Canada’s energy industry paid over $701 billion in federal, provincial and local taxes, royalties, and fees since 2000. That is: Nearly twice the latest forecast of the federal budget deficit of $354 ...
Bills are one of life’s certainties, and in Canada, so is winter. When combined, the two add up to a growing affordability crisis across the country. Get the Latest Canadian Focused Energy News ...
The electricity grid’s capacity will have to double in the next 21 years to meet the forecasted demand. Experts warn that Canada, and much of North America, could face electricity shortages from now ...
Construction workers look on at the FortisBC Tilbury LNG expansion project in Delta, B.C., Monday, Nov. 16, 2015. CP Images photo Worldwide concerns about energy security have put a renewed focus on ...
Recently I had the opportunity to speak at The Road Ahead, Alberta Energy 2024, presented by EnergyNow at the Calgary Petroleum Club. Get the Latest Canadian Focused Energy News Delivered to You! It's ...
By: Kenneth P. Green Hydraulic Fracturing: Opportunities for Atlantic Canada Atlantic Canada has significant reserves of unconventional natural gas which could be developed via the technology of ...
The new LNG Canada facility in Kitimat, B.C., began shipping liquefied natural gas in July but is not expected to reach full capacity until later in the year. Photo by Government of B.C. Get the ...
An updated study by S&P Global in August found oil sands emissions did not increase in 2022 even though production grew. It’s a significant first that indicates oil sands emissions may start ...
In one of the great ironies of modern Canadian life, a country with plentiful oil reserves has imported $488 billion in foreign oil since 1988. This is so despite the presence of the one of the ...
Western Canada Select (WCS) is a type of heavy crude oil produced in Western Canada, primarily in the Alberta oil sands. WCS often trades at a discounted price compared to West Texas Intermediate (WTI ...
In December 2020, the federal government announced that the carbon tax would be increased to $170 per tonne by 2030, an increase of $130 per tonne from $40 in 2021, or 325 per cent higher. The 325 per ...
CALGARY, Alberta–(BUSINESS WIRE)–Imperial Oil Limited (TSE: IMO, NYSE American: IMO) announced today the terms of its substantial issuer bid (the “Offer”) pursuant to which the company will offer to ...