Why Ontarians should care about Alberta oil and gas

Alberta’s consumers, businesses and governments were responsible for $31.4 billion of Ontario’s total interprovincial trade in 2016 alone

Why Ontarians should care about Alberta oil and gasBy Mark Milke and Ven Venkatachalam Canadian Energy Centre “All politics is local,” as 1980s-era U.S. House of Representatives leader Tip O’Neill put it. O’Neill’s point was straightforward: Voters care about what affects them. That, naturally, is where politicians then aim their promises and rhetoric. What’s true in politics is also true of the economy:…

Energy use forecasts pivot dramatically

Global energy players and major stakeholders are out with their keenly-awaited and immensely researched outlooks

Energy use forecasts pivot dramaticallyEnergy outlook season is here. And it’s not rosy. Global energy players and major stakeholders are out with their keenly-awaited and immensely researched outlooks. COVID-19 has turned 2020 into an unusual year, carrying long-term ramifications for the energy world. The Paris-based International Energy Agency has termed the pandemic a disruption not seen since the “world…

Alberta to suffer country’s worst recession this year

Alberta’s economy will contract by 7.3 per cent this year and is then forecast to grow by 4.1 per cent in 2021 and by 3.3 per cent in 2022

Alberta to suffer country’s worst recession this yearThe centre of Canada’s oil and gas industry, Alberta, faces a particularly difficult road ahead as the pandemic will extend the province’s already lengthy economic recovery and its recession this year will be the worst in the country, says a new report released Thursday by Scotiabank Economics. The report said Alberta’s economy will contract by…
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