Trans Mountain expansion approval embraced by oil patch

Construction expected to begin this year but analysts warn that it will take years to complete and open new markets

Trans Mountain expansion approval embraced by oil patchThe federal government’s approval on Tuesday of the multibillion-dollar Trans Mountain pipeline expansion project is being called a step in the right direction for Alberta’s economy. The Canadian Association of Petroleum Producers said the approval paves the way for Canada to start competing on the world stage. In a statement, CAPP said the approval “means…

Further Trans Mountain delay says Canada closed for business: CAPP

If the project is not approved for summer construction, the federal government will hinder employment, innovation and technology development

Further Trans Mountain delay says Canada closed for business: CAPPAny further delays on the Trans Mountain Expansion Project will signal that Canada is closed for business, says the Canadian Association of Petroleum Producers in a statement issued on Monday in advance of the government of Canada's expected announcement on the project on Tuesday. The statement read: “The Trans Mountain expansion project must be approved…

Alberta small business owners raising pipeline awareness

Federal government decision on the Trans Mountain expansion expected on Tuesday

Alberta small business owners raising pipeline awarenessWith a decision on the Trans Mountain Pipeline expansion expected on Tuesday, small business owners in Alberta are making it clear to the federal government and to Canadians how important the oil and gas sector is to the economy. On Monday, the Canadian Federation of Independent Business (CFIB) released a new report called A Pipe…

Oil sands production to near four million barrels a day by 2030

IHS Markit report projects slower pace of investment and growth in Canadian projects

Oil sands production to near four million barrels a day by 2030Canadian oil sands productions is expected to reach nearly four million barrels a day by 2030, or almost one million barrels more than today, according to a new 10-year production forecast by IHS Markit. But the business information provider also says production is set to enter a period of slower annual growth. “Large-scale oil sands…

The Senate should do its job and respect the nation’s regions

Bill C-48 is the kind of extraordinary circumstance that requires the Senate fulfil its role as a regional counterbalance to the House

The Senate should do its job and respect the nation’s regionsThe Senate’s fundamental job is to review legislation while respecting its regions. In that sense, it is a unique part of Canadian Parliament. The Senate is a built-in safety valve to protect regional interests against the majoritarian impulses of the elected chamber. It ensures that all parts of this diverse country have a meaningful voice…

Pieridae Energy ramps up LNG project on East Coast

CEO Alfred Sorensen talks about moving the Canadian industry from its infancy and servicing a growing international market

Pieridae Energy ramps up LNG project on East CoastAlfred Sorensen is CEO of Pieridae Energy. What is Pieridae Energy and what does it do? Sorensen: Pieridae Energy is Canada’s only fully-integrated LNG company. We are looking to build the US$8 billion, 10-million-tonne-per-year Goldboro LNG liquefaction facility off the East Coast near Halifax to supply much-needed natural gas to Europe. In a nutshell, our…

Politicians have allowed judges to usurp too much power

Canadians have never been that interested in who sits on our top court. We should be

Politicians have allowed judges to usurp too much powerLeaks from the prime minister’s office concerning the potential appointment of Justice Glenn Joyal, Chief Justice of the Manitoba Court of Queen’s Bench, to the Supreme Court of Canada highlights differences between the treatment of judiciary appointments in Canada and the United States. Why do Canadians not pay more attention to appointments to our highest…

Pipeline shortage cost Canada’s energy sector $20.6 billion in 2018

That means less investment, less job creation and ultimately less prosperity for Canadians

Pipeline shortage cost Canada’s energy sector $20.6 billion in 2018By Elmira Aliakbari and Ashley Stedman The Fraser Institute With pipeline shortages driving down the price of Canadian oil, the losses for the energy sector – and for Canada’s economy – are staggering. According to a new study, insufficient pipeline capacity cost Canada’s energy sector $20.6 billion – or one per cent of the country’s…

Keyera proceeding with $1.3-billion NGL pipeline system

System to run from northwestern Alberta to Fort Saskatchewan and be operational in the first half of 2022

Keyera proceeding with $1.3-billion NGL pipeline systemCalgary-based Keyera Corp. says it is proceeding with the development of the Key Access Pipeline System. The $1.3-billion natural gas liquids and condensate pipeline system will transport Montney and Duvernay production in northwestern Alberta to Fort Saskatchewan. The company says it has partnered with SemCAMS Midstream ULC, owned jointly by SemGroup Corp. and KKR, to…

Alberta to pay a higher carbon tax than Quebec

Liberals “backstop” carbon-tax will lead to $30 a tonne next year for Alberta, 50% higher than the rate currently in place in Quebec

Alberta to pay a higher carbon tax than QuebecBy Jean Michaud and Germain Belzile Montreal Economic Institute New Alberta Premier Jason Kenney has vowed to repeal the provincial carbon levy implemented by the previous NDP government. That tax began in 2017 at $20 a tonne and rose to $30 a tonne before the NDP froze it in protest to delays over the Trans…