Finding common ground on pipeline expansion

No issue in Canada has been framed as more black and white than pipeline development

Finding common ground on pipeline expansionIt’s often said that you can have it all, but not all at once. The key to finding work/life balance is to measure success not by the day or week, but over the longer term. So it is with our choices for Canada. We are often told that we have to choose between being socially…

Active rigs in Alberta down by 34% on average: ATB

According to the Canadian Association of Oilwell Drilling Contractors, each active rig represents about 21 direct jobs and 124 indirect jobs

Active rigs in Alberta down by 34% on average: ATBNew data released on Wednesday by ATB Financial’s Economics & Research Team indicates the Alberta oil and gas drilling industry is still struggling. In its daily economic update The Owl, the team said the average number of active rigs over the first nine months of 2019 was 92, compared to 140 over the same period…

Ruling exposes Ottawa’s Indigenous consultation failure

Ruling delaying the Trans Mountain pipeline once again makes it clear we need legislation to clarify what indigenous consultation means

Ruling exposes Ottawa’s Indigenous consultation failureBy Ashley Stedman and Elmira Aliakbari The Fraser Institute In yet another example of the federal government’s failure to get Indigenous consultation right, the Federal Court of Appeal recently ruled that six of 12 legal challenges to the Trans Mountain pipeline expansion can proceed. The result? Canada’s energy sector will continue to face transportation constraints,…

Pembina buying Kinder Morgan Canada for $4.35 billion

Pembina buying Kinder Morgan Canada for $4.35 billionPembina Pipeline Corp. is buying Kinder Morgan Canada and the Cochin Pipeline for $4.35 billion, it was announced on Wednesday. Pembina said the transaction values Kinder Morgan Canada at approximately $2.3 billion, or $15.02 per share, and Cochin U.S. at approximately $2.05 billion. Pembina will acquire assets including the Cochin Pipeline system, the Edmonton storage…

Canada not reaching full potential for crude oil production

An ongoing lack of pipeline capacity has restricted the growth of Canadian crude production: ATB

Canada not reaching full potential for crude oil productionUnlike in the U.S., Canada has not been able to reach its full potential when it comes to crude oil production, says ATB Financial’s economics and research team. In its daily economic update The Owl, the financial institution said the U.S. shale oil revolution made possible by horizontal drilling and hydraulic fracturing pushed U.S. field…

Oil and gas pipeline services market continues to face challenges

New report says there’s been a significant increase in the volume, complexity and duplication of regulations

Oil and gas pipeline services market continues to face challengesA report released on Tuesday says the oil and gas pipeline services market in Canada is expected to have a negative compound annual growth rate of 7.9 per cent during 2019-2024. The Canada Oil & Gas Pipeline Services Market – Growth, Trends, and Forecast (2019 - 2024) by ResearchAndMarkets.com said the oil and gas pipeline…

Bill C-69 is a loose, vague obstacle to development

The law is so full of giant holes that it could make things much worse for anyone planning a large project to improve our economy

Bill C-69 is a loose, vague obstacle to developmentCanada is no longer a low-risk, high-return venue for investment. The federal government has boxed itself into a corner in its attempts to square the process for reviewing and approving large mining, pipeline or other projects. It has run counter to the private sector’s desire for any such process to be clear, simple, relatively quick,…

The Trans Mountain truth defies activists’ claims

For an issue that’s been so polarizing, the arguments against the pipeline expansion are surprisingly flawed

The Trans Mountain truth defies activists’ claimsNothing has been as divisive to national unity as the Trans Mountain pipeline expansion in the 25 years since the Quebec independence referendum. But unlike separation, this project – approved again last week by the federal government – is good for the country and will benefit all Canadians. Moving to Vancouver two years ago from…

Reimagining how Indigenous business creates value

Trent Fequet talks about how Steel River Group has evolved and grown in just two short years, despite tough economic conditions

Reimagining how Indigenous business creates valueTrent Fequet is president and CEO of Steel River Group. What’s Steel River Group and what does it do? What’s its history? Fequet: Steel River Group is a privately-held and Indigenous-owned-and-operated company. Born out of the deep belief that we need to reimagine how an Indigenous business can create and contribute value to their community,…
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