Why Canada’s heavy oil is an integral part of U.S. production

Anyone who thinks the U.S. can do without Canadian oil, especially heavy oil, is misinformed. Canadian oil is critical to the Americans

Why Canada’s heavy oil is an integral part of U.S. productionBy Mark Milke and Lennie Kaplan Canadian Energy Centre The United States banned exports of crude oil in the mid-1970s, as the result of an oil embargo directed at the U.S. by Middle Eastern countries. The embargo began as a result of American support for Israel during the 1973 Yom Kippur War. In response, some…

Building back better through a new Canada-U.K. trade deal

Could lead to a more effective and co-ordinated response to China’s expansionist agenda

Building back better through a new Canada-U.K. trade dealThe phrase “build back better” has drawn ire globally after Western politicians seemingly relished the damaging impact of COVID-19 lockdown policies and the opportunity offered to radically change our economies. Extremist, insensitive and ill-timed policy initiatives from world leaders have effectively destroyed any hope of the general public getting behind measures designed to genuinely improve…

China’s economic interests limit the effectiveness of its threats

We are in a stronger position to deal with China than many assume

China’s economic interests limit the effectiveness of its threatsIn a scene from the pre-COVID world in December 2019, Prime Minister Justin Trudeau sat down for an interview in a crowded, bustling Italian restaurant in Montreal. Clinging on to power with a minority government, Trudeau’s Liberal Party had just survived a bruising election. But with Huawei executive Meng Wanzhou still under house arrest in…

Asia offers huge payoff for Canadian LNG producers

Anti-gas advocates who claim otherwise are daft

Asia offers huge payoff for Canadian LNG producersBy Mark Milke and Ven Venkatachalam Canadian Energy Centre If you’ve heard that Canada should skip plans to export natural gas to Asia, including from a few anti-oil-and-gas academics, you’ll notice one theme pops up: how Canadian firms really shouldn’t waste their time because there’s no money in it. This reasoning is daft. If there…

Free interprovincial trade once and for all

Canada’s GDP per capita would increase by 3.8 per cent simply by removing interprovincial trade barriers

Free interprovincial trade once and for allBy Olivier Rancourt and Krystle Wittevrongel MEI The theme of the post-COVID-19 economic recovery is on everyone’s lips, and there’s no shortage of debate about what should be done. According to some, the government should raise taxes on the rich, as if this were a way to promote growth. For others, this is an opportunity…

Canada must stand up to China now

The Chinese government wants to dominate all other nations, seeking submission on its terms. We must resist

Canada must stand up to China nowThe vote by Canada’s Parliament to declare the actions of the Chinese government a genocide against the Uyghur people highlights the growing discordance between Western democracies and the increasingly repressive and aggressive Chinese regime. The Chinese government also engages in cultural repression, surveillance or discrimination against its Tibetan, Mongolian and Korean minorities. China has benefited…

Canada needs to deepen its ties with India

We can reduce our economic vulnerability to China by deepening our ties with the world’s largest democracy

Canada needs to deepen its ties with IndiaToo often, the relationship between Canada and India has been about our past. It’s become about how, through the years, we have failed to connect with each other. Some stories, like the Komagata Maru or Air India, are profound tragedies that we must never forget. I firmly believe that the key to a secure future…

Market diversity will save Canada from international bullying

Reducing our dependence on any one particular market or supplier makes us much less vulnerable to arbitrary and unfair treatment

Market diversity will save Canada from international bullying“It’s not fair!” How often have parents heard this loud, angry declaration from young children at any real or perceived injustice? Children have an innate sense of fairness that demands to be respected. Hence the practice of asking one child to divide a piece of cake and the other to choose first. Fairness has become…

The dawning of a new trade era in the United States

If Trump was isolationist, Biden will be more open to diplomacy and exchange with America’s allies

The dawning of a new trade era in the United StatesWith the return of the Democrats to the White House, there will be changes in United States foreign policy. Canada, as the third largest U.S. trade partner, will be impacted. The presidency of Republican Donald Trump was characterized by strong protectionism. It featured a renegotiation of NAFTA (North American Free Trade Agreement), which led to…

What the Biden administration means for Canada

What the Biden administration means for CanadaAs Canadians watched this week’s presidential inauguration and the immediate aftereffects (which include a scuttled Keystone XL pipeline), many wonder what a Biden administration will mean for Canada. And for good reason. A dramatic change in governance in the United States will likely have significant implications for Canada so Canadian policymakers in both the private…