The expansion, now expected in late 2023, will help meet continued world oil use, benefiting Canadians
The case for the Trans Mountain Pipeline expansion remains strong as oil demand is on its way to a new record high, according to industry analysts. Following nearly two years of world consumption exceeding supply, global oil demand is expected to reach a first-ever 101.6 million barrels per day in 2023, according to the International Energy Agency…
It's time our politicians did what's right and cut taxes to help Canadians afford their daily needs
As far as Canadian politicians are concerned, the soaring cost of living is like winter slush, summer mosquitos and other unfortunate forces of nature. They would love to help, but what can they do? Here’s an idea: our politicians just need to follow the lead of other countries and cut the stack of hidden taxes…
Canada can be the solution as the world looks for reliable energy while maintaining GHG targets
Canada and its partners in the G7 are calling on OPEC for solutions to the growing energy security crisis they say is a “grave concern” for households – particularly low-income households – around the world. The G7 is made up of Canada, France, Germany, Italy, Japan, the United Kingdom and the United States. It’s asking Organization…
21,000 jobs, $890 million in taxes and about $2.5 billion in annual GDP
There’s been a big step forward for a major proposed Canadian liquefied natural gas (LNG) project that’s seen as an opportunity for economic reconciliation with Indigenous communities and help to reduce global greenhouse gas emissions. Partners in the Ksi Lisims LNG project, including the Nisga’a Nation, have applied for a 40-year LNG export licence and…
There are 2,449 coal-fired plants operating worldwide, 189 under construction and 292 planned
Coal use around the world is rising in what the head of the International Energy Agency (IEA) calls “a sobering reality check” for targets to reduce emissions. Against that backdrop, global demand for liquefied natural gas (LNG) is soaring, in part because it can help displace coal power and reduce emissions by half – or…
Natural gas is an absolutely critical part of any clean energy mix
The future looks brighter for Canada’s emerging liquefied natural gas (LNG) industry. A second project, Woodfibre LNG, has received the green light and a major expansion is being considered for the under-construction LNG Canada plant. It’s no surprise given the red-hot global market for LNG. Last year, LNG prices increased by 435 per cent compared…
The sector will be critical to Canada, and the world, for decades to come
The idea of the need for a “just transition” for Canadian oil and gas workers is based on the false narrative that global demand is now decreasing and, therefore, Canada’s industry will no longer be profitable or essential in the very near future. This is not true. Oil and gas will continue to be critical…
Oil tankers off West coast are bad but drilling for oil off Newfoundland's coast is OK
We all know politics is the art of the possible. Perfection isn’t for the real world. We aren’t surprised when tradeoffs and the occasional compromise creep into government policies. Nor do we require elected members of government, even at the ministerial level, to be experts in their portfolio areas, although we expect them to avail…
Provincial mismanagement and disrespect for childcare operators has finally hit a boiling point
“I jump through the flaming hoops of death and I’m beyond frustrated.” This is one British Columbia childcare provider’s description of the circus the government is running regarding the administration of childcare. B.C. parents looking forward to $10-a-day childcare are in for disappointment. Provincial mismanagement of childcare and disrespect for childcare operators has been going…
Canada is the solution to reliable, affordable, responsible energy security
The federal government’s plan to require a 42 per cent reduction in emissions from Canada’s oil and gas sector by 2030 is based on assumptions divorced from reality and will ultimately hurt Canadians. Setting aggressive targets to cap and reduce the sector’s pollution – while no other major producing nation does the same – is…
It won’t be easy because Canada lacks the infrastructure to ship oil or gas to Europe directly
With serious endeavours to reduce dependence on Russian energy supplies underway, global energy markets are faced with a real challenge: where will the oil come from to fill the emerging supply shortfall? As part of their efforts to punish Russia for its Ukraine misadventure, Western countries are trying to cut off their dependence on Russian…
Economist Steve Ambler says carbon taxes ‘make everything more expensive’
A leading Canadian economist says the case for carbon taxes is limited, with its proponents delivering more rhetoric than reality. In an interview, Steve Ambler, an economics professor at the University of Quebec at Montreal, gave an excellent analysis of one of Canada’s most controversial taxes. He disagrees with a Supreme Court verdict that called…
Ever been in business with a spouse? How about a sibling? How about three siblings, all brothers? Daunting as that sounds, it is a successful business recipe employed by the Brothers Schroenn (Justin 56, Matthew and Gareth, 49) as they attempt to transform the world’s aquatic recreational market. The trio is inventor/creators of SWMBRD –…
Apparently, both the British Columbia ministry of education and the British Columbia Teachers’ Federation would rather not encourage the province’s students to develop and utilize their critical thinking skills. Better to just take the teachers’ truth in the classroom rather than discovering and understanding both sides (or all sides) of a contentious subject. Shame on…
The case for the Trans Mountain Pipeline expansion remains strong as the world enters another year of exceptional growth in oil demand, according to industry analysts. Following nearly two years of global demand exceeding supply, oil inventories are now at the lowest level ever in Europe and Asia, according to a report by IHS Markit. The…
The case for the Trans Mountain Pipeline expansion remains strong as oil demand is on its way to a new record high, according to industry analysts. Following nearly two years of world consumption exceeding supply, global oil demand is expected to reach a first-ever 101.6 million barrels per day in 2023, according to the International Energy Agency…
