Canada must maximize its oil profit potential

Enbridge pipeline approval is good news but Canadian oil remains largely confined to U.S. market. We need a broader marketplace

Canada must maximize its oil profit potentialBy Elmira Aliakbari and Ashley Stedman The Fraser Institute Regulators in Minnesota recently approved Enbridge’s $9-billion Line 3 replacement pipeline project. The project will add much-needed export capacity for Canadian oil producers in Alberta who continue to face costly transportation constraints. When it comes on stream in late 2019 or early 2020, the project will…

Notley working to get Alberta off the boom-and-bust roller-coaster

Alberta Premier Rachel Notley explains why and how the province can have both a diversified economy and a strong energy sector

Notley working to get Alberta off the boom-and-bust roller-coasterRachel Notley is premier of Alberta. Calgary’s Business: What’s your overall sense of Alberta's economy and where it's at today and more importantly where it’s headed in the future? Notley: We know things are looking up. You may have heard the jobs numbers before: 90,000 full-time jobs created last year, mostly in the private sector.…

Kinder Morgan acquisition could increase federal budget deficit by 36%

Report says the government is probably facing at least $11.6 billion in project-completion costs for the pipeline

Kinder Morgan acquisition could increase federal budget deficit by 36%Canada could see its budget deficit grow by more than a third with the federal government’s purchase of the Trans Mountain pipeline from Houston-based Kinder Morgan, according to a report by the Institute for Energy Economics and Financial Analysis. The report – Canada’s Folly: Government Purchase of Trans Mountain Pipeline Risks an Increase in National…

Trans Mountain opponents out of touch with reality

B.C. still exports coal because to do otherwise would be to kill jobs in the province. The contrast with its pipeline stance is startling

Trans Mountain opponents out of touch with realityMany opponents of the Trans Mountain pipeline expansion justify their opposition by citing concerns about climate change and carbon emissions, but this raises some important questions. What about coal? Vancouver is North America's largest exporter of coal, one-third of it thermal coal for generating electricity. Vancouver exports U.S. coal because Oregon and Washington have stopped…

The next generation of Canadian superheroes

It's time to rally around a new group of fictional characters who tackle our nation's shortcomings with style and commitment

The next generation of Canadian superheroesMuch has been made lately of the arrival of a new Canadian superhero. Amka Aliyak, alias Snowguard, a shape-shifting Inuit from Pangnirtung, Nunavut, will soon be appearing on the pages of a Marvel comic book. With the assistance of her spirit guide Sila, Snowguard can transform into animal form, a useful attribute as she battles…

Pipeline drama provides great politics, dubious policy

This is as close as Canadian politics gets to reality TV, with self-interested actors embroiled in conflict against a common enemy

Pipeline drama provides great politics, dubious policyCanada’s latest political drama has come from the state of jeopardy of the Trans Mountain pipeline expansion. The federal government has announced it will take over the project from Kinder Morgan for $4.5 billion. The B.C. government is asking the courts if it can block the pipeline, creating bipartisan agreement by Alberta politicians for some…

Notice a drop in your standard of living? Blame pipeline delays

Opening up new oil markets will increase investment, drive up the economy and boost the loonie and our standard of living

Notice a drop in your standard of living? Blame pipeline delaysCanada’s standard of living is suffering because of the seemingly perpetual pipeline controversy and related delays. It’s not merely the delay in construction that’s causing problems. It’s also delays in expanding our oil exports to the world and being ambivalent to foreign investment.  Canada’s problem results, in part, from the damaging effects to the Canadian…

No pipeline to energy sector investment

Trudeau government nationalizing Trans Mountain pipeline project is further proof that Canada is closed for business

No pipeline to energy sector investmentBy Elmira Aliakbari and Ashley Stedman The Fraser Institute In a stunning turn in an already unprecedented saga, Finance Minister Bill Morneau announced last week that the federal government will buy the Trans Mountain pipeline expansion project from Kinder Morgan for $4.5 billion, essentially nationalizing the project. The agreement, which federal Natural Resources Minister Jim…

Horgan’s hypocrisy, Weaver’s green energy fantasy hurt all Canadians

The B.C. premier and his Green Party puppet master have created a debilitating, ill-conceived mess over the Trans Mountain pipeline

Horgan’s hypocrisy, Weaver’s green energy fantasy hurt all CanadiansThe political discourse surrounding Canada’s oil industry has morphed into a combination of schizophrenia, hypocrisy and fantasy. This debilitating countrywide phenomenon is clearly exemplified at both the federal and provincial levels. But it’s the recent actions of B.C. Premier John Horgan and his puppet master, Green Party Leader Andrew Weaver, that earn my nomination for…
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