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Ottawa introduces new rules for energy sector at worst possible time
Last month, the Trudeau government released rules, part of the new federal regulatory process under Bill C-69, requiring certain projects including new mines, power plants, pipelines, airports, oil and gas projects, and railways to ...
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Ottawa tweaks regulations for Newfoundland and Labrador’s oil and gas sector
Earlier this month, the federal minister of natural resources announced a regulatory change to the assessment process for some offshore oil and gas exploration drilling projects in Newfoundland and Labrador. Looking closer at the recent ...
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Canada’s agriculture sector tops environmental rankings
Canada’s agriculture sector should be proud of its environmental performance. According to a recent study, this sector performs far better than many competing high-income OECD countries with respect to environmental impact. Simply put, ...
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Oil isn’t dead – just look at the data
Global oil demand is expected to be around 90.8 million barrels a day in 2020. ...
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Canada’s air quality among best in the world
Earlier this month, the Wall Street Journal published an article on the impact of COVID-19 lockdowns on air quality in heavily-affected regions. While the economic and environmental impacts are still being measured, Canadians can breathe ...
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Ontario reduces hydro rates yet fundamental problems still plague province’s electricity market
In response to the COVID-19 crisis, the Ontario government is temporarily reducing hydro rates, freezing electricity prices at 10.1 cents per-kilowatt-hour (the lowest rate possible) for the next 45 days for families, farmers and small ...
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Texas shines bright while Alberta dims
Sixty-five per cent of respondents for Alberta were deterred by the high cost of regulatory compliance. ...
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The impact of the carbon tax on Canadian industry
Last month, an Ecofiscal Commission report found that Canada must adopt a carbon price of $210 per tonne by 2030 to meet its Paris targets—assuming it relies on the carbon tax alone. The report estimates that this would mean a 40 cent per ...
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Saskatchewan tops in the eyes of oil and gas investors, but there’s considerable room for improvement
Oil and gas investors see Saskatchewan as Canada’s most attractive province for upstream investment, but the province doesn’t perform well when compared to many of its American counterparts, so there’s considerable room for improvement in ...
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B.C. performs poorly in eyes of oil and gas investors
According to the results of a new survey, British Columbia is Canada’s least-attractive jurisdiction for oil and gas investment. To make matters worse, B.C. ranks second-last when compared to other provinces and American states. So what’s ...