While Canada is still coping with COVID-19, many Canadians are uncertain what an economic recovery is going to look like in the months and years ahead. But one thing we can count on during this time is our resilient natural resource industry which can prop up our economy for a stronger recovery ...
Key Points • 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 fo...
Just how important is oil and gas to the Canadian economy? We gave the best answer we could in a previous blog, but new studies by the Canadian Energy Research Institute (CERI) shed even more light on the topic. Two CERI reports released in July of 2019 forecast the economic contribution of both ...
The IMD World Competitiveness Rankings 2019 named Canada the 13th most competitive country out of 67 nations, the lowest ranking for the “Great White North” since the annual survey began in 1997. Canada dropped from 10th in 2018 to 13th this year, being outperformed by Ireland and Qatar which jum...
It’s hard to fathom just how much a lost investment of $196 billion is. But thanks to a newly released policy brief by Canadian think tank SecondStreet.org, it’s much easier to put that figure into context. This analysis uses real-world comparisons to help us grasp just how much $196 billion is. ...
Did you know that 4 of Ontario’s oil refineries make up about 20 per cent of Canada’s total refining capacity, and that about 80 per cent of their feedstock comes from the western part of the country? When it comes to refinery output and the economy, the larger the numbers, the better the economi...
The short answer is yes! But who’s in for short answers nowadays? In today’s current climate of misinformation and fear mongering about Canada’s natural resource sector, most of which has been spread by foreign-funded “environmental” groups who only oppose Canadian energy, the whole truth needs ...