Democracies can’t abandon oil and gas production

We have to beware tyrannies and autocracies that use oil and natural gas as weapons

Democracies can’t abandon oil and gas productionBy Mark Milke and Lennie Kaplan Canadian Energy Centre History shows tyrannies and autocracies use oil and natural gas as weapons when interacting with democracies. This is obvious during wars – tanks and jets don’t run on vegetable oil – as well as peacetime. For example, in 2009, Russia cut natural gas supplies to Ukraine in…

Beware the promises of a post-COVID-19 utopia

The Great Reset is a financial plot dreamed up by economists. It's a catalyst to facilitate a social agenda from radical progressives

Beware the promises of a post-COVID-19 utopiaThe Great Reset is often labelled a conspiracy theory but it’s real. All it takes is a cursory Google search to see that the World Economic Forum (WEF) and other global economic bodies have adopted the term with precisely the same meaning as the one used by those people called conspiracy theorists. Openly contemplating the…

No major relief in sight for oil markets

Ominous clouds continue to hang over the global oil horizon

No major relief in sight for oil marketsWhere will world oil markets be in a year? With so many variables impacting the markets, no one has the crystal ball to see the crude oil price trajectory a year ahead. On April 20, 2020, panic had gripped the energy market as a frightening realization dawned on oil traders: The world was rapidly running…

O’Toole pledges swift and effective action on climate change

The Conservative plan puts the decision-making back in your hands

O’Toole pledges swift and effective action on climate changeCanada’s Conservatives have a plan to take swift action on climate change and trust Canadian families to be part of the climate change plan. Canadians can’t afford Prime Minister Justin Trudeau’s carbon tax hike and we must rebuild our economy after COVID-19. Our plan will achieve the same emissions reductions as the Liberal carbon tax…

Canada’s gas flaring practices among the best in the world

In 2019, Canada recorded a 49% reduction in flaring from just five years earlier. And Canada is responsible for just 0.7% of worldwide

Canada’s gas flaring practices among the best in the worldBy Mark Milke and Ven Venkatachalam Canadian Energy Centre If you’ve spent time in Western Canada near an oil or gas well or refinery, you might have noticed a smokestack-like pipe with a flame at the top. Or you might have seen such a flame in pictures of refineries in Saudi Arabia, Nigeria, Texas, or…

Alberta can forget becoming the 51st American state

Joe Biden’s affinity for a Green New Deal and a great reset shows the same hostility for hydrocarbon energy that Trudeau does

Alberta can forget becoming the 51st American stateAs many as a third of Albertans steadily favour breaking away from Canada, according to polls. Some even believe that joining the U.S. as a 51st state is the best option, but that seems less likely now. The impulse to reject Canada is as old as British North America and is rooted in issues that…

Modelling the impact of restrictions to prepare for next public health crisis

Modelling the impact of restrictions to prepare for next public health crisisWhile the COVID-19 pandemic continues to challenge Canada’s health-care system and economy, a University of Alberta economist has been awarded $1.25 million by the federal government to start planning for the next public health crisis. Christopher McCabe, professor in the Faculty of Medicine & Dentistry and CEO of the Institute of Health Economics, will lead a cross-Canada team…

How to re-engage women in the economy after COVID

How to re-engage women in the economy after COVIDWomen have been hit hardest when it comes to job losses during COVID-19, so when the federal government brings down its budget on April 19, the first since the pandemic began, it’s expected that getting women back to work will be a top priority. The government has tapped 18 women to form Canada’s Task Force on Women…

The speech O’Toole should have made

It’s time Canada had a prime minister who won’t fall for China’s lies. Build jobs at home, not in China

The speech O’Toole should have madeConservative Leader Erin O’Toole’s speech at the party’s convention was an opportunity to attract Canadians wanting change. Unfortunately, as John Ivison reported in his March 24 National Post column, six in 10 Canadian voters remain politically homeless after the speech. Here’s my version of a speech that would have resonated with many of those politically…

Why we need to make room for alternative lenders

Crackdowns fail to recognize that alternative lenders are the last hope for Canadians shut out of the traditional lending market

Why we need to make room for alternative lendersThe media often portray alternative lenders as slippery, unethical loan sharks who exploit the poor. When targeting the sector and not just a few bad apples, such stories are easy, cheap hit jobs. New Brunswick Sen. Pierrette Ringuette, for example, recently described alternative loans to CBC Marketplace as “an abusive financial process that needs to…

A web of pipelines binds the Canada, U.S. economies together

453,000 km worth of tubes provide a plethora of jobs

A web of pipelines binds the Canada, U.S. economies togetherBy Mark Milke and Lennie Kaplan Canadian Energy Centre “Designing hypothetical roadmaps outlining complete elimination of fossil carbon from the global energy supply by 2050 is nothing but an exercise in wishful thinking that ignores fundamental physical realities,” wrote Vaclav Smil a year ago. Smil, a University of Manitoba professor of the environment (emeritus), wants less…

Canadian oil still the safest bet for Americans

Canada was the only free-country supplier of foreign crude oil to the U.S. between 1993 and 2020

Canadian oil still the safest bet for AmericansBy Mark Milke and Lennie Kaplan Canadian Energy Centre Imagine you’re in Germany and wonder if it’s a good idea to rely so heavily on natural gas imports from Russia, where the governing regime is accused by German politicians of killing journalists and the attempted murder of Russian opposition leader Alexei Navalny. German Chancellor Angela…

Is Canada on a well-worn path to destruction?

There are surprising commonalities in the rise and fall of 11 historic empires. Canada is on the same path

Is Canada on a well-worn path to destruction?Could Canada soon meet its end, given its many divides and increasing public debt? If Sir John Glubb is right, the answer is yes. Glubb’s 1976 work, The Fate of Empires and Search for Survival, found surprising commonalities in the rise and fall of 11 historic empires. Although they spanned 3,000 years and varied geography,…

Modern monetary theory threatens to weaken economic progress

MMT leads to more government control over the economy and turns central banks into a political tool

Modern monetary theory threatens to weaken economic progressPublic debt is not a problem, suggests the big idea behind modern monetary theory (MMT). That’s a faulty and dangerous assumption. The current economic crisis has allowed MMT to gain influence among the political class. Among the people who developed United States President Joe Biden’s economic program is Stephanie Kelton, a former economic adviser to…

Policy uncertainty continues to hurt Canada’s mining industry

To attract the investment required to develop resources, mitigating the risks of policy uncertainly needs to be a top priority

Policy uncertainty continues to hurt Canada’s mining industryBy Jairo Yunis and Elmira Aliakbari The Fraser Institute The COVID recession has hurt Canada’s natural resources sector, with supply disruptions, commodity price declines and greater uncertainty regarding future demand. Not surprisingly, capital investment in the Canadian mining industry has dropped to its lowest level since 2009. Of course, business investment should be a key…
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