In 2013, the National Energy Board (NEB) of Canada approved Kinder Morgan’s proposal to twin the existing Trans Mountain Pipeline. Since then, what has transpired is a fiasco that has led to delay after delay, time and time again.
Lots of uncertainty over government policies among other things at work led Kinder Morgan to sell the pipeline to the federal government for $4.5 billion in the spring of 2018 and withdraw its capital from Canada all together shortly after.
A few months later, a ruling from the Federal Court of Appeal in August of 2018 overturned the government’s approval of the Trans Mountain Pipeline expansion. Now, the project is on hold for an indeterminate amount of time.
More delays for a critical piece of energy infrastructure that will contribute to Canada’s economic wealth and prosperity for years to come...Read more
Canada's natural resource industries (mining and minerals, forestry, energy) are the backbone of its prosperity. The forestry sector alone accounts for a considerable amount of the national gross domestic product (1.6%) and mass employment across the country (over 230,000 jobs in 2017).
With the third largest forested area in the world (next to only Russia and Brazil), Canada’s forests are without a doubt a critical part of its economy. To preserve them, federal law requires any harvested public lands to be replanted.
This is a prime example of Canada’s commitment to being a responsible environmental steward. In 2014 alone, more than 540 million seedlings were planted nationwide. Many of these were to replace groves cut down by the industry...Read more
Over the past decade the failure of various levels of Canadian governments to get pipelines built has ignited debate on a very important question:
Which is a safer means to transport oil to market? Is it pipelines, or trains / rail cars via railways?Read more
Did you know that Canada ranked 14th on the 2018 Social Progress Index (SPI), with a score of 88.62 out of 100? That’s the highest out of the top 10 countries with the world’s largest proven oil reserves!
Here are the rankings for these nations. While looking at the index results, try to keep in mind this question... where would you like to get your oil from?Read more
Did you know that despite being a major world producer and exporter of crude oil, Canada also imports oil from abroad, most of which enters eastern Canada? This is mainly because there has been insufficient infrastructure built to connect Western Canadian oil supplies to eastern Canadian markets.
As a matter of fact, in 2017, Canada imported 670,000 barrels per day of crude oil from countries such as the USA, Nigeria, Saudi Arabia, Azerbaijan and Norway (see below for 2016).
So why does Canada not have any infrastructure to replace this imported oil with our own? That’s a good question many Canadians are wondering about nowadays, especially with recent events like the record-high WCS vs. WTI differentials in November of 2018.
If you’ve heard of the Energy East project, then you should know that the opportunity to connect east and west with energy infrastructure via pipeline was put on hold when the project was cancelled by TransCanada in October of 2017. What would have been so great about this project being built?Read more
The approval of the $40 billion liquefied natural gas project in Northern British Columbia is a huge win for the First Nations who find their communities along the associated up-and-coming pipelines and export terminal. This mega-project means jobs, careers, business opportunities and revenues for these Indigenous people and their communities for decades to come.
It also means lots of opportunities for all Canadians working in the oil and gas industry, especially in British Columbia and Alberta. At a time where oil pipelines have been suspended or cancelled all together, the BC LNG investment is a shining light in a rather dark outlook for Canada’s petroleum industry.
While this massive energy infrastructure project will benefit all Canadians, more specifically, here’s some hard facts showing a few important reasons why BC LNG matters to First Nations in BC.
- Also see: 3 Reasons Why Canada Needs BC LNG
Canada is a world leader when it comes to renewable energy investment and production. It’s not something that you hear about often in Canada, but it’s an important message to get out to the national and international communities.
Check out these 12 quick facts about Canada and renewable energy:
As the second largest country in the world, Canada is fortunate to have an incredible diversity and wealth of natural resources which play an important part in its high standard of living and national economy.Read more
Have you heard about the multi-billion-dollar LNG project proposed in British Columbia? With a $40-billion price tag, the project is set to become the single largest investment into infrastructure in the province’s history!
There would be massive economic benefits for both the private sector and government, with thousands of jobs being created – peaking at 10,000 workers in 2021. Let’s not forget that oil and natural gas from Canada is produced to the highest environmental and human rights standards in the world!
We could discuss the environmental and economic benefits for British Columbia, Canada and the world when it comes to a new LNG project off the west coast. But to keep things much short-winded, here’s three practical reasons why Canada needs BC LNG:Read more
As pipeline woes continue in Canada, I decided to look online and see if other nations were dealing with the same problems related to getting pipelines built. What I discovered was a wealth of information discussing the economic benefits of new pipelines in the planning stages or under construction in countries of all continents around the world.
These nations, of which have access to a wealth of raw oil and natural gas, seem to have taken note that global demand for petroleum is rising – and will for many years to come – and that selling their natural resources to meet that demand was a good idea anyhow.
I was surprised to see many of these projects were already underway or projected to be completed soon. I mean, the turmoil that Canada has experienced with getting any pipeline built seems everlasting - and quite frankly is extremely frustrating for many like myself.
Just thought I’d share with you some facts on these five major pipelines under construction around the world while asking a very important question… where are the protestors, like we have in Canada?