Canada Oil

What Would Warren Buffett Do With Canadian Assets?

John McKay | Posted 12.09.2014 | Canada Business
John McKay

The short term problem is that Alberta has expensive oil which will make it challenging for all governments to achieve their fiscal goals. Revenues are down. Already we are seeing the incredible shrinking surplus of the Harper government. Medium term the market will right itself and business will pick up.

From Tragedy to Responsibility: The Lessons of Bhopal

Craig and Marc Kielburger | Posted 11.27.2014 | Canada Impact
Craig and Marc Kielburger

For the people of Bhopal, the disaster never ended. They still suffer from water contamination, respiratory illnesses, and higher rates of infant mortality and birth defects. They've waged one court fight after another for more compensation. Thirty years ago the world failed to protect Bhopal. We owe it to them, and all developing communities, to enshrine corporate responsibility in national and international law.

If Growth Goes Up, Shouldn't Oil Prices Rise?

Peter Hall | Posted 11.20.2014 | Canada Business
Peter Hall

Higher oil costs spell the end of globalization. The messages flashed across the globe repeatedly, and were so believable that speculation heightened the havoc. But the bubble burst, and six years on, prices are south of $90 per barrel and falling. Do lower prices make sense, or is this just temporary?

A Vote For Vision Vancouver Is A Vote For U.S. Interests

Vivian Krause | Posted 11.13.2014 | Canada British Columbia
Vivian Krause

If anybody can operate pipelines and oil tankers, Canadians can. Proof of this is the track record of the Port of Vancouver which has operated safely with no major oil spills in more than 100 years. Voting for Gregor Robertson means voting to support a foreign-funded campaign that is keeping Canada over a barrel and costing our country billions.

Worried About Falling Oil Prices? Divest and Re-Invest

Cameron Fenton | Posted 10.22.2014 | Canada Politics
Cameron Fenton

A recent plunge in oil prices as been driving a steady stream of commentary from leading economic voices across the spectrum in Canada calling for everything from outright panic to 'stay the course'. With oil hovering just north of $80 per barrel, many are starting to question the future of pipelines, tar sands and other resource intensive extractive projects.

It's Time to Ditch the Tar Sands Economic Plan

Keith Brooks | Posted 10.21.2014 | Canada Business
Keith Brooks

The Toronto Stock Exchange is plummeting in lock step with the fall in oil prices. The loonie is heading in the same direction, hopefully putting to bed any debate as to whether Canada has a petro-currency. Provinces that rely on oil royalties and revenues will likely have difficulty balancing their budgets.

Governments Should Stop Playing Railway Russian Roulette

Diane M. Francis | Posted 12.09.2014 | Canada Politics
Diane M. Francis

Already there have been three near misses. Four months after Quebec's deaths, another derailment and explosion occurred outside an Alabama town without deaths. This was followed by a collision of two trains that resulted in an evacuation of more than 2,000 persons and a 400,000-gallon oil spill. A third derailment and explosion happened in Virginia forcing another evacuation. Safety is bad enough, but rail is also terrible for the environment.

Dear Fossil fuels, It's Time To Move Along

Mike Hudema | Posted 12.03.2014 | Canada Politics
Mike Hudema

Fossil fuels, the writing is on the wall. Some countries are already powered by 100 per cent renewables, others are on their way. Our cars and transport are starting to be electrified and solar panels, wind turbines, and geothermal are going up in communities around the world (Bangladesh is installing nearly two new rooftop PV systems every minute).

Canada Won't Impose Tough Sanctions On This Russian Industry

CP | Alexander Panetta, The Canadian Press | Posted 09.24.2014 | Canada Politics

NEW YORK -- For all its much-touted toughness in imposing economic sanctions against Russia, Canada has been significantly more timid against one part...

It's Time For Cross-Border Climate Action Along The Salish Sea

Eoin Madden | Posted 11.19.2014 | Canada British Columbia
Eoin Madden

So long as all of that good work in the U.S. can be undone by backward Canadian decision-making, we'll never make true progress. That's exactly why it is so critical for Americans, Canadians, First Nations and Tribes to come together to stop fossil fuel exports from the west coast of North America -- particularly through the waters of Puget Sound, the Strait of Georgia and the Strait of Juan de Fuca, collectively known as the Salish Sea.

Oil By Rail Is In Desperate Need of Clean-Up

Diane Francis | Posted 10.25.2014 | Canada Business
Diane Francis

Railways are transforming North America's energy sector and are, coincidentally, helping to save Canada's bacon. But the train business has been allowed to remain a 19th-century technology run with 19th-century mentality by workers without credentials. Aviation, by contrast, is heavily supervised and operated by licensed personnel with professional expertise and constant surveillance. For the moment, the critically important oil industry has been saved, but if governments aren't as tough as nails in their demands and dealings with the railways, then all bets are off.

'World's Greenest' Refinery Proposed For B.C. Coast

CP | Lauren Krugel, The Canadian Press | Posted 08.10.2014 | Canada Alberta

CALGARY - A Vancouver company is pitching a $10-billion oilsands refinery on British Columbia's north coast that aims to connect Alberta's vast energy...

