VIDEO: The Oil & Gas Emissions Cap is an Ill-Conceived Policy
Canada’s oilsands sector will reach a massive milestone sometime in the fourth quarter of 2024: $1 trillion in cumulative spending injected into the Canadian economy. According to Heather Exner-Pirot, the Director of Energy, Natural Resources and Environment at the Macdonald-Laurier Institute, a...
A changing U.S. administration has many Canadian leaders wondering if now is the right time for a federal emissions cap. Even Bill Morneau, Canada’s Finance Minister from 2015 to 2020, questions whether the draft legislation is the right policy given the circumstances in an interview with CTV. W...
The business case for developing Canada’s liquefied natural gas (LNG) sector continues to strengthen, with Taiwan joining the ever-growing list of countries that have said they want or would consider buying Canadian-made LNG. According to reporting by The Globe and Mail, Taiwan is “eager” to buy...
Canada has announced plans to cap production emissions in the oil and gas sector. Many leaders and organizations see the ill-conceived policy as a de facto production cap on Canada’s job-creating, prosperity-generating oil and gas industry, leading to widespread adverse economic impacts on the C...
Canada’s oil and gas emissions/production cap is in the spotlight for all the wrong reasons. A media release by the Montreal Economic Institute (MEI) highlights that the policy could have significant adverse effects on employment in Canada, with countless jobs lost over the next several years. W...
Did you know that Canada is a global leader in aluminum production? Canada is currently the fourth-largest producer of primary aluminum in the world - despite not mining any bauxite ore within its borders [1]. The aluminum mining (or smelting) sector in Canada supports 29,500 direct and indirect...
Canada's oil and gas emissions/production cap on its job-creating, prosperity-generating oil and gas sector is receiving relentless criticism from leaders nationwide. The general consensus is that the cap could: Reduce Canadian oil and natural gas production for compliance Make Canadian energy ...
After years of strife, the Trans Mountain Pipeline Expansion (TMX) project finally made it to completion. Bravo! Despite regulatory hurdles, activist obstructions, court challenges, and near cancellations, the pipeline is now shipping Canadian oil to buyers worldwide, including India, China, Bru...
Canada’s eastern oil and natural gas province of Newfoundland and Labrador isn't often thought of for its mining industry, so you may be surprised to hear that it is the fourth-largest mineral producer in Canada. Producing several billions of dollars worth of minerals and metals annually, Newfou...
Are Indigenous communities the only ones benefiting from pipeline projects like the Prince Rupert Gas Transmission Project? Nisga’a Nation in British Columbia joined Western LNG and Rockies LNG to partner on the Ksi Lisims LNG facility, potentially creating $55 billion of economic activity over ...
How Could Canada's Oil & Gas Emissions Cap Affect the Economy? Canada's plans to roll out an oil and gas emissions cap could not come at a worse time. While millions of families struggle to make ends meet, Canadian leaders are sounding the alarm on the unnecessary policy, calling it a de fac...
Canada is a global energy powerhouse that supplies the world with approximately 6% of its oil and 4% of its natural gas. Home to just 0.5% of the population, Canadians undoubtedly play an oversized role in producing the energy our world needs. But the oil and gas sector also plays an oversized r...