The Liberal government’s tax plan a failure

Politicians treat successful Canadians as natural resources to be annually harvested and squeezed for as much money as possible

The Liberal government’s tax plan a failureA few years ago, the federal Liberals told Canadians that they would help the middle class by raising taxes on the rich. According to the early evidence, the plan has flopped. This was entirely predictable. In 2015, the C.D. Howe Institute (formerly chaired by the current federal finance minister) called the policy a “losing proposition.”…

Canmore Alberta’s first four-star hotel opening in November

But it is currently taking bookings for events and small group accommodation

Canmore Alberta’s first four-star hotel opening in NovemberAn Alberta-based hotel and resort developer is getting ready to open its latest offering, signalling it continuing confidence in the province’s hospitality industry. Clique Hotels and Resorts will open Canmore’s first four-star luxury hotel, the Malcolm Hotel at Spring Creek. It plans to officially open in November but is currently taking bookings for events and…

Greenhouse gas emissions from Canadian oil sands production falling

IHS Markit report says that over the last eight years, emissions fell 21% and it predicts further future improvements

Greenhouse gas emissions from Canadian oil sands production fallingThe level of greenhouse gas emissions from Canadian oil sands production is falling. A new report by research firm IHS Markit says the emissions intensity of upstream Canadian oil sands production will continue to decline in coming years, falling to 30 per cent below 2009 levels by 2030. “The Canadian oil sands have a demonstrated…

Alberta to lead the country in economic growth this year

Nationally, RBC says the economy is expected to grow 2.1% this year and 2.0% next year

Alberta to lead the country in economic growth this yearAlberta is in position to be the economic growth leader among all provinces for a second straight year, says a report on released Wednesday by RBC Economic Research. “Recovery from the tough 2015-2016 recession is continuing with more sectors of the economy contributing. Stronger oil prices are a clearly positive development keeping the recovery on…

Trans Mountain shoe is now firmly on Trudeau’s foot

As proud owners of this stinking mess, Trudeau and Morneau are going to find out first-hand the challenges the oil and gas industry has had to face over the years

Trans Mountain shoe is now firmly on Trudeau’s footAmerican author Robert Byrne once opined: “Until you’ve walked a mile in another man’s moccasins, you can’t imagine the smell.” It’s time to smell the roses on the Trans Mountain pipeline. The federal government is about to stumble 1,770 kilometres in the oil industry’s shoes over the Federal Court of Appeal’s decision to revoke approvals…

Alberta leads the way in production of crude oil

The year-over-year increase in total production of crude oil in June was driven by non-upgraded crude bitumen: StatsCan

Alberta leads the way in production of crude oilCanada produced 21.1 million cubic metres (132.9 million barrels) of crude oil and equivalent products in June, up 10.5 per cent from the same month a year earlier, according to Statistics Canada. The federal agency reported on Tuesday that the year-over-year increase in total production of crude oil and equivalent products in June was driven…

Canada’s crude oil profit margin is being railroaded

Shipping crude by rail means lost revenue for oil producers and hampers the broader Canadian economy

Canada’s crude oil profit margin is being railroadedBy Elmira Aliakbari and Ashley Stedman The Fraser Institute When Canada's Federal Court of Appeal quashed the federal government’s approval of the Trans Mountain pipeline expansion project, citing inadequate consultation with First Nations and concerns over marine tanker traffic, it was the latest blow in a bad few months for Canada’s heavy oil producers. Crude…

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…

Trans Mountain pipeline hurdles never end

The long, convoluted path to rejection demonstrates an approval process that is fundamentally flawed on so many levels

Trans Mountain pipeline hurdles never end“The current state of affairs in Canada is such that building a pipeline to tidewater is practically impossible,” says Alberta Premier Rachel Notley. Truer words were rarely spoken. These ones were spoken at an Aug. 30 press conference as the courts set back the Trans Mountain pipeline expansion. The hurdles, it seems, never end. The…

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…

Connecting the dots in the summer of smoke

Right across Canada, dramatic signs of climate change are casting a pall on the landscape

Connecting the dots in the summer of smokeThe last five summers at Skelhp, on B.C.’s Sunshine Coast, have been progressively drier. We’ve had one significant wildfire nearby, in Sechelt Inlet, which wafted ash in a big brown plume over our regional air shed. The smoke from this fire three years ago caused us to close all the windows in the July heat…

Inflated employee pay at the heart of Alberta government’s debt

From wages to benefits to job security to early retirement, government employee compensation must be constrained

Inflated employee pay at the heart of Alberta government’s debtBy Charles Lammam and Steve Lafleur The Fraser Institute Alberta’s public finances are in rough shape. The government of Premier Rachel Notley expects to run another budget deficit this year (estimated at $8.8 billion) and has no plan to balance the books until at least 2023-24. Since 2014-15, the province has added more than $33…

Local golfer keeps playing at high level

Cort Tunall will be in Swift Current this weekend to play in the final junior tour event in Saskatchewan this season

Local golfer keeps playing at high levelKenneth Brown of The Clarion Cort Tunall of Kindersley is having another good golf season, and he is among the highest ranked bantam golfers on the Maple Leaf Junior Golf Tour (MJT). The 14-year-old golfer played in the Pepsi Junior Lobstick at Waskesiu Golf Course last week from Aug. 13 to 17. Tunall finished as…

Alberta sends bulk of crude oil to pipelines in Canada

Pipelines delivered 7.4 million cubic metres of crude oil to Canadian refineries in June, up 3.2% over last year

Alberta sends bulk of crude oil to pipelines in CanadaPipelines in Canada received 20.8 million cubic metres of crude oil and equivalent products from fields and plants in June, up 4.5 per cent compared with the same month in 2017, according to Statistics Canada. The federal agency reported 0n Monday that the vast majority of product came from Alberta at 86.4 per cent of…

Ottawa’s contradictory climate policy just wastes money

Billions of dollars in spending announcements allow politicians to burnish their green credentials. But they don't get the job done

Ottawa’s contradictory climate policy just wastes money“Around the world, businesses, governments and experts agree that carbon pricing is the cheapest and most efficient way to cut carbon pollution,” Catherine McKenna, Canada’s environment and climate change minister, recently tweeted. If what she says is true, it means all other anti-carbon strategies – including regulations and subsidies – are unnecessarily expensive and inefficient.…
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