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Morneau’s rhetoric on pipelines doesn’t match government’s record
In a recent CTV interview, Finance Minister Bill Morneau rightly acknowledged the significant challenges facing the energy industry in Alberta and Saskatchewan. “We need to think about the long-term,” he said, “that’s why we’ve looked at ...
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Trudeau sticking with Bill C-69
In the Calgary Herald, Chris Varcoe recently reported that Alberta Environment Minister Shannon Phillips expressed concerns about federal Bill C-69, which would radically revise the process of environmental assessment for major ...
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With latest Keystone court ruling, the oil blockade continues
With his recent ruling, which again delays TransCanada’s Keystone XL pipeline project pending further environmental review, Montana District Court Judge Brian Morris has thrown yet another wrench in the gears of Canada’s oil and gas ...
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The long list of disincentives to oil and gas investment in Canada keeps getting longer
Recently, in the midst of the Trans Mountain pipeline saga, CBC reporter Tony Seskus wrote about Bill C-69, a plan to completely overhaul how major energy and environmental projects are reviewed by government in Canada (and the topic of ...
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Federal purchase of Trans Mountain pipeline distorts incentives, sets dangerous precedent
Today, Finance Minister Bill Morneau (pictured above) announced that the federal government will purchase all assets related to the Trans Mountain pipeline. This includes the existing pipeline first built in the 1950s, and construction ...
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A defining moment for Canada
A meeting this Sunday in Ottawa between Prime Minister Justin Trudeau, Alberta Premier Rachel Notley and B.C. Premier John Horgan may help influence Canada’s investment potential for years—perhaps decades—to come. The recent postponement ...
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The finance minister said what?
Coming out of an emergency cabinet meeting earlier this week, ostensibly called to deal with the watershed announcement that Kinder Morgan was halting all “non-essential” spending on its Trans Mountain pipeline despite regulatory and ...
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Premier Notley and pipelines—better late than never
One must give credit where credit is due, and Alberta Premier Rachel Notley’s evolution on pipelines is due some credit. She fired a warning shot with the short-lived British Columbia wine embargo, but is unlimbering some far heavier ...
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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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Canada needs the Trans Mountain pipeline to access growing Asian markets
Yesterday, only 11 days into the new year, the British Columbia government approved the Trans Mountain pipeline expansion. The approval comes after the federal government gave its consent to the project at the end of last year. The ...