Eastern promises: Canada should look to Asia to shift away from a sole export market, say experts
By Neil MossDec. 3, 2018
By 2030, China will surpass the United States as the largest global consumer of oil. At the same time, its government is trying to diversify its oil dependency on the Middle East.
Alberta Premier Rachel Notley speaks to reporters after giving a speech to a crowd of businesspeople in Ottawa last week. She announced on Nov. 28 that Alberta will be purchasing additional rail cars so it can transport 120,000 more barrels of oil per day. The Hill Times photograph by Andrew Meade
With a rapidly dropping oil price, experts suggest looking across the Pacific Ocean to divest its traditional, north-south oil trading route, but the delay in pipeline construction inhibits Canada’s oil and natural gas reaching B.C.’s coast.
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On top of $301.8-billion in planned spending in the 2019-10 main estimates—combining $299.6-billion in budgetary spending and $2.2-billion in non-budgetary expenses—is another $51.2-billion in statutory expenses.
‘Imagine losing your job, getting fired, but you’re fired by basically your entire riding and your whole life has been serving these people, and there’s just a lot wrapped up in it:’ Tory House leader Candice Bergen.