Responsible energy policy critical to Canada’s economic future
The Liberal Party of Canada supports the responsible development of Canada’s energy potential and recognizes the positive contribution our natural resources have on economic growth and job creation, especially for middle-class families. But we also understand that resource development must be done in an environmentally responsible, sustainable way and through consensus building. This is a […]
Canadians will be discussing energy in next federal election
When it comes to Canada’s energy sector and falling global oil prices, uncertainty is a word we will continue to hear often this year. As the winter freeze transitions into spring, Canadians have been wondering to what extent they will be impacted by lower oil prices, besides the promise of cheaper gas at the pumps. […]
Low prices should temper drive to ship oil east, critics say
While the rising demand for oil in China and other countries in the Far East drives the desire for some to build the Northern Gateway and other pipelines, the severe slump in oil prices may make the projects less attractive, say some MPs and industry watchers. The United States continues to be Canada’s main consumer […]
Low oil prices could be opportunity for more stringent environmental regulations: experts
As the price of oil tumbles, resulting in spending cuts and shrinking employment in the industry, some say this is a time for government to re-evaluate its strong commitment to the sector. “The consensus industry-wide forecast is that oil and gas investment will be down about 30 per cent in 2015. That is certainly a […]
Plumeting oil prices has ripple effects on Alberta economy
The shock of plummeting prices in the oil industry in Alberta may have ripple effects that could further hit the province’s economy, while some industry watchers say it may be time for governments and the industry to catch-up on providing services to a population that boomed beyond capacity and re-evaluate government reliance on revenues from […]
Feds’ help needed to update electrical grid, say stakeholders
Canada’s electricity transmission and distribution system is in need of an overhaul and for any meaningful collaboration across the country to occur, the federal government needs to be at the table, say energy critics and industry experts. As it stands, the country’s power sources are becoming more distributive and that will require more expansive power […]
Alternative energy investment in Canada ‘lagging,’ say critics
A new global ranking of countries’ renewable energy attractiveness is adding fuel to opposition parties’ criticism that the Conservative government’s prioritizing of oil and gas energy development has neglected alternative energy. The latest edition of Ernst & Young Global Limited’s renewable energy country attractiveness index was released March 2, and saw Canada slip into sixth […]
Rickford confident Keystone XL will be approved, despite Obama’s veto
Canada’s Natural Resources Minister Greg Rickford says he’s confident the Keystone XL pipeline will be approved, despite U.S. President Barack Obama’s veto of it two weeks ago. On March 4, the U.S. Senate was unable to get the required 67 votes needed to supersede Mr. Obama’s Feb. 24 veto, however, it’s not likely to be […]
Hush-hush about LeBreton Flats anchor project plans, NCC’s secretive, arrogant style
OTTAWA—The federal National Capital Commission always has been its own worst enemy when it acts as a developer with private partners. Nor has it ever been a great or responsive capital planner inspiring imaginative world-class projects. Now the arrogant and uninspiring the NCC possesses faces its biggest ever challenge: how will it finally facilitate […]
Four things needed to make pharmacare work for Canadians
A growing number of health professionals, patients, community groups and even politicians are calling for national pharmacare. But many Canadians likely wonder what pharmacare is and whether Canada is ready for it. Let’s start at the beginning. Affordable access to safe and properly prescribed prescription medicines is so critical to patient health that the World Health […]