Canada Oil

Feds, Northern Gateway Won't Appeal Court Decision On Pipeline

CP | The Canadian Press | Posted 09.20.2016 | Canada British Columbia

The proposed pipeline project would link Alberta's oilsands to British Columbia's north coast.

Donald Trump's Effect On The Financial And Commodity Markets

Tim Pickering | Posted 08.10.2016 | Canada Business
Tim Pickering

In the long list of market unknowns, Donald J. Trump and the US Presidential race is the unknown. The result of the election could have massive implications on the markets, even if we are unsure about what they are. When looking to commodities, a weaker US dollar will drive prices higher, but this may be offset by concerns over a slowing economy.

TransCanada Silence On Climate Speaks Volumes In Pipeline Debate

Carl Duivenvoorden | Posted 07.08.2016 | Canada Impact
Carl Duivenvoorden

I think I'm reasonably well versed in issues surrounding the Energy East Pipeline, both economic and environmental. But I am struck by how, in any official TransCanada communications about environmental implications of the project, climate change is never mentioned.

Iron And Earth: Oilsands Workers Call For Training In Renewable Energy

David Dodge | Posted 06.24.2016 | Canada Business
David Dodge

Lliam Hildebrand is first and foremost a boilermaker. On his last oilsands project in northern Alberta, a colleague said to him over lunch, "Man, oil prices are still dropping. They're going to go below $30 soon, and if we don't start diversifying our jobs into renewables, our union is screwed."

Oilsands Workers Now Have To Work Fridays Again Like The Rest Of Us

CP | Dan Healing, The Canadian Press | Posted 06.23.2016 | Canada Business

Paid time off is being reduced or eliminated "almost across the board.''

$100 Oil? Some Investors Bet On It

The Huffington Post Canada | Jesse Ferreras | Posted 06.11.2016 | Canada Business

High risk, high reward.

Oil And Gas Is Losing The Battle To Environmentalists: Wall

CP | Ian Bickis, The Canadian Press | Posted 06.08.2016 | Canada Alberta

He also stated his opposition to the carbon tax.

10 Years Later: Some Inconvenient (And Convenient) Truths

Carl Duivenvoorden | Posted 05.30.2016 | Canada Impact
Carl Duivenvoorden

Last week marked the 10th anniversary of An Inconvenient Truth, the Al Gore documentary that catapulted climate change onto the global agenda. Here's a quick look at developments over the past decade, both the inconvenient and the convenient.

Oil Just Hit Its Highest Price Since Last Summer

CP | Posted 05.26.2016 | Canada Business

And the Fort Mac fire isn't the only reason why,

Don't Pretend The Pipeline Debate Is Only About Energy

Alan Ramón Ward | Posted 05.02.2016 | Canada Politics
Alan Ramón Ward

It sometimes sounds as though pipeline proponents are the true environmentalists among us. Commentary in favour of the pipelines has followed suit with generous explanations of our current needs and the realities of energy consumption. They ask: are opponents of the pipelines in denial about our current reliance on fossil fuels? And if these bleeding hearts do admit that we do need fossil fuels to power our country, are they comfortable importing Saudi oil forever? I believe that such questions willfully miss the point.

Keep Toxic Heavy Fuel Oils Out Of The Arctic

WWF-Canada | Posted 04.29.2016 | Canada Impact
WWF-Canada

Human health, community well-being and the global climate system can't wait. It's been more than six years since accidental oil spills were identified as the most significant threat to Arctic marine environments, and five years since the IMO first discussed the issue of HFO.

Trudeau 'Waffling' On Pipelines Since Election: Ambrose

CP | CJME/CKOM | Posted 04.27.2016 | Canada Politics

Rona Ambrose and Trudeau were both in Saskatchewan on Tuesday.

Canada Will Take Longer To Recover From Oil Shock Than BoC Said

The Huffington Post Canada | Jesse Ferreras | Posted 04.20.2016 | Canada Business

Strap in! It's going to be a long ride.

Canada's Parties Can't Make The 'Leap' On Pipelines

Gord Miller | Posted 04.20.2016 | Canada Politics
Gord Miller

How is it that the national debate is not about bitumen and the future markets for that commodity? Instead, people drone on about pipelines, an abstraction of the petroleum production. The mantra has become: "If we build them, money will come." But will it? Is the world market price for bitumen so attractive that success is assured if we can only get it to tide-water? The answer is simple: No.

