Consumer prices higher in Calgary, Edmonton from a year ago

Gasoline prices were up 12% in the 12 months to September, following a 19.9% increase in August: StatsCan

Consumer prices higher in Calgary, Edmonton from a year agoConsumer prices rose in September on a year-over-year basis across Alberta and in the province’s major cities of Calgary and Edmonton, reported Statistics Canada on Friday. The federal agency said the Consumer Price Index was up by 2.8 per cent in Calgary, 3.3 per cent in Edmonton and 3.0 per cent in Alberta. Month-over-month, however,…

What every business can learn from Alberta’s failures

Add value, diversify, take control of your destiny, do long-term planning and be fiscally responsible

What every business can learn from Alberta’s failuresIt should come as no surprise to anyone that the failure of the Alberta government over the past 40 years to protect the interest of its citizens has resulted in a province that’s up to its neck in debt. The woes of the province cost the Progressive Conservative Party its reputation, future generations their Heritage…

Stark contrast between U.S. energy boom, Canada’s lethargy

Canada’s energy sector is struggling primarily because of poor government policies. The U.S. shows a way out of this mess

Stark contrast between U.S. energy boom, Canada’s lethargyBy Elmira Aliakbari and Ashley Stedman The Fraser Institute Over the past few years, the governments of Canada and the United States have taken markedly different approaches to energy development, particularly with oil and gas. Consequently, the U.S. energy industry is booming while Canada’s continues to struggle despite increases in oil and natural gas prices.…

Drilling contractors remain resilient, optimistic

Mark Scholz of the Canadian Association of Oilwell Drilling Contractors says the organization’s members remain committed to the oil and gas industry

Drilling contractors remain resilient, optimisticMark Scholz is president of the Canadian Association of Oilwell Drilling Contractors (CAODC). Calgary’s Business: What’s the vision and mission of the Canadian Association of Oilwell Drilling Contractors? Scholz: Our vision is to be the most influential trade association in Canada because we want to help create the best possible environment for our members to operate…

LNG Canada a win for consumers, workers, business, environment

Canada has been late to fully capitalize on the potential, based on high export prices and the desperate demand for clean fuel

LNG Canada a win for consumers, workers, business, environmentCanada’s planned liquefied natural gas export project is a huge boost for the economy and the environment. The consortium of large multinational firms (Shell, PetroChina, Petronas of Malaysia, Korea Gas, Mitsubishi) that owns part of the LNG Canada project to be built on the northwest coast of British Columbia recently announced that contracts have been…

A new entrepreneurial spirit is shaping Calgary’s economic future

Bob Schulz of the U of C's Haskayne School of Business talks about how expanding our economy requires an aggressive perspective

A new entrepreneurial spirit is shaping Calgary’s economic futureBob Schulz is a professor in the Strategy and Global Management (SGMA) and Business and Environment (BSEN) areas. He has been teaching at the Haskayne School of Business at the University of Calgary since 1973. Calgary’s Business: What’s your sense of where Calgary’s economy is these days? Schulz: In my opinion, Calgary’s economy is currently in…

We can prosper and still protect the environment

Increasing prosperity allows people once too poor to avoid environmental dead-ends to instead care for the environment

We can prosper and still protect the environmentYou may know this frightening if self-evident bit of advice: “Only when the last tree has been cut down, the last fish caught and the last stream poisoned will we realize we cannot eat money.” The quote is ostensibly from Canada's First Nations peoples (the Cree are often cited) but popularized by Greenpeace. The point…

Too many oil and gas opportunities left on the table

Tim McMillan of the Canadian Association of Petroleum Producers talks about the need to attract investment, spur innovation and grow jobs

Too many oil and gas opportunities left on the tableTim McMillan is president and CEO of the Canadian Association of Petroleum Producers. Calgary’s Business: How would you describe the state of the oil and gas industry right now? McMillan: We’re at a crucial point in Canada right now. Oil prices have recovered but the Canadian industry is not rebounding as fast as other oil…

Unlimited cheap natural gas is a win for everyone

Even climate extremists should embrace natural gas, since it’s slowly replacing coal and oil, and cutting carbon emissions

Unlimited cheap natural gas is a win for everyoneThe shale revolution, technology unleashing vast new oil and natural gas production, is delivering lower energy costs to countries, industries and consumers. Without revolutionary hydraulic fracturing (fracking) and horizontal drilling, Canadians’ heating bills would be twice what they are now. Gasoline prices – soaring now due it is half as deleterious as oil. And if…

Vancouver mayor’s pipe dreams and twisted perspectives

Vancouver Mayor Gregor Robertson's attacks on Trans Mountain pipeline based on falsehoods and nonsensical enviro-rhetoric

By Kenneth P. Green and Elmira Aliakbari The Fraser Institute Not content with his ongoing opposition to the Kinder Morgan Trans Mountain pipeline expansion at home, Vancouver Mayor Gregor Robertson is agitating against the project in the United States. “I don’t think this project will go – I really don’t – based on the resistance…