We need a national mining strategy so Canada can supply the global market with the lithium needed for electric vehicle batteries
Political pundits, politicians and talking heads in the media for the most part spend very little time watching for disruption and innovation in the marketplace. A global consensus has formed that oil as a form of transportation energy should become a stranded asset. Alberta’s vast lithium reserves mean the province can forget about yesterday and…
With the Brent crude oil price touching $65 last week, markets have entered the hot zone. Inclement weather, the resultant rising demand for heating, a dip in United States output and the unilateral Saudi output cut all helped to tighten the markets, contributing to the bull run. Parts of the U.S. have been in a…
2021 perfect opportunity for the feds to demonstrate its commitment to a sector critical to the Canadian prosperity
If only the federal government would put its full force behind the energy sector, as it does other critical sectors in the economy. In early October, Prime Minister Justin Trudeau announced he wouldn’t back down from the latest American round of attacks on Canada’s softwood lumber industry. Then, the federal government announced it would pursue…
By every measure, Canada is a beacon of civil, political and economic rights
By Mark Milke and Lennie Kaplan Canadian Energy Centre Over the past two years, three insurance companies from Europe – Axa, Zurich and Swiss Re – announced plans to stop insuring Canadian oil sands projects, and reduce or entirely eliminate investments in the oil and gas sector. The reason offered is the standard refrain: assumed…
The introduction of a wealth tax in Canada is a recurring subject that has drawn new interest during the current COVID-19 crisis. It’s a temptation best ignored. In the 2020 throne speech, Prime Minister Justin Trudeau said, “The government will also identify additional ways to tax extreme wealth inequality,” arguing that it will help the…
Quarantining the healthy, while failing to properly protect the most vulnerable, never made sense
By David Redman and Brian Giesbrecht Frontier Centre for Public Policy Vaccinations are happening and lockdowns will finally end. Politicians, and a supportive media, will tell us that their lockdown policies saved us. But before accepting that claim, should we not take a close look at others who did things differently? The public will be…
Crude oil markets firmed up in the last week to levels not seen in almost a year. Does that indicate a real change in direction or is it just a passing phase? In sharp contrast to its January meeting, the virtual ministerial meeting of the Organization of Petroleum Exporting Countries and its allies in OPEC+…
We naturally tend to rationalize taxes on others. However, the arithmetic is undeniable: we can’t solve our problems by soaking the rich
Eat-the-rich rhetoric is good politics but bad policy. The wealthy minority contribute precious investment and much-needed employment, but no good deed goes unpunished. The spectre of a wealth tax, which hangs over Canada, epitomizes infantile, self-defeating governance. Last autumn, federal NDP Leader Jagmeet Singh introduced a motion in the House of Commons calling for a…
Four areas of focus – now and in the coming years – are interprovincial trade, streamlined taxation, immigration and innovation
Social engineers are eager for Canadians to buy into the same madness touted across the globe for post-pandemic recovery: more government spending. Now is precisely when technocrats must take a back seat and let markets take the wheel. On Nov. 30, Finance Minister Chrystia Freeland presented the 2020 Fall Economic Statement to Parliament. The report…
The world sped ahead getting LNG online but Canada stalled, meaning lost revenue and missed environmental opportunity
By Mark Milke and Ven Venkatachalam Canadian Energy Centre Over the past several years, a plethora of naysayers have reflexively opposed the extraction and export of natural gas from Canada. Some critics have even argued that the prices for liquefied natural gas (LNG) shouldn’t warrant investment by Canadian companies. Much of this anti-LNG sentiment has…