The B.C. Battle For Enbridge Northern Gateway Polls

DeSmog Canada | Posted 04.22.2014 | Canada British Columbia
DeSmog Canada

I'm sure The Vancouver Sun's spotty coverage of the polling debate has much more to do with a lack of resources and the rush to get stories online than it has to do with the millions of dollars Enbridge and the oil industry spends with Postmedia -- but the optics aren't good.

Stop Trading Precious Water For Fossil Fuels

David Suzuki | Posted 04.21.2014 | Canada
David Suzuki

Drought and fracking have already caused some small communities in Texas to run out of water altogether, and parts of California are headed for the same fate. As we continue to extract and burn ever greater amounts of oil, gas and coal, climate change is getting worse, which will likely lead to more droughts in some areas and flooding in others.

Hazardous Air Pollutants Are Much Closer Than You Think

University of Toronto News | Posted 04.06.2014 | Canada
University of Toronto News

A new comprehensive modelling assessment of contamination in the Athabasca Oil Sands Region indicates that officially reported emissions of certain hi...

Read Between the Pipelines: Fossil Fuels Ruin the Environment

Will Braun | Posted 04.06.2014 | Canada Business
Will Braun

The U.S. State Department said Keystone XL would actually be better from a climate perspective than the alternatives. While there is a logic to this line of argument it rests on an illogical assumption. That assumption is that ongoing development of the conventional fossil fuel sector is inevitable. It is not.

What Happens When We Run Out Of Oil?

Macleans | Posted 02.03.2014 | Canada Business

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Why I'm On Tour With Neil Young and Diana Krall

Chief Allan Adam | Posted 03.16.2014 | Canada Politics
Chief Allan Adam

My community is largely based in Fort Chipewyan, Alberta, 200 km downstream from current tar sands development. It's a place of great beauty and history, but we are now at risk from irreversible impacts that will permanently change our lands and our lives forever. The immediacy of the crisis demands attention, which is why I am so honoured to be on tour with Neil Young and Diana Krall as we travel across Canada to raise awareness and resources to defend ourselves from wanton development and interests that don't seem to care about our rights or our community.

A "Fair Price" for Canada's Oil Is a Slippery Slope

DeSmog Canada | Posted 03.13.2014 | Canada Politics
DeSmog Canada

The basic argument goes like this: A barrel of oil sands crude currently trades at a lower price than other global oil benchmarks. That price gap means Canadians are losing money on every barrel sold. Access to world markets will fetch higher prices, elevating our collective prosperity. It's a persuasive story, tickling the part of the brain associated with loss aversion. No one wants to bleed money day after day. At the same time it paints a picture of one nation, our fortunes rising and falling in unity. It's good politics. But the reality is more complex.

Disaster Coming To Canada's Railways: Rubin

The Huffington Post Canada | Posted 01.25.2014 | Canada Business

The rapid rise in rail shipments of oil means the odds are good Canada’s railroads will suffer more disasters like Lac-Megantic, says economist Jeff...

How Are Canadian Exporters Feeling? You Might Be Surprised

Peter Hall | Posted 02.05.2014 | Canada Business
Peter Hall

For all the pre-crisis talk about resource scarcity, the rarest commodity since crisis hit is confidence. But now, it's the comeback kid of the global economy: the long hibernation is over, and across a number of heavy-hitting economies, confidence is normalizing.

Is the UAE a growth opportunity for Canadian Business?

Larry Leach | Posted 01.29.2014 | Canada Alberta
Larry Leach

Many Oil executives will tell you that business is flat in Canada these days. As the Government of Alberta navigates the political landmine known as "pipelines" and explores new markets abroad, the business world is cautious.

Post-Typhoon Haiyan, Climate Action Is More Important Than Ever

Susan Casey-Lefkowitz | Posted 01.23.2014 | Canada Impact
Susan Casey-Lefkowitz

Scientists are still trying to understand the connection between specific weather events such as Typhoon Haiyan and climate. Climate change is reshaping our world, and the science is telling us in every way possible that we can expect more extreme weather disaster going forward, unless we do something about this now.

Canada, Do What Our Leaders Have Failed to Do: Defend Our Climate

Tzeporah Berman | Posted 01.23.2014 | Canada British Columbia
Tzeporah Berman

There are moments in history when it becomes clear that our leaders are failing us. They are the moments when people from all walks of life need to dust off those placards, stand up and speak out. This is one of those moments. Canada is failing as a country to curb climate pollution. Under the Harper Conservatives, our country's climate performance has become the worst in the Western world. We cannot sit by and let them put our coast and our country at risk. On November 16, communities from across Canada will stand up to remind our elected officials that they work for us and not just the oil patch.

West Coast Communities Unite To Stop Tar Sands Tankers

Ben West | Posted 12.25.2013 | Canada British Columbia
Ben West

Cross border organizing is becoming a bigger part of tar sands campaigns for native and non-native people alike. Mariner culture dictates that if there's is a distress call anyone in the vicinity has a responsibility to act. That is the spirit of shared responsibility and stewardship that is behind our TarSandsSOS.org site. ForestEthics, with offices in Bellingham and San Francisco, partnered with Vancouver-based ForestEthics Advocacy to create it. The site is home to a unique tar sands oil tanker tracking system, which displays those tanker's locations in real time. The site also generates real time tweets when tankers carrying tar sands enter sensitive habitats on the West Coast, like whale habitat in Washington State's San Juan Islands.