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Increased crude-by-rail in Alberta comes with increased risks
This week Alberta Premier Rachel Notley announced her government will purchase rail cars in an attempt to reduce the province’s transportation bottlenecks and help lower the massive oil price differential for Canadian heavy crude. ...
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U.S. invites new oil and gas investment while Canada lags behind
Last week, America’s oil and gas sector received good news on the investment front. Pembina Pipeline Corp’s CEO Mick Dilger said that the next “game-changing” project could be in the United States, not Canada. He’s referring to the ...
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Costly regulatory delays loom over Canada’s energy industry
Last week Kinder Morgan projected that the Trans Mountain pipeline project could be a year behind schedule as it continues to face permitting delays. The company initially expected the $7.4 billion project to be in service by late 2019, ...
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GST revenues from carbon-pricing—likely another tax grab
This week, as Canadians were sliding into their holiday mindset, the Parliamentary Budget Officer (PBO) released a report estimating the GST revenues collected by the federal government through existing carbon-pricing schemes in four ...
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Carbon tax advocates flip-flop on revenue neutrality
For many years, advocates of carbon taxes have acknowledged the necessity of “revenue neutrality” as a means of mitigating the economic damages such tax measures cause to households and the economy. In normal economic parlance, “revenue ...