Canada’s oil sands sector is producing some of the most ethical and environmentally sustainable oil barrels in the world, according to The 400 Billion Barrel Opportunity for Friendly Oil, and Canada’s Evolving Role by BMO Capital Markets.
The report starkly contrasts several claims by opponents of the oil sands sector who often rely on outdated data, deliberate omissions and at times blatant misinformation to create a negative perception of the industry.Read more
Which industries have the highest labour productivity in Canada, and why does it matter?
Labour productivity measures the hourly output of a nation’s economy, or the contribution to the economy per hour of labour put in. As a function of capital intensity, labour force quality and use of advanced technologies (to name a few), labour productivity is an effective tool to measure which industries “pay the bills” for our country.Read more
• Is the oil industry really “dead” as some are saying? Explores the suggestion by Canadian political leaders Elizabeth May and Yves-François Blanchet earlier last week.
• Several facts from pre, during and post coronavirus that point towards continued growth in global demand for oil for decades to come.
• Shutting down Canada's oil industry would only cede market share to producers who are less environmentally friendly while having no effect on global emissions, also impairing Canada's ability to transition to a lower carbon economy in the future.
Whether you like it or not, oil is a very important part of the Canadian economy. It's been said revenues generated by the oil and gas industry “pay the rent” in our country, not to mention the sector provides hundreds of thousands of direct and indirect jobs from coast-to-coast.
Yet, many Canadians seem unaware of the importance of oil to Canada. Such understanding seems to be lost amid the intense misinformation campaigns by special interest and environmental groups targeting the industry.
Just how much oil does Canada import every year? The answer is shocking actually, considering that Canada has the third largest proven oil reserves in the world.
Looking at the Canadian International Merchandise Trade Database, Canada imported approximately $18.9 billion of crude oil in 2019, down slightly from $19.2 billion in 2018 but up versus $17.1 billion in 2017.
A more detailed look in this chart below:Read more
With the federal government’s decision on Frontier oil sands mine coming soon, it’s more important than ever to explain why all us Canadians should put our full support behind this historic project.
If Teck is not allowed to proceed, it will be another nail in the coffin for Canada's oil and gas industry which has seen massive divestment and cancellations of major projects since 2015.
Where does all that capital investment go? To jurisdictions like the Untied States and elsewhere around the world with less stringent environmental regulations. Shutting down Canadian industry doesn't keep one barrel of oil in the ground.
It's a lost opportunity for our country and the global environment. Here's several reasons why Canada will lose if the Frontier oil sands project is not approved.Read more
Countless years of unbalanced media coverage on First Nations and natural resources in Alberta would lead any unknowing viewer to believe that the Aboriginal communities near oil sands operations are not pro-development. This could not be any further from the truth.Read more
The federal government’s decision on whether or not to approve the new Frontier oil sands mine is coming soon. No less than a global perspective must be taken by our government when choosing. Shutting the project down has the potential to hurt the global environment through carbon leakage, resulting in the transfer of oil output and market share to less environmentally responsible producing nations around the globe.Read more
With the federal government’s decision on the Teck Frontier Mine coming soon (in February), there’s some important details about this new oil sands project that need to be brought into the limelight.Read more
Twitter is one of our most active social media platforms. We post multiple times on Oil Sands Action's Twitter account each day, and would love for you to join us!
But not everyone wants another online account to manage, which is why we are bringing our best tweets and retweets from Oil Sands Action to you right here on our Canada Action blog.
So, without further adieu, here's Oil Sands Action's best tweets and retweets for October 2019. Also check out the best from previous months:Read more