Labrador Trough’s vast iron-ore potential about to get a huge boost

China's fight for cleaner air creates an unparalleled opportunity for investment in Canadian super clean iron ore

Labrador Trough’s vast iron-ore potential about to get a huge boostChina’s war on air pollution will lead to a big win for the high-grade iron ores produced abundantly in Canada’s Labrador Trough region. Chinese President Xi Jinping is pushing to improve air quality. That has created an opportunity for Canadian iron ore projects to enter the market, offering an alternative to lower grade product that…

Why an SNC-Lavalin failure would be good for Canada

Canada shouldn't tolerate bullies. And we need to stand firm in the face of business practices we find unacceptable

Why an SNC-Lavalin failure would be good for CanadaWhen I was in secondary school, there was a bully who had to have his way. He figured because he was bigger and stronger than most other kids his age, he should be able to do whatever he wanted. He coerced other kids to do his dirty work and sometimes even his homework. He intimidated…

Oil and gas the backbone of the Canadian economy

Oil and gas contributed some $117 billion to Canada’s GDP last year, six times the economic contribution of the Ontario auto industry

Oil and gas the backbone of the Canadian economyWhat was Canada’s biggest business news story of 2018? According to the pundits at The Canadian Press, it wasn’t the giveaway of Canadian oil to Americans for tens of billions of dollars below world prices, caused by a lack of pipelines from Alberta. It wasn’t the loss of tens of billions more in oil and…

Canadian energy production increased in 2017

Ontario, Alberta and Quebec continued to account for the majority of energy consumed in Canada

Canadian energy production increased in 2017Primary energy production in Canada increased five per cent in 2017 to 20,741 petajoules, following a 3.1 per cent increase in 2016, according to Statistics Canada. In a report released on Thursday, the federal agency said crude oil accounted for the largest proportion of primary energy production in Canada in 2017 at 46.4 per cent,…

Poll on oil in Quebec shows some surprising results

66% of Quebecois favour Western Canadian oil over foreign oil, and 45% believe pipelines are the safest means of transporting oil

Poll on oil in Quebec shows some surprising resultsHere’s some interesting poll results taken for the Montreal Economic Institute regarding the controversy over oil and recent negative statements about the Quebec’s Premier about oil which has angered people in Alberta. The Leger poll found that 66 per cent of respondents favoured Western Canadian oil, versus just seven per cent who preferred to import…

Bombardier slashing 5,000 jobs

Massive restructuring program also includes sale of non-core assets and new emphasis on technology

Bombardier slashing 5,000 jobsMontreal-based Bombardier, an aerospace and transportation giant in the industry, announced on Thursday that it was slashing 5,000 jobs from its global workforce. In a news release reporting its third quarter financial results, the company said the reduction in staff will take place across the organization over the next 12 to 18 months, “leading to…

Alberta third most popular destination for Canadian travellers

Canadians made 65.8 million trips in Canada and abroad in the first quarter, spending $19.1 billion: StatsCan

Alberta third most popular destination for Canadian travellersAlberta appears to be a popular destination for Canadian travellers. According to new data released on Monday by Statistics Canada, Canadian residents made 56.3 million trips to destinations in Canada in the first three months of 2018, 69.5 per cent of which were same-day trips. “Ontario, Canada's most populous province, recorded 23.3 million visits during…

Out of the roiling heat of Montreal, into the heart of artistic genius

And a full dose of air-conditioned museum comfort certainly doesn't hurt the appreciation of Picasso

Out of the roiling heat of Montreal, into the heart of artistic genius[smartslider3 slider=40] Last week, thousands of Montrealers began to experience what I expect will gradually become a new phenomenon in global art gallery visitation – viewing art to get out of the heat. The heat wave (CBC news referred to it as “a heat event”) really descended on the city on the previous weekend, with…

The folly of embracing universal daycare

Quebec’s experience with government-subsidized daycare should serve as a warning for B.C.

The folly of embracing universal daycareThe recent British Columbia provincial budget makes it clear that the government is forging ahead with plans to pursue universal government-subsidized daycare. But B.C. is not the first to go down this path and there are lessons to be learned. While the 2018 budget didn’t explicitly call for $10-a-daycare – a key plank in the NDP’s…

Are we really jeopardizing NAFTA over a regressive farm policy?

The federal government should deregulate supply-managed commodities, and tariffs should be abolished on imports of dairy and poultry products

Are we really jeopardizing NAFTA over a regressive farm policy?By Danny LeRoy and Jason Clemens The Fraser Institute Why are broad trade agreements that benefit almost all Canadians being jeopardized to protect a small subset of farmers, estimated at 13,500 across Canada? The United States has repeatedly indicated that a key tension in North American Free Trade (NAFTA) renegotiations is Canada’s protection of dairy,…