a smokestack-like pipe with a flame at the top. Or you might have seen such a flame in pictures of refineries in Saudi Arabia, Nigeria, Texas, or…

Alberta can forget becoming the 51st American state

Joe Biden’s affinity for a Green New Deal and a great reset shows the same hostility for hydrocarbon energy that Trudeau does

Alberta can forget becoming the 51st American stateAs many as a third of Albertans steadily favour breaking away from Canada, according to polls. Some even believe that joining the U.S. as a 51st state is the best option, but that seems less likely now. The impulse to reject Canada is as old as British North America and is rooted in issues that…
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