Canadian families are struggling to make ends meet, and our economy is in trouble. Whether it be decreasing labour productivity, dropping capital investment, or poor gross domestic product (GDP) growth per capita, it should be no surprise that these “economic” red flags are often accompanied by ...
Canada's economy is in trouble. You may recall that back in March, the Bank of Canada announced it was time to “break the glass” and fix Canada’s faltering labour productivity and decreasing business investment problem, largely by attracting new private capital (hint hint, natural resource devel...
Speaking frankly, it is extremely difficult to fathom just how much a “billion dollars” is. For example, we often hear about the “billions” that our natural resource sectors generate for Canadians, but for 99.9% of us, without tangible comparisons, conceptualizing this amount of money is next to...
Canada’s vast and diverse landscapes hold an immense wealth of natural resources that have long served as the bedrock of the nation’s economy. Accounting for over 19% of Canada’s nominal gross domestic product (GDP) in 2022, the energy, forestry, and mining sectors support 1.7 million direct and...
Oil Tanker & Tug Boats in Salish Sea - Trans Mountain The Trans Mountain Pipeline (TMX) is finally complete and operating as it should. It has been a journey twelve years in the making, with many hurdles to jump, negotiations to make, limited resources during a global pandemic, extra costs, ...
British Columbia is just one of many Canadian provinces blessed with a vast wealth of natural resources. Home to major deposits of valuable rocks, minerals and metals, B.C.'s mining industry has flourished over the years and today remains a major contributor to the province’s economy and overall...
This blog has been edited due to Bill C-59 Canada’s nascent liquefied natural gas (LNG) industry is making great strides forward, with four current projects currently underway. LNG Canada – the largest private sector investment in our country’s history – is one of those projects; with an initial...
This blog has been edited due to Bill C-59 Key Points • Natural declines in oil & gas fields mean significant volumes of new supply need to be brought online every year to keep up with global energy demand • The world still gets more than 80 per cent of its energy from fossil fuels, despite t...
This blog has been edited due to Bill C-59 Did you know that Canada is the world's third-largest producer of diamonds? Canadian diamonds are some the most sought-after globally because of their conflict-free nature – unlike those sourced from many other parts of the world. Our diamond producers ...
This blog has been edited due to Bill C-59 Natural resources are to Canada as water is to a river; they are pivotal to our nation’s flow and vitality, driving economic currents and nurturing ecosystems of commerce and community. The economic impact of our resource industries – energy, mining, f...
This blog has been edited due to Bill C-59 Did you know that Ontario is a hotbed for mining activity in Canada? With 37 active mines across the province, the industry supports countless families in communities such as Sudbury, Windsor, Midland, Timmins, Perth, Marathon, North Bay and Attawapiska...
This blog has been edited due to Bill C-59 As Canada’s most valuable seafood export, lobster is an incredibly important food source for local fishermen in the Atlantic provinces. According to Fisheries and Oceans Canada, the volume of lobster caught every year is an indicator of prosperity, show...
This blog has been edited due to Bill C-59 For the second time this year, a foreign leader has said their country would welcome new access to Canadian-made liquefied natural gas (LNG). In a recent CTV interview with Vassy Kapelos, President Andrzej Duda said Poland would “of course” be intereste...
This blog has been edited due to Bill C-59 By now, most Canadians have heard about the latest federal budget which includes an Indigenous Loan Guarantee Program that doesn’t discriminate between industries. This is great news, as word on the street was that the budget would not include loans to ...
This blog has been edited due to Bill C-59 A new report by the Canadian Chamber of Commerce shows how important the conventional oil and natural gas sector is to Canada’s economy, generating tens of billions of dollars in economic activity and providing hundreds of thousands of jobs for families...