Brad Wall sees a bright future for Western Canada

In the conclusion of an exclusive two-part interview, the former Saskatchewan premier talks about how changing political winds will drive the economy

Brad Wall sees a bright future for Western CanadaFormer Saskatchewan premier Brad Wall recently joined Calgary-based Avenue Living Asset Management as a special business adviser, as well as a trustee to the Avenue Living Real Estate Core Trust. The company has more than $1.3 billion in assets with more than 8,500 residential units across Western Canada. Calgary's Business has a two-part question and…

Income grew fastest in provinces with large oil and gas deposits

StatsCan study over 66 years provides insight into which provinces experienced the most growth over three generations

Income grew fastest in provinces with large oil and gas depositsData released Thursday by Statistics Canada may be a couple of years old but it illustrates the importance of the oil and gas sector to the economies of several provinces. “According to a new study, from 1950 to 2016, real gross domestic income (GDI) per capita grew fastest in provinces with large oil and gas…

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…

Alberta plays huge role in keeping federal deficit down: report

Even in the depths of recession, the province sent Ottawa $92 billion more than it received between 2014 and 2017: Fraser Institute

Alberta plays huge role in keeping federal deficit down: reportThe federal government’s deficit in 2017 would have reached a staggering $39 billion – instead of the $19 billion recorded – if not for the disproportionate net revenue contributions from Alberta, according to a new study released Thursday by the Fraser Institute. The study, How Albertans Continue to keep Federal Finances Afloat, said that between…

Alberta’s new government should cut energy sector taxes, rules

UCP promised to regain a competitive advantage, making the province attractive again for investors, entrepreneurs and businesses

Alberta’s new government should cut energy sector taxes, rulesBy Ashley Stedman and Elmira Aliakbari The Fraser Institute Albertans opted for change in last month’s provincial election. Now it’s time for the new government to do what it was elected to do: improve the economy. The United Conservative Party promised during the campaign to regain a competitive advantage over other jurisdictions and make the…

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…

Quebec needs Alberta as much as Alberta needs Quebec

Premier-elect Jason Kenney’s outstretched hand should not be ignored by Quebec

Quebec needs Alberta as much as Alberta needs QuebecIn a speech following his election victory this week, Alberta premier-designate Jason Kenney extended a hand to Quebec, urging the province not to hinder the development of Alberta’s energy sector. We Quebecers should listen to him. Alberta needs Quebec in the same way that Quebec needs Alberta. Alberta is looking for outlets for its hydrocarbons.…

Conservative revival in Alberta was in the cards all along

Albertans are mad as hell and won't take it any longer – at least that's the message to the rest of the country. But is that enough to succeed?

Conservative revival in Alberta was in the cards all alongIn the end, this week’s election outcome in Alberta seems like it was preordained. No, Jason Kenney was wrong when he asserted early in his tenure as leader of the United Conservative Party that the NDP was an “accidental government.” The decision by voters nearly four years ago to hand power to an unlikely suitor…

Taube: Jason Kenney right person to lead Alberta

This is good political and economic news not only for the province, but the entire country

Taube: Jason Kenney right person to lead AlbertaAlbertans will head to the ballot boxes today. Who will they choose to lead the next provincial government? Recent public opinion polls show Jason Kenney’s United Conservative Party leading Premier Rachel Notley’s NDP by a comfortable margin. Pollara Strategic Insights has the UCP ahead by 45 to 38 per cent (April 10), Nanos Research suggests…

Who said Alberta was a bastion of conservatism?

The province has long been on the cutting edge of political innovation, despite what some would have us believe

Who said Alberta was a bastion of conservatism?Will Albertans vote for the United Conservative Party on Tuesday? The NDP election victory in 2015 is widely regarded as an accident. Many think it was an aberration in a deeply conservative province that, it’s predicted, will return to its bedrock conservative roots on election day 2019. The conventional wisdom is that Albertans are solidly…

Albertans can’t hide from climate change as election debate rages

Many politicians would rather look to the past than mobilize to fight our greatest challenge

Albertans can’t hide from climate change as election debate ragesThe Alberta provincial election is a case study of the collective Canadian avoidance of climate change. Albertans are told to focus on either cutting various government programs or making deficit expenditures on new social programs, arguing about the pros and cons of taxes (especially carbon taxes), and a generalized hope for a return of high…

ZayZoon provides access to your money between paydays

Technology company ZayZoon's Early Wages On-Demand is taking off across North America, with more than 80,000 businesses participating

ZayZoon provides access to your money between paydaysImagine, as an employee, being able to access money as you earn it. Technology company ZayZoon, based in Calgary, has created a platform, Early Wages On-Demand, that allows people to access their paycheque before payday. The concept has taken off across North America. The platform is now available to more than two million employees by…

Equalization inequalities must be addressed

Encouraging short-term stability at the expense of economic performance and fairness is folly when alternatives are available

Equalization inequalities must be addressedIn recent years, equalization and other regional subsidies have captured the attention of many Albertans. Much useful research has been done at the University of Calgary and by the former Wildrose Party. There has been extensive comment in Alberta’s media on Canada’s fiscal arrangements, including equalization. Issues connected with regional subsidies are important to all…

Canadian crude oil production on the rise

Exports on the rise to U.S. and elsewhere: StatsCan

Canadian crude oil production on the riseCanadian production of crude oil and equivalent products totalled 264.6 million cubic metres in 2018, up 8.5 per cent from the previous year, according to Statistics Canada. The federal agency reported on Monday that non-upgraded production of crude bitumen (+12.7 per cent) was the main contributor to the overall rise. Since January 2016, the average…
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