If you want to understand why Alberta is different, just watch this video. We have attended many similar meeting in other Provinces over the years and seldom seen such thoughtful, calm, and well argued positions by members of the general public. If you don’t have time to watch the full 20 minute highlight reel, we urge you to watch these four excellent segments that are each about 90 seconds long: Marnie Marr Accountant from Airdrie explains the Alberta experience from…
Canada is a group of diverse territories held together with a brilliant formula that effectively transfers money from wealthy Provinces to poor Provinces, or so the story goes. The official name is ‘Equalization Payments’ and they are a core building block of Canadian confederation. For the first 75 years of Canada’s existence the money was transferred largely at the whim of the Federal Government but in 1957 a formal equalization formula was agreed upon. Unfortunately, the formula that is used…
If you live in Alberta, BC, Ontario… ok… Canada, or the US or UK or Australia… ok… if you live on planet earth, you have heard about Carbon Taxes. Those that are for them claim they will cure all environmental ills and those against claim they are just another government tax grab. We dug into the facts and came up with 5 Myths about Carbon Taxes we thought you would find interesting: MYTH 1 – Carbon Taxes Don’t Change Behaviour…
Imagine a scenario in which a major Canadian based company is facing the prospect of being seriously damaged as a result of their own wrongdoing, nearly a decade ago, in a third world country like India or Algeria, but not inside Canada or any of its notable partners. Imagine that company lobbying to admit their guilt, change management, pay massive fines in the $250M range and have a knife held to their throat for a decade to make sure they…
In this short video we took a 10 minute discussion about the Canadian economy an focused on the discussion about how Quebec’s SNC Lavalin is treated so differently from Western Canada’s Oil and Gas industry. If you have the time, the full discussion is quite interesting and you can watch it here on the BNN Bloomberg site: PART 1 and PART 2
Nearly two years ago we wrote an article in our sister site URTech.ca explaining that Machine Learning and AI companies are increasingly putting their resources in the area along Canada’s 401 highway through heavily populated area’s of Quebec and Ontario. The so called Toronto – Montreal Corridor actually extends from Waterloo Ontario to Montreal, but no-one outside of the region knows where Waterloo is so we just say Toronto, Montreal. Today we are astounded by the variety and quality of education,…
Without any question Quebec generates the most electricity from renewables because of their massive and expanding hydro infrastructure. You might also be surprised to find some cities have completely given up coal. Calgary which gets 84% of its electricity from Natural Gas and 16% from Wind power. Below are the sources of electricity for each Canadian Province.
We are trying answer two simple questions: How much does a student need to work to pay their Canadian University tuition? Is it harder today to pay for tuition than is was in the past? How Are Canadian Universities Funded? Over the years various Canadian Governments and donations (Corporate and personal) pay between 75% to 90% (round numbers) of the University costs leaving students to pay between 10% to 25% of the costs in tuition. What is the Average Price…
There are many who claim that in the last decade of Conservative rule in under Federal Prime Minister Harper and Alberta Premiers Stelmach, Redford and Prentice precious little was done for Alberta’s pipelines. On the other hand, earlier this year UCP Leader Jason Kenney said that it was completely wrong to say that pipelines had not been built under that Conservative leadership. (Note that we cannot locate the exact quote so if you can find it, please send it to us so we can correctly detail the verbiage used). The…
Canada imports about 1 BILLION barrels of oil per year, nearly all into Quebec and Ontario in-spite of the fact that it exports 3.1 Billion barrels of oil per year. These are the specific numbers taken directly from the Canadian Federal Government from 2016: Canadian production: 3.9 MMb/d Imports: 0.9 MMb/d Exports: 3.1 MMb/d Below are some other statistics you might also find interesting: Canada Has the Third Largest Proven Reserves on the Globe: World proved reserves – 1,646 billion barrels…
Much has been said about the Kinder Morgan Trans Mountain pipeline and while the Trudeau Government has made it clear they do not want to own it for very long, there are rumblings that they will use this as a management tool to develop or support the much needed Energy East Pipeline. In the last few months the debate over such an advanced economy as Canada exporting raw materials and importing finished goods based on those raw materials has become…
The current Kinder Morgan Trans Mountain pipeline debacle agonizingly demonstrates that even medium scale infrastructure projects are easily stalemated in Canada. This has scared away vast sums of foreign direct investment as investors look for easier, more reliable places to put their money. This is a crisis and it appears that the Trudeau Federal Government is taking it seriously. Prime Minister Trudeau announced yesterday that his government would be introducing legislation to ensure this pipeline is constructed in a timely…
Today Bloomberg’s Michael Bellusci wrote an article explaining that Canadian oil and gas companies are in deep trouble. Here is an excerpt: Canada’s Energy Industry Faces ‘Extinction’ Without M&A, BMO Says Investors have bailed on the Canadian energy sector, although mergers & acquisitions north of the border could provide a much needed catalyst, barring pipeline and political developments… Source: bloomberg.com/news/articles/2018-04-05/forget-permian-canada-s-energy-needs-m-a-to-avoid-extinction On the same day, Global News reported: Feds to spend $280k to study why Canada’s oil and gas sector is falling behind The federal…
There has been much talk in the recent decade about banning disposable plastic bags. The basic argument is that consumer grade disposable single use plastic bags are the root cause widespread environmental damage but have ready alternatives, so why are will still using them? As is often the case with political issues, there is no simple answer to the question “Should single use plastic bags be banned?”. Below are some of the facts and you can decide for yourself if…
Canada already had several Gold Rushes that left environmental devastation and abandoned towns. China’s BitMain is opening a server farm in Quebec and others are trying to open in Manitoba. Manitoba is thinking this could be another path to destruction that they do not want to participate in.
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