oil prices

8:10AM
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Enbridge pipeline approval good news—but Canadian oil remains largely confined to U.S. market

Canadian heavy oil producers will lose an estimated $15.8 billion this year in foregone revenues.


2:53PM
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The Notley government increased spending by nearly 13 per cent over is first two full fiscal years in office.


3:48PM
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When oil prices were high, successive governments spent freely as though the good times would never end.


10:05AM
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Pipeline aren’t just an Alberta issue—they are crucial to national prosperity

Due to pipeline constraints, Canadian oil producers are selling unrefined bitumen at a fraction of the price many competitors receive.


12:42PM
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Alberta's overall net financial assets deteriorated by $9.2 billion last year.

9:52AM
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Trying to stimulate other sectors of the economy so their increased output will balance off the loss in energy will simply build in future problems of maladjustment in these industries.


2:48PM
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If the first step towards remedying a problem is admitting that you have one, Alberta is a long way away from fixing its budget woes.


3:37PM
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Alberta’s budget, to be unveiled on Oct. 27, will contain the province’s seventh deficit in the last eight years, most recently projected at $5.9 billion.


4:27PM
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When Finance Minister Joe Ceci unveils Alberta’s budget on Oct. 27, Albertans can expect a sizeable deficit. In fact, the government’s latest data suggest a $5.9 billion deficit, but Minister Ceci has cautioned it could be “in the range of $6.5 billion.” In either case, the amount isn’t trivial.