It’s time for economic and social paradigm shifts

For far too many people, life is losing its lustre. Here's a systemic remedy that will take us into a new era of prosperity

It’s time for economic and social paradigm shiftsDay by day, the storm signals are more evident. Let’s start with Peak America. It’s no longer the world’s top economy (China’s gross domestic product is $22 trillion compared to America’s $19 trillion), suffers under bitterly tribalized politics and is led by an oligarch with a growing list of symptoms of aged maladies. Are would-be…

Energy East pipeline represents Canada’s salvation

It’s time to send a clear message to the United States and OPEC that Canada is in charge of its own destiny

Energy East pipeline represents Canada’s salvationYou know things are bad when private-sector companies like Cenovus Energy are begging NDP Premier Rachel Notely to use the powers of government to curtail oil production in Alberta. But the gruesome truth is, at US$14 per barrel, Western Canadian Select (WCS) is essentially a giveaway.  This is bad for business (with the exception of…

Activist ‘wall’ thwarting Canadian oil exports

The delay of Keystone XL, likely by at least a year, is another blow to Canada and a particularly sharp blow to Alberta

Activist ‘wall’ thwarting Canadian oil exportsProgressives (and some conservatives) have largely stymied President Donald Trump on getting his wall across the U.S. southern border built. Ironically, those same progressives have given the president another wall – encompassing Canada and thwarting oil exports to countries other than the United States. The latest slab in the wall is a ruling by a…

Enbridge reports quarter loss of $90 million

Canada’s largest pipeline operator says its capital projects remain on time and on budget

Enbridge reports quarter loss of $90 millionEnbridge, Canada’s largest pipeline operator, is reporting a net loss attributable to common shareholders of $90 million in the third quarter of this year compared with earnings of $765 million a year ago. The loss was five cents per common share compared with earnings of 47 cents in the third quarter of 2017. “Enbridge continues…

Climate change is a global health emergency

Federal pipeline needs independent assessment, global health leaders say

Climate change is a global health emergencyBy Tim K. Takaro and Jennifer Miller EvidenceNetwork.ca After a summer that saw over 90 heat-related deaths in Quebec, drought-impacted crops across the Prairies, and large swaths of Western Canada and Ontario ravaged by wildfires and shrouded in smoke, many of the world’s leading experts gathered in San Francisco at the Global Climate and Health…

Trans Mountain mired in hopeless consultations and useless studies

The court decision against the pipeline veered away from objective legal analysis into opinions designed to justify preconceived biases

Trans Mountain mired in hopeless consultations and useless studiesFor the second time in two years, three judges with the Federal Court of Appeal struck down a crucially important oil export pipeline project that had undergone years of regulatory review. The approval of Northern Gateway by the former federal government of Conservative Stephen Harper was struck down in 2016. That was after Enbridge spent…

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…

The Canadian economy is at the precipice

From uncertain trade talks to lack of affordable housing to rising interest rates to government debt, the warning signs are rising

The Canadian economy is at the precipiceAny projection of the Canadian economy’s trajectory depends heavily upon one’s outlook for the ongoing North American Free Trade Agreement (NAFTA) negotiations. If the United States and Canada renew NAFTA, the outlook for Canada’s economy will obviously improve relative to the current state of uncertainty. Conversely, a collapse of bilateral negotiations, and imposition of tariffs…

Groundhog Day, Trans Mountain pipeline style

Once again, the National Energy Board will review the contentious project. It's paralysis by analysis

Groundhog Day, Trans Mountain pipeline styleOn Groundhog Day on Feb. 2, Punxsutawney Phil in the United States and Wiarton Willie in Canada ceremonially emerge from their dens. If they see their shadows (meaning it’s a sunny day), they return to their dens for an additional six weeks of winter. And who can forget the classic movie Groundhog Day? Bill Murray…

NEB announces next steps in Trans Mountain review

The federal regulator must complete the reconsideration process and issue its report no later than Feb. 22, 2019

NEB announces next steps in Trans Mountain reviewThe National Energy Board, an independent federal regulator for several parts of Canada's energy industry, announced Wednesday it will hold a public hearing to carry out its reconsideration related to the Trans Mountain pipeline expansion project. “The NEB will carry out its reconsideration related to the Trans Mountain expansion project as directed by the order…

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.…

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…

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…
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