Thousands of fossil industry jobs in Alberta are gone forever, even if oil prices ever return to $100 per barrel, and the shift has nothing to do with the province’s never-ending quest for a pipeline to tidewater, a leading government economist admitted this week.
“I’ve learned as an economist to never say ‘Never,’ but even if it were to come back, because of the use of better technology and innovation, the energy sector will not need as many people going forward,” ATB Financial Chief Economist Todd Hirsch told CBC Radio’s Edmonton AM.
A mass demonstration is planned in the Vancouver, B.C., metro area Saturday against the expansion of Kinder Morgan’s Trans Mountain pipeline project. Nearly 7,000 Coast Salish Water Protectors have signed up to participate.
Building in the courts and halls of Canadian government for years, conflict over the mammoth Trans Mountain tar- sands oil-pipeline expansion is expected to spill into the streets of British Columbia Saturday with massive civil disobedience demonstrations.
Yesterday, I joined a team of Ottawa area residents to form a ‘Pipeline Evidence Unit’. Our goal was to search the Prime Minister's Office and government buildings on Parliament Hill for any shred of evidence proving that Kinder Morgan is -- as Trudeau claims climate safe, spill-proof and compatible with Canada’s commitments to Indigenous rights.
Has Big Oil exposed itself to billions in losses from a widening price differential between light (West Texas Intermediate, or WTI) and heavy (Western Canadian Select, or WCS) oil?
That’s the hypothesis in a report by Scotiabank as reported in The Vancouver Sun on Feb. 20 (Pipeline delays impose demonstrable cost ($10.7 billion) to Canada’s economy: Scotiabank).
Alberta recently took its battle with British Columbia over Kinder Morgan’s Trans Mountain pipeline project to B.C.’s major daily newspapers.
The provincial government’s full-page advertisement lamented the dispute between the Alberta and B.C. governments over the need and wisdom of the pipeline project.
A group of North Coast First Nation hereditary leaders says it is in full support of the federal government’s proposed oil tanker ban.
The Allied Tribes of Lax Kw’alaams says there have been misconceptions about who represents the hereditary leadership of the First Nation. The leadership group says that the Chief’s Council set up to advise proponents of the Eagle Spirit Energy project has been misrepresented as the voice for hereditary leaders in Lax Kw’alaams.
