VANCOUVER - The Trans Mountain pipeline received $320 million in subsidies from the Canadian and Alberta governments in the first half of 2019, says a new report by an economic institute that analyzes environmental issues. The money included $135.8 million in direct subsidies and $183.8 million in indirect subsidies that were not clearly disclosed to taxpayers, says the report by the Institute for Energy Economics and Financial Analysis. "This is a very large subsidy. It really does [Read more]
Crash and fuel spill from tanker carrying crude prompts B.C. ministry monitoring
VICTORIA - A tanker truck that crashed and burned over the weekend near the B.C.-Alberta boundary was carrying 40,000 litres of crude oil. The Ministry of Environment in B.C. says much of the lost crude was likely consumed in the fire on the Pouce Coupe River Bridge, although a boom has been placed across the river in an effort to catch oil from getting downstream. It says in a statement the fiery crash happened Saturday on Highway 49 and the bridge will remain closed until an engineer [Read more]
B.C. First Nations drop out of court challenge, sign deals with Trans Mountain
KAMLOOPS, B.C. - Two First Nations in British Columbia's Interior that had been part of a court challenge against the Trans Mountain pipeline expansion have reversed course and signed deals with the Crown corporation. The Upper Nicola Band and Stk'emlupsemc te Secwepemc dropped out of the Federal Court of Appeal litigation, leaving four B.C. First Nations to fight the case. The Upper Nicola says in a joint news release with Trans Mountain on Friday that its deal represents a "significant [Read more]
One year later most oil-and-gas bailout money has moved, federal government says
OTTAWA - Canada's $1.6-billion bailout package for Alberta's battered oil industry is well underway but with little transparency about who is getting the money and for what. Almost $1 billion of the package of loans, guarantees and government grants announced last December is in the hands of companies but details are available for just a small fraction of the spending. Two Alberta petrochemical projects each received $49 million for new facilities to turn propane into a type of plastic, [Read more]
‘Pick a lane:’ Alberta premier fires back at Bloc Quebecois leader
CALGARY - Alberta Premier Jason Kenney says Bloc Quebecois Leader Yves-Francois Blanchet needs to "pick a lane." Kenney reacted in Calgary to comments the national separatist-party leader made after a meeting with Prime Minister Justin Trudeau in Ottawa. Blanchet says anyone seeking more independence for the West to promote the oil and gas sector should not come to him for advice. And he says if people are "trying to create an oil state in Western Canada, they cannot expect any help [Read more]
Alberta test case: Planned sale of gas wells, pipelines raises cleanup concerns
CALGARY - The possible transfer of hundreds of sour gas wells, pipelines and other facilities from an energy giant to a much smaller company has raised concerns about Alberta's efforts to ensure taxpayers don't get stuck with the cleanup bill. "My faith that the (regulator) is making some form of really careful stress test on these companies is just not there," said Mike Judd, a retired guide and outfitter who lives in the middle of the gas field and has filed a statement of concern over the [Read more]
Review of federal fossil fuel subsidies appears to be behind schedule
OTTAWA - Canada's promise to produce an inventory of its fossil fuel subsidies as part of a joint peer review with Argentina appears to be off schedule and may not deliver results until 2021, an environmental advocate says. The peer review, which launched in June 2018 as part of a G20 commitment to eliminate all "inefficient" subsides to the fossil fuel sector, never had a specific deadline but was expected to take about two years. A Finance Canada spokeswoman this week would not give any [Read more]
Alberta premier says proposal to pull out of CPP due to hostility from others
KANANASKIS, Alta. - Premier Jason Kenney is defending his idea that Alberta could pull out of the federal pension plan by saying times have changed. He says bold action is needed because of unprecedented hostility from the federal and some provincial governments that are actively blocking Alberta's economic future. Kenney didn't campaign in the spring election on leaving the Canada Pension Plan and setting up a provincial one, but says Albertans would get a say through a referendum. On [Read more]
TC Energy says Keystone pipeline has restarted after breach in North Dakota
CALGARY - The owner of the Keystone pipeline says the line has returned to service after a breach that leaked an estimated 1.4 million litres of oil in northeastern North Dakota late last month. TC Energy Corporation says the move follows the approval of its repair and restart plan by the U.S. Pipeline and Hazardous Materials Safety Administration, which ordered the line shut until the Canadian company completed corrective action. The company says it will operate the pipeline at [Read more]
Kenney announces ‘Fair Deal Panel’ to advance Alberta’s interests, like pipelines
RED DEER, Alta. - Alberta Premier Jason Kenney announced the creation of a panel that will examine ways to make his province more independent of Ottawa in a speech to the conservative Manning Centre on Saturday in which he rejected separatist arguments. Kenney's "Fair Deal Panel," which will include former Reform Party leader Preston Manning, will consult with Albertans on ideas such as establishing a provincial revenue agency, withdrawing from the Canada Pension Plan in favour of a new [Read more]
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