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Pages tagged "Topic: Oil"
Canada’s Oil Sands Sector is an ESG Leader: Report
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 c...
Canadian Industries with the Highest Labour Productivity
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...
What Natural Resources Does Canada Have in Abundance?
Oil, natural gas, minerals, softwood lumber, water... you name it, chances are Canada has it. After all, it is the second largest country in the world with an incredibly diverse array of landscapes and geology from coast-to-coast. In Canada, natural resources such as oil, pota...
MYTH: The Oil Industry is Dead in 2020
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 glob...
How Important is Oil to the Canadian Economy?
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-coa...
WCS vs. WTI Oil Price – What's the Difference? A Big One for Canada!
Canadian oil has been setting some records over the past few years but in all the wrong ways. In late 2018 for example, the differential between WCS and WTI set a record high, reaching a $50 price differential. And just recently another unwanted record was set for WCS. Amid th...
How Much Oil Does Canada Import? Too Much!
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 cr...
POLL: Most Canadians Support Assistance for Oil and Gas Sector Amid Coronavirus Emergency
Amid the COVID-19 outbreak and OPEC+ price war, there’s no sector in Canada being hit harder than oil and gas. Thankfully the federal government has promised to provide aid to the beleaguered industry during this challenging time. And, great news is that people from coast-to-...
Canada Will Lose if Frontier Oil Sands is Not Approved, Here's Why
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 C...
Indigenous Reconciliation in the Oil Sands: 10+ Examples
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.In a count...