Pipeline Shortage Costs B.C. Lower Mainland Residents $1.5 Billion Per Year: ...

Key Facts Pipeline infrastructure restraints affected refined product shipments from Edmonton to cities in British Columbia, creating a supply/demand squeeze and affecting gasoline prices Since 2015, pipeline bottlenecks have resulted in an additional $1.5 billion in gasoline and diesel costs fo...


Canada's Economy is Struggling. Natural Resource Development Can Help Turn Th...

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 Ranks Third-Lowest in OECD for Per Capita GDP Growth

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...


Canadian Oil & Gas and Public Infrastructure: What Does $45 Billion Pay For?

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...


10 Quotes on the Importance of Natural Resources to the Canadian Economy

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...


How Natural Resources Fuel the Canadian Economy: 15 Facts

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...


Conventional Oil & Gas Sector Added $97 Billion to Canadian Economy in 2022: ...

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...


Canada’s Falling Productivity Eroding Living Standards, Attracting Private Ca...

This blog has been edited due to Bill C-59 The National Bank of Canada’s (NBF) financial division has released a report highlighting concerns about the country’s labour productivity and investment trends [1]. Sourced from government data, NBF shows that despite Canada posting its first labour pr...


Majority of Canadians See Oil & Natural Gas as Important to Current Economy: ...

This blog has been edited due to Bill C-59 A series of polls done by Nanos Research and commissioned by the University of Ottawa since November 2020 show that a large majority of Canadians see oil and natural gas as critical to the current economy [1][4]. According to the latest poll conducted i...