Struggling Albertans can’t afford a sales tax

It’s telling that the people pushing for a PST never talk about looking Albertans in the eye and asking for permission

Struggling Albertans can’t afford a sales taxEvery single time Alberta faces a financial challenge, some academics recommend the same pseudo-solution: a provincial sales tax. They seem blissfully unaware that governments are struggling because Albertans are struggling and a PST will make hard times even harder. Here’s proof of that disconnect: these academics always demand a provincial sales tax (PST) but never…

A perfect economic storm for Alberta

Province struggles to deal with a devastating drop in oil prices, the impact of COVID-19 and the federal agenda to kill the industry

A perfect economic storm for AlbertaThree concurrent and independent elements are preventing Alberta from realizing the full potential of its energy resources. It’s generally said that good things come in threes. The Latin expression ‘omne trium perfectum’ conveys the idea that things that come in threes are more complete. The expression has an optimistic ring – but not for Alberta’s…

Is Trudeau government abandoning energy sector?

Is Trudeau government abandoning energy sector?By Niels Veldhuis and Elmira Aliakbari The Fraser Institute After weeks of delay, the federal government finally announced its aid package for the energy sector. To say it’s underwhelming would be an understatement. More than anything, the package announced on Friday confirms that the government of Prime Minister Justin Trudeau sees one of Canada’s most…

Oil production cut numbers don’t add up

As the cost of pumping crude exceeds the selling price in most cases, production in many oil-producing countries is already taking a hit

Oil production cut numbers don’t add upThe math is fuzzy. When the agreement to cut crude oil output by 9.7 million barrels per day (bpd) was announced, U.S President Donald Trump, who played a dominant role in getting the agreement, went further. “Having been involved in the negotiations, to put it mildly, the number that OPEC-plus is looking to cut is…

Alberta’s politicians need to help shoulder the burden

It’s time for politicians to show solidarity with Albertans and make the tough, but right, decision to reduce their own pay

Alberta’s politicians need to help shoulder the burdenThere’s no doubt elected officials are working hard to manage the COVID-19 crisis, but with many businesses closing their doors and families worrying about their next grocery bill, politicians need to show solidarity with the people they represent and reduce their own pay. Between the coronavirus health pandemic, the global economic shutdown and the collapsing…

Alberta needs to reform energy regulations

Alberta needs to reform energy regulationsBy Steven Globerman and Jairo Yunis The Fraser Institute The Alberta government recently announced cuts to scores of jobs at the Alberta Energy Regulator (AER), including operations staff, headquarter managers and field workers, as part of a major reorganization. The ostensible goal is to make the AER more efficient, effective and resilient by simplifying the…

Alberta needs a better deal from better neighbours

Quebec and B.C. are committing constitutional mutiny, preventing Alberta from developing solutions to being landlocked. It’s time for independence

Alberta needs a better deal from better neighboursWhen it comes to trading in markets beyond its boundaries, Alberta would have better options as an independent state than under the status quo currently blocking some of its resources. Alberta is landlocked and landlocked states depend on their neighbours for access to trading seaports. It’s the reason some people quip that an independent Alberta…

The sky’s the limit for helium industry

The sky’s the limit for helium industryNecessity was the mother of invention for Marlon McDougall. After 35 years in the oil and gas industry, McDougall was frustrated with the pressures of regulations, environmentalism, pipeline restrictions and the need for expensive technologies as more easily accessible reserves were depleted. Then, in 2019, he was approached to work with what’s been called “the…

Teck decision underscores investment crisis in Canada

There’s been a significant drop in investment across 10 of the 15 major sectors of the Canadian economy, and the federal government is to blame

Teck decision underscores investment crisis in CanadaBy Niels Veldhuis and Ashley Stedman The Fraser Institute Canada has massive investment potential. We have an abundance of natural resources, one of the most highly-educated populations in the world, and reside next to the world’s most successful economy. We’re also among the freest countries in the world, with freedom of religion, assembly, movement and…

Make Frontier the cleanest oil sands project it can be

Allowing the project to proceed – responsibly, with best available environmental practices – really is in the national interest.

Make Frontier the cleanest oil sands project it can beTo say the Teck Resources’ Frontier oil sands debate is fraught has become a bit of an understatement. At times, it appears the fate of the world hangs in the balance. On one side, political proponents are telling us that the very future of Alberta’s economy hinges on this project moving ahead. On the other…

After a long economic winter, signs of warmth

After a long economic winter, signs of warmthAlberta has had a rough six years – to the point where we’re tired of hearing the bad news. Since oil prices collapsed in 2014, there has been a steady stream of downers about massive job losses, head offices hollowing out, and a lot of talent that we can’t afford to lose packing up and…

Natural resources GDP on the decline in Canada

Oil sands extraction declined largely because of shutdowns and maintenance of some production facilities. Crude oil extraction also falls

Natural resources GDP on the decline in CanadaThe natural resources sector in Canada continues to be challenged. A new report released Friday by Statistics Canada said real gross domestic product (GDP) of the natural resources sector fell 2.2 per cent in the third quarter, following a 2.8 per cent rise in the second quarter.  The federal agency said the decline was largely…

Low commodity prices weight on Prairie entrepreneurs

Limited cash flow also a concern for business owners when it comes to investing in their companies these days, according to BDC survey

Low commodity prices weight on Prairie entrepreneursMany Canadian entrepreneurs will continue investing in their companies in 2020 despite growing uncertainty about world economies. But business owners in the Prairies are the most pessimistic, mostly because of low commodity prices and limited cash flow, says the latest annual survey by BDC. The study on investment intentions found that entrepreneurs in the manufacturing…

Alberta government debt growth highest in the country

Alberta’s provincial per-person debt grew by 184 per cent, also the largest increase among the provinces by a wide margin

Alberta government debt growth highest in the countryAlberta government debt more than doubled since the year before the recession in 2007/2008, says public policy think tank the Fraser Institute. It's the largest increase among all provinces in that time period.  “The Alberta government’s chronic deficits over more than a decade have built a mountain of debt,” Jake Fuss, economist at the Fraser…

Alberta needs the ‘war room’ to challenge energy ignorance

Too many reporters have bought into poorly-conceived advocacy positions and fail to provide readers with balanced information

Alberta needs the ‘war room’ to challenge energy ignoranceThe Canadian Energy Centre – also called the “war room” – is online, publishing featured stories, reports, briefs, analysis, perspective and even an Energy IQ quiz. It’s all aimed at distributing information about energy (primarily oil and gas) in Canada. The topics are diverse, ranging from pipelines and oil products to climate, renewables, people stories,…
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