CALGARY - Alberta Finance Minister Joe Ceci says the government is committed to responsibly managing tax dollars without "knee-jerk" cuts to social programs.Looking forward to the April 14 budget, Ceci says the NDP government plans to constrain spending without compromising services.Addressing the Canadian Club in Calgary, he said the government's goal is to "hold budgetary increases to below population growth plus inflation levels."He reiterated many of Premier Rachel Notley's comments in her [Read more]
Mulcair stresses resource development as Leap Manifesto push intensifies
EDMONTON - It is dangerous to suggest the controversial proposed policy road map known as the "Leap Manifesto" advocates the shutdown of Alberta's oilsands, Tom Mulcair said Friday as the party's convention got underway in Edmonton.The embattled New Democrat leader said that's not his view of the document — a linchpin in the ongoing tug-of-war over Mulcair's leadership, provincial NDP fortunes in Alberta and the future of the federal party.Nearly two dozen NDP riding associations are pushing for [Read more]
TransCanada working on repairing S.D. segment of Keystone pipeline that leaked
CALGARY - The U.S. pipeline regulator has given TransCanada approval to restart its Keystone pipeline system Saturday morning, a week after an oil leak was reported in South Dakota.Initially, the Calgary-based company will be required to operate the cross-border line at reduced pressure to make sure it's working properly, but full operations are expected to resume by the end of the day.TransCanada spokesman Mark Cooper says the company will conduct aerial patrols and visual inspections while the [Read more]
Oil spill fears remain one year after bunker fuel fouled Vancouver beaches
VANCOUVER - When the MV Marathassa leaked at least 2,700 litres of bunker fuel into Vancouver's harbour one year ago, the effects of the spill reached far beyond the city's picturesque waters and beaches.Delays in clean-up and notification of the city sparked public outrage, drew attention to Conservative cuts to the Canadian Coast Guard and prompted a flurry of campaign promises from the New Democrats and Liberals.The miscommunication and uncertainty of roles that caused the delays were [Read more]
Notley, on TV, urges buy-in for pipelines, says Alberta’s fate is Canada’s fate
EDMONTON - Alberta Premier Rachel Notley used a provincewide TV address Thursday to deliver one of her strongest statements to date on the need for new pipelines, saying Alberta's fate is Canada's fate."Every Canadian benefits from a strong energy sector," said Notley in the 15-minute taped address aired on three networks."But we can't continue to support Canada's economy unless Canada supports us. That means one thing: building a modern and carefully regulated pipeline to tidewater."We now have [Read more]
Scientists criticize Alberta move to dismantle oilsands monitoring body
EDMONTON - Prominent scientists are warning Alberta's environment minister that disbanding an arm's-length body that monitors the environmental impact of the oilsands is a mistake."Minister (Shannon) Phillips believes that there is public trust in government science," says a letter signed by 10 A-list researchers."It is our experience in dealing with the public that this is not the case."Signatories include scientists whose work originally exposed how poorly Alberta was tracking the [Read more]
Keystone pipeline down longer than expected as crews look for source of leak
CALGARY - TransCanada says about 63,600 litres of crude oil leaked from its Keystone pipeline in southeastern South Dakota and that it continues to investigate the incident.The Calgary-based company (TSX:TRP) says its spill estimate is based on the excavation of soil covering more than 30 metres of pipe around the spill site, about 60 kilometres southwest of Sioux Falls.Company spokesman Mark Cooper says they still have not identified the source of the leak.With the investigation and cleanup [Read more]
Laid-off oilpatch workers who moved provinces could face big tax bill
OTTAWA - When times were good, Canadians moved from across the country to the oilpatch in Alberta looking for work.But crude prices collapsed last year, throwing thousands of them out of work.That could mean big bills come tax time for those who returned to their home provinces before the end of last year.David Steinberg, tax partner at EY, said if someone spent 10 months of the year in Alberta and then moved to New Brunswick, all of their 2015 income will be taxed at New Brunswick's generally [Read more]
Canada’s oil-gas industry spends cautiously, biggest 2-yr drop on record: CAPP
CALGARY - Canada's oil and gas industry is on track to see its biggest two-year capital spending decline in its seven-decade history, according to the Canadian Association of Petroleum Producers.Companies are expected to invest $31 billion in 2016, a 62 per cent drop from the 2014 record of $81 billion. It's the biggest drop since CAPP and its predecessor organizations began keeping track in 1947 — the year of Alberta's first major oil discovery.The U.S. benchmark oil price was above US$100 a [Read more]
Not if but how: carbon pricing debate bypasses Saskatchewan’s Wall
OTTAWA - The chairman of Canada's Ecofiscal Commission has a message for Brad Wall as the Saskatchewan premier and high-profile carbon-tax opponent embarks on his third straight majority mandate."If you have a stated goal to reduce greenhouse gas emissions — and Saskatchewan does — the most cost-effective way to do it is carbon pricing. Period," says Chris Ragan, the McGill University economist who acts as the non-partisan commission's chief spokesman.And unless Saskatchewan abandons its [Read more]
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