EU chief negotiator Michel Barnier arrives for Brexit talks in London © REUTERS Brexit talks roll on this week as the still divided EU and British negotiating teams seek to ratify an agreement ready for January 1. The talks are bogged down over fishing rights and on securing “level playing field” guarantees for business, as […]
Read MoreAs Prime Minister Trudeau reveals his ‘net-zero’ plan for 2050, it is clear that Canada is still very much reliant on its oil industry. The new bill requires Canada to meet multiple targets to reach its goal of net-zero emissions by 2050 , one of the aims of the internationally-signed Paris climate agreement. However, critics […]
Read MoreAs a candidate for U.S. president, Joe Biden talked about wanting to get the country off its dependency on oil. But how things will actually play out under President Biden — and what this means for Canada’s energy sector — is still up in the air. Will that stance mean less U.S. oil production, which […]
Read MoreNew Democratic Party premier John Horgan speaking in Comox, British Columbia, 2017. (BC NDP / Flickr) British Columbia remains the only province in Canada governed by the New Democratic Party (NDP), after the social democrats won a decisive election on Saturday, October 24. Even with several ridings too close to call, and hundreds of thousands […]
Read MoreThe stock market rallied significantly in the past few months recovering almost 95% of the March sell-off. The TSX Composite Index (TSX:^OSPTX) dipped 33% in March and surged 30% between April 1 and September 2. This rally was backed by the Justin Trudeau government’s emergency benefits that put cash in the hands of Canadians. However, […]
Read MoreCALGARY — An inquiry into who is funding environmental opposition to the province’s oil and gas sector will be completed some time next year, at least six month later than its original target, Alberta Premier Jason Kenney said Saturday. CALGARY — An inquiry into who is funding environmental opposition to the province’s oil and gas […]
Read MoreGrounded WestJet Boeing 737 Max aircraft are shown at the airline’s facilities in Calgary, Alta., Tuesday, May 7, 2019. , THE CANADIAN PRESS/Jeff McIntosh The era of government-mandated curbs on oil production is ending in Alberta. The province announced Friday morning it will unshackle the industry from limits on its output starting in December. The […]
Read MoreThe Suncor Energy Inc. Millennium mine is seen in this aerial photograph taken above the Athabasca oil sands near Fort McMurray, Alberta, Canada, on Monday, Sept. 10, 2018. , Ben Nelms/Bloomberg While the energy sector remains a key driver of Canada’s economy, investor sentiment continues to shift away from the traditional big oil players. In […]
Read MoreSASKATOON – Saskatchewan Party Leader Scott Moe says if the Democrats win next month’s U.S. election, he has concerns about the future of the Keystone XL pipeline. Moe is himself running for re-election on Oct. 26 and, while on the campaign trail, weighed in on comments about the project made by presidential candidate Joe Biden. […]
Read MorePipe for the Trans Mountain pipeline is unloaded in Edson, Alta. At the same time that demand is declining and oil producers are cutting back, Canada is substantially expanding its oil pipeline capacity. (Jason Franson/The Canadian Press) This column is an opinion by Thomas Gunton, professor and director of the Resource and Environmental Planning Program […]
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