ATB Financial lends Westleaf Cannabis funds for SK facility

Company plans 115,000-square-foot cannabis cultivation facility near Battleford

ATB Financial lends Westleaf Cannabis funds for SK facilityWestleaf Cannabis is receiving a development loan of up to $24 million from ATB Financial to build its business. “As one of the first traditional lenders to enter the cannabis space, we’re proud of our long-term partnership with ATB as it has been instrumental in bringing our Westleaf vision to life,” said Taylor Ethans, chief…

Canada’s crude oil profit margin is being railroaded

Shipping crude by rail means lost revenue for oil producers and hampers the broader Canadian economy

Canada’s crude oil profit margin is being railroadedBy Elmira Aliakbari and Ashley Stedman The Fraser Institute When Canada's Federal Court of Appeal quashed the federal government’s approval of the Trans Mountain pipeline expansion project, citing inadequate consultation with First Nations and concerns over marine tanker traffic, it was the latest blow in a bad few months for Canada’s heavy oil producers. Crude…

Canadian Pacific moving more grain

Railway plans to spend more than $1.55 billion in capital investments in 2018

Canadian Pacific moving more grainCanadian Pacific railway announced on Monday that it moved 25.8 million tonnes of Western Canadian grain and grain products, soybeans and other non-regulated principal field crops during the 2017-2018 crop year, up one per cent over the 2016-2017 crop-year and one per cent above its three-year average. It also said that September 2017 was CP's…

Alberta sends bulk of crude oil to pipelines in Canada

Pipelines delivered 7.4 million cubic metres of crude oil to Canadian refineries in June, up 3.2% over last year

Alberta sends bulk of crude oil to pipelines in CanadaPipelines in Canada received 20.8 million cubic metres of crude oil and equivalent products from fields and plants in June, up 4.5 per cent compared with the same month in 2017, according to Statistics Canada. The federal agency reported 0n Monday that the vast majority of product came from Alberta at 86.4 per cent of…

Canadian oil production on the upswing

Alberta (80.9%), Saskatchewan (10.7%) and Newfoundland and Labrador (5.9%) accounted for the vast majority of Canadian production of crude oil and equivalent products

Canadian oil production on the upswingCanada produced 21.8 million cubic metres (137.3 million barrels) of crude oil and equivalent products in May, up 13.5 per cent from the same month a year earlier, according to Statistics Canada. The federal agency said on Monday that non-upgraded production of crude bitumen (+22.8 per cent) was the main driver for the increase of…

Canada’s oil and gas industry faces dramatic shift

A new report by PetroLMI, a division of Energy Safety Canada, details the changing face of the energy workforce

Canada’s oil and gas industry faces dramatic shiftCanada’s oil and gas industry has undergone a significant transformation in the past decade. And as the industry has adjusted to the ups and downs of the economy, there were corresponding shifts in the distribution of the industry’s workforce and the daily experiences of those workers, says a new report by PetroLMI, a division of…

In Greyhound’s wake, government should stay off the bus

When governments run transportation services, more tax dollars make trips than people. Let private business fill the gap

In Greyhound’s wake, government should stay off the busWestern Canadian bus riders have received an early Halloween scare: as of Oct. 31, 2018, Greyhound won’t offer passenger routes west of Ontario. For the company, it means 415 fewer employees and two million fewer passenger rides each year. For bus riders in remote areas, a vital link has been cut. Some advocates want the…

Your home is your castle? Maybe not in Canada

People have a right to defend themselves, their family and their property. The Crown may not understand that but two juries have shown they did

Your home is your castle? Maybe not in CanadaTwo recent cases have shone a spotlight on the very limited right that Canadians now have to defend themselves and their property. They are the Gerald Stanley case from Saskatchewan and the recent Peter Khill case in Ontario. In both cases, property owners shot men who invaded their property to commit crimes. In both cases,…

Sask’s Thunderchild First Nation invests $8 million with Westleaf Cannabis

Westleaf plans about 175,000 square feet devoted to production and manufacturing

Sask’s Thunderchild First Nation invests $8 million with Westleaf CannabisCalgary-based Westleaf Cannabis Inc. has received an $8-million investment from Saskatchewan’s Thunderchild First Nation. In a news release, the company said the investment makes Thunderchild the largest shareholder of Westleaf, and is accompanied by a seat being allocated to Chief Delbert Wapass on the company's board of directors. “Since its inception, Westleaf has firmly believed…

Education reform must be on the table in Ontario

The delivery and financing of education could produce better results for students and their families while saving money

Education reform must be on the table in OntarioBy Jason Clemens and Sazid Hasan Fraser Institute As the new Ontario government begins to fully grasp the enormity of the task it faces to return the province to prosperity, education reform must be front and centre. The need to balance the budget while introducing tax relief to make the province more competitive and attractive…