Royalty revenues from bitumen production were projected to reach only $1.5 billion in 2015-16 compared with $5.0 billion during the preceding year.
Federal government transfers to First Nation communities rose more than 800 per cent over the past six decades.
Western Canada heavy crude oil is largely captive to demand by U.S. refineries that are configured to process heavy crude oil.
If safety is really the number one concern, then the best option is to just build pipelines rather than tinker with regulations governing the oil by rail industry.
The Energy East pipeline project should be the biggest “no-brainer” pipeline of all those proposed across Canada.
The obvious strong influence of the environmental lobby on the policy positions of Democrat office-holders poses a huge hurdle for future North American energy integration through initiatives such as cross-border pipelines.
Opponents of the oilsands and the Keystone XL pipeline present another dubious argument.
Given Canada's proximity to the United States, we tend to take our peace and security for granted.
This comfortable distance from most of the world's violence has also led us to underestimate how useful Canada might be in defusing threats elsewhere using an item some people overlook as leverage: energy.