CALGARY — The Alberta government is looking to boost the province's petrochemical sector with a new program that it expects will attract up to $5 billion in investment. Royalty credits amounting to $5...
A flat five per cent royalty rate will be applied on wells until their revenues equal a cost allowance, after which rates will go up.
Crises can make us restless, inquisitive, and ready for innovative revolution. With history as a guide, we can expect some noteworthy entrepreneurial trendsetters to emerge from the current crisis -- people who refuse to be intimidated and instead think creatively about making the best of a downturn.
"Industry's anxious to get this one past us and move on."
"When they get laid off they're seeing it as an opportunity."
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Five million litres of emulsion spilled into muskeg at the oilsands project southeast of Fort McMurray, Alta.
"Today has been a very tough day indeed."
Shutterstock / Luna Vandoorne
The proposed pipeline would take Alberta crude as far east as an Irving Oil refinery in Saint John, N.B.
Canada-wide, the number of EI recipients increased 45,800 since last year.
Getty, Justin Tang/CP, Connor Mah/Flickr
"We will not make reckless cuts that would simply make a bad situation worse."
"This is a project that will benefit all of Canada."
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The fund also assists in product development, testing and prototyping.
Dr. Rohan Bissoondath of Preventous Health says sick note requests have become a daily occurrence at his clinic.
"Don't drive because honestly, you're too lazy to drive. Call us instead and get the munchies you need delivered to your door."