Oil And Gas

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These Canadian Industries Are Winning the Trade Game

How is Canada faring in our industrial diversification? Progress on trade diversification over the past 15 years is likely one of the most remarkable developments in Canadian economic history. A strong dependence on traditional markets was only enhanced by the Canada-US FTA, which saw exports to the US soar to over 85 per cent of the total. But a big shift began in the New Millennium.
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Canada Is Trading Away Its Environmental Rights

Canada's environment appears to be taking the brunt of NAFTA-enabled corporate attacks. And when NAFTA environmental-protection provisions do kick in, the government often rejects them. According to a study by the Canadian Centre for Policy Alternatives, more than 70 per cent of NAFTA claims since 2005 have been against Canada, with nine active cases totalling $6 billion outstanding.
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Harper's Pipeline Decision Is a Blow to Democracy

A pipeline to carry diluent from the coast to the tar sands to dilute bitumen that would then be carried back to the coast in another pipeline for export to world markets in supertankers does not have a "sufficiently direct connection" to the tar sands? And the impacts of the tar sands and its products on climate are not relevant to the project that makes these impacts possible? What the hell? This project should never go ahead.
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Fort McMurray Is Safer Than You Think

The truth is that the crime rate in Wood Buffalo, for almost all kinds of crime, is below Alberta averages, and often below Canadian norms as well. The rate of all forms of property crime is below national and provincial averages, and the rate of all forms of violent crime is below Alberta averages.
CP

B.C. LNG Tax Too High: Companies

VICTORIA - One of the first questions British Columbia's Finance Minister Mike de Jong was asked when he introduced the Liberal government's proposed Liquefied Natural Gas Income Tax as part of last w...
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Thinking Growth Markets? Think Mexico, Again.

One brief look at Mexico's GDP numbers for 2013, and you'd likely say, "What happened?" At the outset of the year, forecasts were calling for between 3-to-4 per cent growth. Instead, the final tally is looking more like 1.2 per cent. That's a pretty sizeable miss. If lots went wrong in the year, foreign investment in Mexico wasn't on that list; in fact, it had a banner year. What's behind this success?
CP

They Can Make Or Break Oil And Gas

VANCOUVER - There are more than 600 major resource projects worth $650 billion planned in Western Canada over the next decade but relations with First Nations may be a major hurdle for those developme...
CP

Help Poor Provinces: Allow Fracking

The recent native protests in New Brunswick against proposed hydraulic fracturing ("fracking") are not only devoid of facts but harm the potential for prosperity and lower personal taxes. Add in the anti-fracking frothing in neighbouring Nova Scotia, and also in Quebec, and it adds up to ill-advised provincial policies, this despite the safety of fracking.

'Would You Live By A Gas Well?' - The Ultimate 'Gotcha!' Question

The question 'would you live by a gas well' is designed to be a 'gotcha' question. The presumption that oil and gas people who obviously understand their own industry best, would therefore never live by an oil and gas well. It is another example of the gross misunderstanding our industry has allowed to perpetuate in Quebec and elsewhere.

French in 30 days

I learned French in 30 days. Well not really. It's probably fairer to say I'm still trying to perfect my English. Over two years ago I embarked on a tour of Quebec to give translated presentations on our industry to what was then quite a hostile population. Unexpectedly these presentations, while emotionally draining, were surprisingly effective.
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Some Places on Earth Should Remain Untouched

Areas of Earth that have remained relatively free of industrial development have taken on a special significance. In Canada, they include awe-inspiring landscapes like the Sacred Headwaters in northwestern B.C. But the Sacred Headwaters is not protected under law. It remains at risk from a multitude of proposed mines, railways, transmission lines and other projects that will eviscerate the landscape if approved.

Export Growth Predictions: See How Canada's Provinces Stack Up

International trade will be a key growth driver for the Canadian economy this year and next. However, the distribution of export growth in Canada's provinces is anything but even. Some are leading the charge, while others are steady at the national pace. Others are lagging behind, some quite seriously. What are the key factors influencing the different growth patterns?
CP

Cenovus Takes Q4 Hit

CALGARY - Cenovus Energy Inc. is keen on a TransCanada Corp. proposal to ship crude eastward, especially if the pipeline stretches all the way to the Atlantic Ocean, the CEO of the Calgary-based oil c...