Canada

23/02/22
Author: 
Barry Saxifrage
Bay du Nord. It calls for developing a huge new complex of oilfields offshore of Newfoundland and Labrador.Graphic by Barry Saxifrage

The International Energy Agency has clearly stated that no new sources of fossil fuels can be developed if humanity wants to keep the climate crisis within the guardrails set in the global Paris Agreement. The oil industry in Canada, however, shows no sign it plans to do what's needed voluntarily.

23/02/22
Author: 
Jessica Corbett
Greenpeace activists unfurl banners after building a wood and card 'oil pipeline' outside the Canadian High Commission, Canada House, to protest against the Trudeau government's plans to build an oil pipeline in British Columbia on April 18, 2018 in London. (Photo: Chris J. Ratcliffe/Getty Images)

Feb. 18, 2022

One campaigner called on Canada's government to instead "put all of our energy and political will into a just transition that leaves fossil fuels in the ground and supports people, communities, and workers."

Climate activists on Friday renewed calls for canceling the expansion of the Trans Mountain oil pipeline after the Canadian government responded to the project's soaring cost by pledging not to put any more public money into it.

20/02/22
Author: 
Charlie Smith
Three days after retired UBC professor William Winder and SFU student Zain Haq were jailed for peacefully opposing the Trans Mountain pipeline expansion, the federal government said it won't invest any new money into this project.

Before Mohandas K. Gandhi was sentenced to prison in 1922 for three articles published in Young India, he delivered a speech that went down in history.

"In my opinion, non-co-operation with evil is as much a duty as is co-operation with good," Gandhi told court. "But in the past, non-co-operation has been deliberately expressed in violence to the evil-doer.

18/02/22
Author: 
Amanda Stephenson
Pipes for the Trans Mountain pipeline project are seen at a storage facility near Hope, B.C. (THE CANADIAN PRESS/Jonathan Hayward)

[I can't help wondering if this is a maneuver to rush indigenous investor groups into the "partnership"-- groups that Trudeau and Freeland will be happy to lend money to. 

                 - Gene McGuckin]

Feb. 18, 2022

17/02/22
Author: 
Matt Lundy Economics Reporter
Feb. 16, 2022
 

Inflation hit a new three-decade high in January, heaping more pressure on the Bank of Canada to raise interest rates for the first time since the pandemic started.

The consumer price index rose 5.1 per cent in January from a year earlier, accelerating from December’s pace of 4.8 per cent and marking the first time since 1991 that inflation has surpassed 5 per cent, Statistics Canada said Wednesday. It was the 10th consecutive month that inflation has exceeded the Bank of Canada’s target range of 1 per cent to 3 per cent.

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