VICTORIA - Premier Christy Clark says her government is concerned about high house prices in British Columbia and she's promising better opportunities for buyers to get into the market.Clark said Tuesday there is no single solution to soaring prices in some cities and it will take the combined efforts of the provincial and municipal governments to cool down the market.Housing was highlighted as a key government focus in a throne speech that outlined the political agenda for the coming months in [Read more]
Oil companies shouldn’t get federal cash to clean up oil wells: Saskatchewan NDP
REGINA - The Opposition NDP says federal money should not be used to help clean up oil wells in Saskatchewan because there are more important infrastructure projects to be done.Premier Brad Wall has pitched a proposal to Ottawa for $156 million to clean up old wells that aren't being used to help create jobs in the oil-and-gas sector.But NDP deputy leader Trent Wotherspoon says that money would flow to oil companies, which are required by law to clean up their own wells."Let's make sure that as [Read more]
COS, on brink of being taken over by Suncor, overhauls board, leadership team
CALGARY - Canadian Oil Sands Ltd., on the brink of being taken over by Suncor Energy, has overhauled its senior leadership team and board of directors.Ryan Kubik, who was CEO during the months-long takeover fight, and Donald Lowry, who was board chairman during that time, are no longer on the roster.The new CEO is Sandy Martin, vice-president of strategy and commercial development at Suncor (TSX:SU).Harry Roberts, the new board chairman, was a senior vice-president at Suncor before his [Read more]
Saskatchewan has idea to get laid-off oil workers cleaning up abandoned wells
REGINA - Saskatchewan wants the federal government to bankroll a program that would see oil and gas workers who have lost their jobs clean up abandoned and dormant wells.Premier Brad Wall says it would help stimulate employment in the oil-and-gas sector and accelerate environmental cleanup of wells that are no longer capable of production.Wall says he has pitched the proposal, which would cost Ottawa $156 million, to Prime Minister Justin Trudeau."Here is a chance for us to actually put people [Read more]
BHP Billiton puts up $20M for carbon capture research centre in Saskatchewan
REGINA - A multinational petroleum and mining company has invested $20 million to help establish a Saskatchewan-based centre to study carbon capture.Dean Dalla Valle of BHP Billiton says the research facility in Regina will build impetus for carbon capture projects internationally.Saskatchewan Premier Brad Wall announced the centre last fall.He says the technology is important because the world's fastest- growing countries still rely on coal.It's hoped the new centre will attract governments, [Read more]
Clark says B.C.’s economic engine needs cash from Ottawa to continue at top spot
British Columbia is Canada's only economic bright spot and the federal government needs to financially back mega-projects in the province that are good for the country, said Premier Christy ClarkClark met with Prime Minister Justin Trudeau Friday in Ottawa, where she said she pitched federal support for Metro Vancouver transit projects and a proposed billion-dollar upgrade of the hydro grid between B.C. and Alberta as a way to shut down Alberta's use of coal-fired power plants.The province needs [Read more]
Pipelines as political? Natural resources minister says it’s not a bad thing
CALGARY - The oilpatch often laments that the decision-making process for pipelines has become too political, but Canada's natural resources minister didn't shy away from that description when grilled in front of a Calgary business audience on Friday.During a question-and-answer session hosted by the Calgary Chamber of Commerce, Jim Carr said "of course" the process is a political one.The National Energy Board, an arms-length regulator, conducts hearings and makes recommendations on whether or [Read more]
Trudeau’s promises get lukewarm reception with some Alberta oilpatch workers
CALGARY - Prime Minister Justin Trudeau's promises of fast-tracked infrastructure spending and employment insurance reform in Alberta have received a lukewarm reception among some oilpatch workers."It's just a drop in the bucket of the billions that we've sent out east," said pipeline contractor Chad Miller, 35, of $700 million to come for construction projects and another $250 million for Alberta from a federal fiscal stabilization fund.Miller had been hoping to see some help for small-business [Read more]
Big hits and Brussels sprouts: Nenshi shrugs off Coderre’s Energy East talk
OTTAWA - Calgary Mayor Naheed Nenshi says it's up to the federal government to make the final call on pipeline approvals — not mayors or provincial premiers.The ongoing debate over getting western Canada's oil and gas to ocean ports continues to churn as Canada's big city mayors meet for two days of talks in the national capital.A group of Montreal-area mayors, fronted by former Liberal cabinet minister Denis Coderre, sparked a minor national unity furor last month when they came out against the [Read more]
Meeting with Trudeau encouraging, but no assurance on pipelines: Suncor CEO
CALGARY - Prime Minister Justin Trudeau offered a sympathetic ear to major players in Canada's oilpatch Thursday, but didn't provide any assurances on the fate of the pipelines Alberta so desperately wants to move its product to the coasts.Trudeau, federal Natural Resources Minister Jim Carr and Alberta Premier Rachel Notley took part in one-hour roundtables with oil and natural gas producers and their suppliers.The province's oil sector is looking for signals that Trudeau is serious about [Read more]
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