Natural resources GDP on the decline in Canada

Oil sands extraction declined largely because of shutdowns and maintenance of some production facilities. Crude oil extraction also falls

Natural resources GDP on the decline in CanadaThe natural resources sector in Canada continues to be challenged. A new report released Friday by Statistics Canada said real gross domestic product (GDP) of the natural resources sector fell 2.2 per cent in the third quarter, following a 2.8 per cent rise in the second quarter.  The federal agency said the decline was largely…

Low commodity prices weight on Prairie entrepreneurs

Limited cash flow also a concern for business owners when it comes to investing in their companies these days, according to BDC survey

Low commodity prices weight on Prairie entrepreneursMany Canadian entrepreneurs will continue investing in their companies in 2020 despite growing uncertainty about world economies. But business owners in the Prairies are the most pessimistic, mostly because of low commodity prices and limited cash flow, says the latest annual survey by BDC. The study on investment intentions found that entrepreneurs in the manufacturing…

Cenovus Energy targets 30% decrease in emissions

Also plans $1.5 billion of additional spending with Indigenous businesses and reclaim 1,500 decommissioned well sites

Cenovus Energy targets 30% decrease in emissionsCenovus Energy announced Thursday it is aiming to reduce its emissions intensity by 30 per cent by 2030. It also plans to achieve a minimum of $1.5 billion of additional spending with Indigenous businesses, reclaim 1,500 decommissioned well sites and complete $40 million of caribou habitat restoration work. “Our environmental practices, low-emissions oil sands operations…

Alberta needs the ‘war room’ to challenge energy ignorance

Too many reporters have bought into poorly-conceived advocacy positions and fail to provide readers with balanced information

Alberta needs the ‘war room’ to challenge energy ignoranceThe Canadian Energy Centre – also called the “war room” – is online, publishing featured stories, reports, briefs, analysis, perspective and even an Energy IQ quiz. It’s all aimed at distributing information about energy (primarily oil and gas) in Canada. The topics are diverse, ranging from pipelines and oil products to climate, renewables, people stories,…

Energy production in Canada declining, says StatsCan

Alberta produced 18.3 million cubic metres of crude oil and equivalent products in October, down 4.9 per cent

Energy production in Canada declining, says StatsCanEnergy production in Canada declined in several sectors in October 2019, compared with the same month in 2018, according to Statistics Canada. The federal agency said production of crude oil and equivalent products (-1.7 per cent), natural gas (-1.3 per cent), and coal (-9.3 per cent), as well as electricity generation (-3.3 per cent) declined…

Albertans have elected a pig-in-a-poke for a second time in a row

For business, an ideology-driven agenda – whether from the right or the left – doesn’t create favourable conditions for investment

Albertans have elected a pig-in-a-poke for a second time in a rowCommon sense is not so common, observed the 18th century French writer Voltaire. Sadly, he could be talking about politics in Alberta today. Albertans have been whipsawed by two back-to-back political parties that govern more by ideology than common sense. The NDP governed from the ideological perspective that the state should tax more and use…

Cold, wet weather stings Prairies’ honey production

Fell by 35 per cent in Alberta, 1.9 per cent in Manitoba and by 1.4 per cent in Saskatchewan

Cold, wet weather stings Prairies’ honey productionA cold, wet spring and summer on the Prairies took a devastating toll on honey production this year in Alberta, Saskatchewan and Manitoba, Statistics Canada reports. Production in Alberta, the largest honey-producing province in Canada, fell by 35 per cent to 25.1 million pounds, which was the lowest level since 2000, according to the federal…

Wexit would solve the country’s malaise

It's time to break apart this dysfunctional nation so the various parts can repair their generations-long problems

Wexit would solve the country’s malaiseBy Colin Alexander Research associate Frontier Centre for Public Policy Canada’s recent federal election result exposes intractable challenges dating from Confederation in 1867. Wexit could allow Alberta to escape from a burden somewhat resembling the maladministration that afflicted Argentina, once one of the world’s richest countries. For the past half century, Canada has not been…

Alberta independence push requires care

Quebec’s experience should offer a roadmap – and a cautionary tale – for Albertans intent on quickly divorcing from Canada

Alberta independence push requires careWhether they endorse or oppose the notion of an independent Alberta, Albertans would do well to proceed with caution. While Quebec went through two referendums in 15 years, it took decades for that province's sovereignty movement to develop. After the near-victory in 1995, the Bloc Québécois leader spoke about the need for “winning conditions” before…

Alberta, Saskatchewan landlocked and abandoned

Blocking Prairie oil is not about the environment. And neither is it about safety. It's all about politics and control

Alberta, Saskatchewan landlocked and abandonedIn mocking response to those wishing to separate, some quip that Alberta would remain landlocked the day after it becomes independent.  With a more respectful tone, Alberta’s premier used similar words in his recent “fair deal for Alberta” speech. Those endorsing and those opposing Alberta’s separation from Canada would benefit from a clear statement of…
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