How Could Canada's Oil & Gas Emissions Cap Affect the Economy? Canada's plans to roll out an oil and gas emissions cap could not come at a worse time. While millions of families struggle to make ends meet, Canadian leaders are sounding the alarm on the unnecessary policy, calling it a de fac...
Canada is a global energy powerhouse that supplies the world with approximately 6% of its oil and 4% of its natural gas. Home to just 0.5% of the population, Canadians undoubtedly play an oversized role in producing the energy our world needs. But the oil and gas sector also plays an oversized r...
Alberta’s economic analysis of Canada's up-and-coming oil and natural gas emissions/production cap is raising alarm bells to the tune of $1 trillion. Yes, that’s right. And the adverse economic consequences of the unnecessary and short-sighted policy – coming amid a time when global oil and gas ...
Who benefits when Canada drags its feet on energy development? It sure isn’t Canadians. When Canada doesn’t manage to build major energy infrastructure projects, we miss out on potentially life-changing economic opportunities that would strengthen our economy and create a more prosperous future ...
Did you know that the modern healthcare sector relies heavily on petroleum products? Whether it be a natural gas plant generating electricity to power a hospital, the fuel used to operate a road ambulance to transport patients, or one of the countless life-saving medical devices made from petrol...
By 2050, the world and its energy mix will be vastly different than today according to Exxon’s latest global outlook --- but not in the way you might expect. The oil major expects global energy demand to grow 15% by 2050 as the world’s population booms from 8 billion today to 10 billion and deve...
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...
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...
This blog has been edited due to Bill C-59 Key Points • Natural declines in oil & gas fields mean significant volumes of new supply need to be brought online every year to keep up with global energy demand • The world still gets more than 80 per cent of its energy from fossil fuels, despite t...
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...