Defending Italian Beaches From Oil Drilling Is Not Enough

Marco Morosini | Posted 04.05.2016 | Canada
Marco Morosini

On April 17 we Italians will vote on a referendum which aims to hinder oil drilling near our coasts. The Italian government instead forces new domestic drilling for reducing oil imports. Simply opposing oil rigs before our door is short-sighted if we keep on burning more and more oil, provided that it comes from distant countries.

It's Time Employment Insurance Came With A Guarantee

Jerry Dias | Posted 03.30.2016 | Canada Politics
Jerry Dias

No government should ever be allowed to take money out of the EI fund, and it may be time to consider entrenching that principle in law. Legislation that guarantees that the money workers pay into EI will be there for them when they need it would give those workers and their communities a great deal of comfort. Our new government has made significant steps in ensuring that EI meets the needs of workers and their communities. Guaranteeing the money will be there for them when they need it would be the next logical step.

I Don't Care About Oil

Michel Kelly-Gagnon | Posted 03.22.2016 | Canada
Michel Kelly-Gagnon

My MEI colleagues and I have signed, in recent years, a number of texts explaining among other things the merits of oil and gas development in Canada,...

Don't Confuse Peter MacKay's Pipeline Claims For Facts

Elizabeth May | Posted 02.25.2016 | Canada Politics
Elizabeth May

There is a catechism of the fossil fuel industry, with oft-repeated claims that seem by repetition to escape examination. Peter MacKay's recent opinion piece on pipelines was a veritable greatest hits compilation of such claims. He writes that "pipelines are by far the safest means of transporting oil." The first muddying of facts is the notion that we are talking about shipping oil. All the current pipeline proposals, including Energy East, are primarily about shipping unprocessed bitumen. Bitumen is in a pre-crude state and can only be casually referenced as "oil" if one accepted the idea that grain should be referred to as "croissants" when discussing markets.

Canadian Oil Production Could Come To A 'Standstill:' Report

CP | Ian Bickis, The Canadian Press | Posted 02.22.2016 | Canada Alberta

A number of factors are prompting energy companies to reconsider expansion of production.

Here's How To Make Sense Of Canada's Confusing 'Recession'

The RentSeeker.ca Team | Posted 02.11.2016 | Canada Business
The RentSeeker.ca Team

The Canadian economy is "technically" in a recession, as 2015 ended with two consecutive quarters of contracting GDP. Whether or not you personally agree with classifying the current economic situation as such, we are going through tough times. However, the recession does not seem to be bothering most Canadian economists -- or, for that matter, most Canadians.

Alberta Can Keep Health Care Affordable Amid Sliding Oil Prices

Martin Ferguson-Pell | Posted 02.05.2016 | Canada Business
Martin Ferguson-Pell

As world oil prices and the Canadian dollar slide perilously, Albertans must become more inventive and rigorous in managing our costs -- and our expectations -- especially in high-cost areas like infrastructure, education and health care. Health care is the biggest challenge.

Trudeau Shows Worrying Disregard For Canada's Economic Diversity

Erin O'Toole | Posted 01.28.2016 | Canada Politics
Erin O'Toole

The role of the Canadian government in both the short and long term should be to embrace and foster the growth of all parts of our diverse economy. The government should certainly not champion some sectors and demoralize others. Sadly, we have already started to see that approach by the Trudeau government.

6 Ways To Keep Your Emotions Out Of The Stock Market Drop

David Lester | Posted 01.22.2016 | Canada Business
David Lester

Look one or two years into the future, and focus on that. History has proven that the market can, and will, recover. In Feb 2009 the TSX was at its lowest, and by February 2011 it had doubled back. So prepare to be in this for the long haul, and you'll be richer for it.

Oilpatch Struggles To Adjust To 'New Normal'

CP | Lauren Krugel, The Canadian Press | Posted 12.15.2015 | Canada Alberta

"If you think that things are going back to business as usual, you're in denial.''

Canada's Climate Inaction Undermines Its Words In Paris

Cameron Fenton | Posted 12.08.2015 | Canada Politics
Cameron Fenton

I am really confused by my government right now, because when it comes to climate action, it feels like I have two different governments. One government is in Paris, and their words on climate sound like the kind of ambition we need. The other one is in Ottawa, and its actions are looking more and more like the Harper government's on climate change.