Natural resources ‘driving force’ of Canada, says Minister Paradis
Canada’s natural resources are “fundamental” to the country’s prosperity, says new NRCan Minister Christian Paradis. It’s why the Conservative government is working to making Canada “a clean energy superpower.” “Natural resources have been the driving force of our country and I wish to see them continue to be,” Mr. Paradis (Mégantic-l’Érable, Que.) told The Hill […]
Stakeholders look at future of Canada’s crude oil production, oil sands
As demand for crude oil from the Alberta tar sands somewhat declines in the United States, and fears about the political viability of the oil patch multiply, companies are looking to Asia as the next frontier for selling Canada’s oil. Oil companies, such as Enbridge and TransCanada, have built an overcapacity of pipelines to bring […]
Paradis experienced, but could do more on sustainability, say environmentalists
Natural Resources Minister Christian Paradis’s experience as a Parliamentary secretary in the same portfolio has served him well, say stakeholders who believe he has the experience and understanding to help develop and market Canada’s natural resources industries both at home and abroad. But, environmentalists say they see no leadership when it comes to developing them […]
Natural resources headed into hands of foreign interests under Conservative government’s watch
If you don’t know where you’re going, you don’t know where you’ll end up.” No one can say with certainty what Canada’s natural resource sector will look like in the future. But we do know a thing or two about where it is headed under this Conservative government’s watch: into the hands of foreign interests. […]
Canada needs to reclaim its global leadership through clean energy innovation
Canada is endowed with tremendous natural resources which are the economic lifeblood of hundreds of communities from coast to coast to coast. Our country is fortunate to also have a wealth of talented and skilled people. Canadians are known for being innovative and dedicated to excellence. At the recent “Canada at 150” conference, we discussed […]
Research adds value to natural resources
Canada’s economic history has a strong association with exploiting this country’s vast natural resources. In recent years, there has also been a strong acknowledgement that increased R&D can help us extract more value from these resources and do so at a lower environmental cost. Canada is fortunate to be able to benefit from its vast […]
Forestry industry stakeholders welcome feds’ $170-million, but critics say it’s too late
Industry stakeholders welcome the federal government’s $170-million investment to help Canada’s forestry industry expand its innovation and international markets in response to the economic downturn, but critics say it’s too little too late. Avrim Lazar, president and CEO of the Forest Products Association of Canada, said last week that the forestry industry is “on its […]
Government should do more to streamline environmental mining regulations, say industry stakeholders
The federal government’s Green Mining Initiative is working with industry players to make mining in Canada more environmentally friendly, but the Mining Association of Canada says the federal government and the provinces could do more to streamline environmental regulations for mining. Elizabeth Gardiner, vice president of technical affairs at the Mining Association of Canada, said […]
NDP calls on feds to stop ‘rubber-stamping’ foreign takeovers of Canadian companies
The NDP put forward a motion calling on the federal government to stop “rubber-stamping” foreign takeovers of Canadian companies last week, but the chief economist of the Conference Board of Canada says for too long the country hid behind a weak dollar and now it needs foreign capital to play catch-up on investment. The NDP […]
‘There’s a nuclear renaissance,’ and Canada wants a piece of it, says Raitt
Although Canada should be building more renewable energy resources, the oil sands still need to be developed because there will be a gap between energy supply and demand in the very near future, says Natural Resources Minister Lisa Raitt. “We’ve taken an aggressive stance in talking about the wonderful asset of fossil fuel that we […]