Privatization only way to help Manitoba Hydro – and the province

The badly managed Crown corporation put a whole province at risk of austerity and diminished economic opportunities

Privatization only way to help Manitoba Hydro – and the provinceAppeals to sentiment and other emotions won’t make Manitoba Hydro financially viable. Manitobans can’t wish away the debacle that cost the utility, and all Manitobans, billions of dollars. The problem started years ago and it will probably take decades to get out of the mess. Attempts at northern development and providing aid to Indigenous communities…

Pipeline opposition largely funded by rich Americans

To maintain secrecy, large U.S. environmental foundations simply "purchased" the co-operation of Canadian organizations to stop Alberta oil from reaching international markets

Pipeline opposition largely funded by rich Americans“The meek will inherit the earth … if that’s okay with everybody else,” goes the old joke. When it comes to developing Canada’s energy sector, that trite joke seems all too true. The Northern Gateway, Energy East, and Pacific NorthWest LNG pipeline proposals have been scrapped. Scotiabank estimates that the Canadian economy forfeits $15.6 billion…

Time to unplug Manitoba Hydro

The Crown corporation is an archaic operation based on faulty principles, bad management and outdated market conditions

Time to unplug Manitoba HydroManitoba Hydro’s costly Keeyask dam project and Bipole III transmission line debacle – and the taxpayers’ likely assumption of much of the horrendous debt – were not inevitable. But Crown corporations have vulnerabilities inherent in being created and controlled by government. Risk begins with the false notion that Crown corporations are essential, providing services that…

Business confidence in Canada is collapsing

And the reason why is obvious

Business confidence in Canada is collapsingBy Jason Clemens and Niels Veldhuis The Fraser Institute Contrary to the announcement that Ottawa will spend almost $300,000 to discern the reason behind the lack of investment in Canada’s energy sector, there’s actually no great mystery. Kinder Morgan’s recent suspension of non-essential spending on its $7.4-billion Trans Mountain pipeline expansion project is the just…

Talking the talk, walking the walk of disruptive innovation

Canada's oil and gas sector needs to move forward in brave new ways, and that requires a new level of sharing and communication

Talking the talk, walking the walk of disruptive innovation(This is the fifth in an occasional series profiling organizations committed to more productive energy talk.)  Innovation talk may well be the one force capable of putting Canada's energy sector – particularly upstream oil and gas – back on its feet. But we have to get it right. That means creating – through talk –…

The fractured thinking behind Nova Scotia’s fracking ban

The ban on hydraulic fracturing defies science that says the practice is safe. And it means turning away from billions in profits

The fractured thinking behind Nova Scotia’s fracking banNova Scotia's wrong-headed ban on fracking denies the province a golden economic opportunity. Hydraulic fracturing, or fracking, is used to extract oil and gas from deep underground rock formations. Fluid is injected into formations with enough pressure to fracture the oil-and-gas-bearing rock. The Nova Scotia Energy Department has been told that the province sits on…

Trudeau’s energy quagmire

Trudeau faces the fight of his life but he needs to build a national energy strategy that fulfils today’s needs and tomorrow's dreams

Trudeau’s energy quagmireJustin Trudeau flew back to Ottawa on Sunday to do what he does best: smile, shake hands and get his picture taken. What he didn't do was clear a pathway for the Kinder Morgan pipeline expansion, and deal with a gathering storm that’s shaking Confederation to its foundations. The summit was a high-profile showdown between…

Alberta buys another ticket on the resource revenue roller-coaster

Despite promises to end the reliance on resource royalties, Rachel Notley's government keeps piling up the debt and looking to the same revenue source

Alberta buys another ticket on the resource revenue roller-coasterBy Ben Eisen and Steve Lafleur The Fraser Institute Before forming government, Rachel Notley and the Alberta NDP vowed to get the province “off of the resource revenue roller-coaster.” So it’s ironic that now-Premier Notley’s third budget promises to take the province on yet another ride. Her government’s vague and risky “path to budget balance”…

A flicker of hope in Canada’s gloomy energy climate

B.C.’s proposed tax incentive plan for an LNG facility in Kitimat is a step forward. But more must happen to revitalize Canada's economy

A flicker of hope in Canada’s gloomy energy climateBy Kenneth Green and Niels Veldhuis The Fraser Institute The British Columbia government recently announced it will provide a large tax incentive to promote the building of a natural gas liquefaction and export facility in Kitimat. The announcement is a bright spark in an otherwise gloomy environment for energy transport and export infrastructure. The Kitimat…

Carbon tax particularly dangerous to New Brunswick

The tax will slow the already-faltering New Brunswick economy and create a competitive disadvantage with U.S. businesses

Carbon tax particularly dangerous to New BrunswickWhile good intentions matter a great deal, results matter most. The federal government’s decision to impose a national carbon tax may be well-intentioned, but its effects may be detrimental to our economy. We’ll likely see its worst effects on New Brunswick. The idea is to give carbon a price. While there are a few ways…