QUEBEC - Quebec Premier Philippe Couillard warned against irrational outbursts during the debate over the Energy East Pipeline on Tuesday, as environmental hearings into the controversial project entered their second day.Protesters briefly delayed the start of the hearings on Monday night by chanting loudly and unfurling an anti-pipeline banner in front of members of Quebec's environmental review agency committee tasked with investigating the risks and benefits of the project.Couillard said [Read more]
Alberta municipalities tout Energy East benefits, seek support across Canada
EDMONTON - Stung by criticism in Quebec of the proposed Energy East pipeline, Alberta municipalities are hailing the project's promise of jobs and economic growth.The Alberta Urban Municipalities Association has written a letter to its sister organizations across Canada seeking their support for Energy East."The letter cites estimates by the Conference Board of Canada that this project will support over 14,000 jobs annually during a nine-year development and construction stage," reads an [Read more]
Massive deficit from low oil prices looms as Newfoundland and Labrador delivers throne speech
ST. JOHN'S, N.L. - Newfoundland and Labrador's new Liberal government will deliver its first throne speech today as it tries to navigate a sea of red ink.The province recently had its credit rating downgraded as low oil prices drive up an unprecedented deficit that could top $2 billion.It relies on offshore oil for about one-third of government revenues, and was hit hard as prices dropped by more than half over the last 20 months.Today, Brent crude is trading for about US$41 a barrel, down from [Read more]
Alberta legislature back in session, with bills on carbon tax, labour, maternity
EDMONTON - Alberta's spring legislature session will focus on diversifying the province's battered oil-based economy, laying the groundwork for a carbon tax and cracking down on payday loan operators.Premier Rachel Notley said Tuesday there will also be $340 million in tax benefits for needy families and legislation to streamline and reduce a sprawling network of 301 boards, agencies and commissions.The tax benefits are expected to help 380,000 children. A low-income single parent with two [Read more]
Alberta set to roll out climate change legislation, details on $3B carbon tax
EDMONTON - Details of who pays what when Alberta brings in a new $3-billion a year carbon tax are to be released in the upcoming legislature session, says government house leader Brian Mason.Mason said the session, which begins Tuesday, is to see the government bring forward legislation as the next step toward implementing the carbon tax.The tax is set to begin next Jan. 1."It will enact the (carbon) levy. It will provide for rebates to individuals and to small business. It will create a new [Read more]
Pipe breaks off, falls to ocean floor as rig moved during storm off Nova Scotia
HALIFAX - Two kilometres of pipe that connects an offshore drilling rig to a wellhead deep under the ocean broke off and sank in a storm off Nova Scotia's coast Saturday, prompting concerns from an advocacy group over the risks of deepwater accidents caused by harsh ocean conditions.Shell Canada (TSX:SHC) says there was no drilling fluid or hydrocarbons leak because the pipe had already been drained of fluids and a blowout protector remained in place over the well.The Scotian Shelf includes some [Read more]
Quebec environmental hearings on Energy East Pipeline begin today
MONTREAL - Quebec's environmental hearings into the Energy East Pipeline project got off to a difficult start Monday evening, as protesters chanted and disrupted proceedings seconds after the company's vice-president began speaking.Joseph Zayed, with Quebec's environmental regulation agency, was forced to temporarily suspend the hearings as protesters snuck into the audience room, unfurled a banner denouncing the pipeline and sang songs to try and silence the presenter.The room was brought under [Read more]
TransCanada to terminate coal power contracts due to higher emissions costs
CALGARY - TransCanada Corp. (TSX:TRP) plans to end its agreements to buy power from three coal-fired plants in Alberta, saying the contracts are continuing to hurt their bottom line.The Calgary-based company said Monday costs associated with carbon-dioxide emissions from the plants have risen and are forecast to increase further over the remaining term of the agreements.The power purchase contracts can be terminated under a provision where a change in provincial law makes them unprofitable, [Read more]
Quiet settles over oilpatch work camps, putting squeeze on operators
CALGARY - A slowdown in oilpatch activity means fewer tradespeople on site, putting a squeeze on businesses that house and feed workers in remote locations.Before the downturn, when the oil and gas sector was chugging along, it was a challenge to entice enough skilled labourers to work for weeks on end far from home. Fat paycheques were one draw, but quality lodging was also key.Many camps more closely resemble hotels or resorts, complete with Wi-Fi, fitness centres, ice rinks and meals prepared [Read more]
Alberta legislature to begin session under shadow of looming $10 billion deficit
EDMONTON - Alberta's NDP launches a new session of the legislature Tuesday in the long shadow of a looming $10-billion budget deficit.Finance Minister Joe Ceci has already announced that with no end in sight to bargain basement oil prices, the budget he unveils in early April will be about double the original deficit estimate of $5.4 billion.But the plan, he says, is to expand efforts to diversify the economy beyond initiatives already announced such as an extra $1.5 billion for ATB Financial to [Read more]
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