This fantastic spoof by our friends at “22 Minutes” shows how the Federal Government controls everything, Quebec takes everything and Alberta pays for everything. The only way this would be more funny, is if it were less true 🙁
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 Read more…
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 Read more…
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 Read more…
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 Read more…
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 Read more…
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 Read more…
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 Read more…
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 Read more…
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 Read more…
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 Read more…
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 Read more…
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 Read more…
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
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 government plans to spend up to $280,000 for a new study on Canada’s competitiveness in the oil and gas industry as investment lags and the United States offers new incentives for companies to move south…
Source: globalnews.ca/news/4123026/oil-and-gas-canada-falling-behind-study/
In general terms the issue is that with low oil prices, oil companies see better places in the world to put their money than Canada. Oil & Gas “activists” will initially claim a victory here because they have had some impact on making it difficult to get Canadian Oil and Gas to both international and domestic markets.
