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...
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...
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 the coronavirus outbre...
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-coast are in support...
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 ...
We couldn’t have said it any better Bruce! According to Mr. Dumont, a majority of First Nations support resource development projects like the Trans Mountain Pipeline Expansion (TMX) and the now cancelled Northern Gateway.
Trans Mountain Expansion Workers - TMX Pipelines in Canada that move oil and gas are the lifeblood of our modern society. They feed refineries which create the products we use every day such as the fuel necessary to heat our homes, plastics used in our hospitals and asphalt to build our roads. T...
Canada’s oil and gas industry has been in the spotlight for many years, but not because it has been named the top oil producer in the world or is now the third largest LNG exporter (headlines which are true for the USA).
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 United States, which just happens to be Canada’s number one competitor for oil and gas markets, has reached a new liquefied natural gas (LNG) export record of 4.7 billion cubic feet per day (Bcf/d) in May of 2019. The country became the world’s 3rd top LNG exporter this year, averaging 4.2 Bc...