Imagine producing a bumper crop of a product in high demand around the globe, only to learn you must settle for a discounted price because there’s no easy way to get your product to market. Canadian grain farmers experienced that situation in 2013 and again last winter when their harvest outstripped the transport capacity of […]
Source: Financial Post
After the near collapse of NAFTA, Canadians learned a lesson. With our trade tied overwhelmingly to the largest economy in the world, a lack of alternative markets means we are behind the eight ball when we negotiate trade deals with Washington. The Trump administration said it wanted to “rebalance” NAFTA. This was no “give and […]
Source: Financial Post
With the Trans Mountain Pipeline Expansion Project stalled, and overall Canadian pipeline capacity limited, the pressure to ship crude oil out of Alberta continues to grow. The amount of oil shipped by rail has been increasing and showing little signs of letting up. The National Energy Board reported in June that crude-by-rail exports from Canada […]
Source: CBC
Workers and companies who were set to be employed on the Trans Mountain pipeline expansion have been left wondering where they stand as construction on the project begins to shut down. Ryan Bruce, director of government and public relations for the union CLAC, said some of the workers were sent home after the Federal Court […]
Source: Calgary Herald
Trevor Tombe is an associate professor of economics at the University of Calgary, and research fellow at the School of Public Policy On Aug. 27, the Trans Mountain Pipeline expansion project celebrated the official start of construction. Three days later, that all changed. This morning, Canada’s Federal Court of Appeal put the pipeline on hold. […]
Source: Maclean's
Maxime Bernier ignited his latest political firestorm when he used his Twitter account to criticize the “cult of diversity” perpetually promoted by the federal Liberals. If he had a valid point in there somewhere it was not helped by his unfair comments about “people who refuse to integrate into our society and want to live […]
Source: Financial Post
Federal income tax revenue fell by nearly $5 billion in 2016 and nearly all of the decline was attributable to Alberta, but exactly why remains an open question, says an economist with the University of Calgary. Lindsay Tedds says it’s not yet clear how much of the decline was due to economic factors — the […]
Source: CBC