Alberta cuts oil production in face of price differential

‘Every Albertan owns the energy resources in the ground and we have a duty to defend those resources,’ says Premier Notley

Alberta cuts oil production in face of price differentialAlberta Premier Rachel Notley announced on Sunday that the province is mandating a short-term reduction in oil production in response to the historically high oil price differential. The provincial government says that differential is costing the national economy more than $80 million a day. Production of raw crude oil and bitumen will be reduced by…

Time to rethink the federal transfers system

Atlantic Canada enjoys a level of public spending that far outreaches that of the provinces that contribute most to equalization payments

Time to rethink the federal transfers systemIt is time for a fundamental course change by Atlantic Canadians with respect to equalization and other regional subsidies. I recently made a presentation to independent senators in Ottawa on this subject in which I said that Canada’s regional subsidies were ineffective. We've had a half-century of remarkably large subsidies to Quebec and Atlantic Canada,…

Best-selling author shares his message in Kindersley

Former politician Doug Griffiths believes community building is the most important job a person can do

Best-selling author shares his message in KindersleyKenneth Brown of The Crossroads National best-selling author Doug Griffiths (13 Ways to Kill Your Community) has delivered his message to an eager audience at an event in Kindersley. Griffiths, who was raised on a ranch at Coronation, Alta., gave his presentation to a packed room on Nov. 21 at the Norman Ritchie Community Centre.…

Legacy media is in a zombie state, so why waste public money on it?

Leave reporting to independent innovators who build the public trust honestly. Any government subsidy surely undermines that trust

Legacy media is in a zombie state, so why waste public money on it?A little over nine years ago, in the midst of the chaotic collapse of the Canwest media empire, CHCA-TV of Red Deer, Alta., died. It was considered shocking at the time that a legacy TV station (it launched in 1957) could actually close. Other stations – CHEK in Victoria and CHCH in Hamilton – were…

Two crises, one ineffectual government

The failure to approve a pipeline has turned an economic problem into an existential crisis for the country

Two crises, one ineffectual governmentOne crisis in the West. One crisis in the East. Can Prime Minister Justin Trudeau feel the eyes on his back? Alberta and other portions of the West are absolutely reeling from the devastating impact of criminally low oil prices. Oil and gas companies and their suppliers are losing money. Our resources are being stolen.…

The fundamental flaw of populist politics

The populist trinity of direct democracy – initiative, referendum and recall – is incompatible with the Canadian political system

The fundamental flaw of populist politicsThe recent Robyn Luff controversy in Alberta illustrates two much broader issues. One is that this MLA, like many Canadians, doesn’t understand how the Westminster-style parliamentary system works. The other is the remarkable persistence of the notion that MLAs are merely delegates of their constituents. Luff, the Calgary-East MLA, complained about being forced to toe…

Canadian economy staring into the abyss

We are weeks away from a systemic collapse of large parts of the energy industry in Canada. We need to act quickly and decisively

Canadian economy staring into the abyssJust how close is the Alberta oil patch to catastrophic failure? In an informal and I admit very unscientific review of sentiment in Calgary's oil patch conducted by Alberta Council of Technologies (ABCtech) officers last week, a chilling tale of fear emerged. With Western Canada Select crude (WCS) bottoming out at less than $10 a…

ePlay Digital making its mark in the growing esports industry

Company is poised to take advantage of the growing billion-dollar esports industry

ePlay Digital making its mark in the growing esports industryA Calgary-based company has become a key player in the mobile game creator field and a publisher specializing in sports and entertainment augmented reality titles. Trevor Doerksen, CEO of ePlay Digital Inc., says the company is poised to take advantage of the growing billion-dollar esports industry. The company, which was established in 2017, is a…

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…

What’s going on with oil prices in Alberta?

Industry expert Richard Masson explains how supply and demand balance dramatically impacts oil pricing

What’s going on with oil prices in Alberta?Trying to understand the critical situation Alberta faces with current oil prices is daunting for most people, especially if they’re not directly involved with the oilpatch. So Calgary’s Business decided to make some sense out of this confusing scenario and sought the expertise of one of the country’s top experts in the field to explain…