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Prairie farmers take financial hit as oil and gas slowdown stalls drilling rigs

October 9, 20162:00 PM The Canadian Press0 Comments

Alberta drilling rig

CALGARY - For 56-year-old farmer Shannon Webb, waking up Friday to six inches of snow coating his grain fields near Wynyard, Sask., the frustration of an interrupted harvest wins out, for now, over worry about the ongoing oil-and-gas drilling downturn. Like many Prairie farmers, Webb has used a steady paycheque from working on drilling rigs in winter and summer for decades to pay down his land and equipment debt and stabilize his farm income. He's been able to leave the rig to tend his [Read more]

ConocoPhillips

Pipeline leaks oil into marsh in central Alberta

October 8, 201610:56 AM The Canadian Press0 Comments

FOX CREEK, Alta. - Alberta's energy watchdog is responding to a crude oil pipeline leak in the Kaybob area of central Alberta. The Alberta Energy Regulator says on its website that Trilogy Energy Corp. contacted them to report that oil emulsion was found in a flowing marsh that is non-fish bearing. The regulator says the oil emulsion ratio is 50 per cent water and 50 per cent oil, but they don't know how much leaked in the area. An environmental contractor is also on site [Read more]

Montney Trilogy Energy

‘Saskatchewan’s interests:’ Premier mulls legal options on federal carbon tax

October 7, 20164:01 PM The Canadian Press0 Comments

REGINA - Saskatchewan Premier Brad Wall came out swinging Friday against the federal government's intention to impose a carbon tax, questioning whether it would be legal and whether Ottawa did its homework before announcing its plans. "This is a fight for Saskatchewan's interests," Wall said at the legislature. The federal plan announced this week by Prime Minister Justin Trudeau calls for a $10-per-tonne tax on carbon starting in 2018 and increasing to $50 per tonne by 2022. [Read more]

Carbon Tax

Engage early to avoid First Nations veto, AFN chief tells energy conference

October 6, 20163:35 PM The Canadian Press0 Comments

OTTAWA - Free, prior and informed indigenous consent means the right to say yes or no to major resource projects, the national chief of the Assembly of First Nations told an oil industry-sponsored energy conference Thursday. Perry Bellegarde's speech to the "Engage" conference at the University of Ottawa stressed that involving First Nations in potential projects from the get-go is the only way to achieve true accommodation — and economic stability. "The inherent right to self [Read more]

LNG

B.C.’s Clark urged to reject Kinder Morgan pipeline for failing key condition

October 6, 20162:27 PM The Canadian Press0 Comments

VANCOUVER - British Columbia Premier Christy Clark is being challenged to reject Kinder Morgan's Trans Mountain pipeline expansion proposal because it can never meet one of her five conditions to support oil pipeline development. More than 30 environmental, social and aboriginal groups from across Canada have sent a letter to Clark reminding her that one of B.C.'s conditions for pipeline support includes assurances of a world-leading oil-spill response. The groups say a study [Read more]

Kinder Morgan Trans Mountain Pipeline

Crude oil prices pop over US$50 a barrel for first time since late June

October 6, 20168:51 AM The Canadian Press0 Comments

TORONTO - Benchmark oil prices climbed above US$50 per barrel this morning for the first time since late June. Crude prices have been heading steadily upward over the past week but remain much lower than two years ago, prior to a global price collapse that began in November 2014. November contracts for light crude reached US$50.51 per barrel at one point. North American benchmark oil prices haven't been so high since June 24, when they were falling precipitously towards [Read more]

Alberta municipalities group debate sending letters of support for pipelines

October 6, 20167:02 AM The Canadian Press0 Comments

EDMONTON - Delegates at the Alberta Urban Municipalities Association convention will be debating a pair of resolutions to send letters to the National Energy Board to support Energy East and Kinder Morgan pipelines. Edmonton Mayor Don Iveson says the message should hold some weight, even if the association doesn't have standing at the hearings. He says it shows elected officials across the province strongly support the projects because it creates jobs and helps the economy. [Read more]

Kinder Morgan TransCanada

Telus issues apology to defecting customers over price on carbon support

October 5, 20162:49 PM The Canadian Press0 Comments

TORONTO - After sending out a tweet in support of the federal government's proposed carbon pricing plan, Telus has issued an apology to angry customers threatening to take their business elsewhere. The telecom giant said the tweet was not meant to be partisan or political, and apologized for it in another tweet sent today. Within hours on Tuesday night, Telus's offending social media high five to carbon pricing had sparked multiple responses from disgruntled people identifying [Read more]

Nova Scotia ‘will not be implementing a carbon tax,’ premier says

October 4, 20162:30 PM The Canadian Press0 Comments

HALIFAX - Nova Scotia's premier dug in hard against Ottawa's carbon price scheme Tuesday, saying his province "definitely won't" impose a carbon tax. Stephen McNeil also backed a decision by his environment minister, Margaret Miller, to walk out of federal-provincial meetings in Montreal over Ottawa's plan. Miller joined her counterparts from Newfoundland and Labrador and Saskatchewan who also left Monday's climate-change talks after Prime Minister Justin Trudeau stood in the [Read more]

Carbon Tax

After delay, B.C. agrees to back Ottawa’s proposal to expand Canada Pension Plan

October 4, 201612:23 PM The Canadian Press0 Comments

OTTAWA - British Columbia gave its blessing Tuesday to enhancing the Canada Pension Plan, a critical vote of support that opens the door for Ottawa to gradually increase contributions and benefits for future retirees. After a three-month delay, the B.C. government said it decided to back the proposal after considering feedback from stakeholders. That was quickly followed by a declaration of victory from Prime Minister Justin Trudeau, who said legislation would be introduced in [Read more]

LNG

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