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]
Shell postpones LNG Canada final investment decision as profits plunge
VANCOUVER, BC, Canada - Royal Dutch Shell is postponing a final investment decision on its proposed liquefied natural gas mega-project in British Columbia as it grapples with plummeting earnings due to low energy prices.Chief executive Ben van Beurden said Thursday that the company was delaying a final commitment on the LNG Canada project in northwestern B.C. as it makes "substantial changes in the company" that will likely include further spending cuts on top of the $12.5 billion it cut last [Read more]
Suncor CEO: 1,700 jobs cut in 2015, company ‘overachieved’ on cost cutting
CALGARY - The CEO of Canada's biggest oilsands player says about 1,700 jobs were shed over the past year or so — far surpassing its original target.Just over a year ago, Suncor Energy (TSX:SU) announced it would be cutting 1,000 jobs because of the sharp downturn in crude prices."We significantly overachieved," CEO Steve Williams said on a conference call with analysts on Thursday to discuss Suncor's fourth-quarter results.About 1,900 contractor and full-time employee positions were cut. But [Read more]
Energy conference hears it’s time for frank talk on energy use, costs and GHGs
OTTAWA - The controversial Energy East pipeline has now been endorsed by a provincial premier from each of Canada's three main political parties, interim Conservative leader Rona Ambrose said Wednesday in the House of Commons.She was, of course, trying to score political points by depicting Justin Trudeau's federal Liberal government as dragging its heels on TransCanada's proposed $15.7-billion west-to-east energy project.But the comment illustrates a much broader point, one echoed earlier this [Read more]
NEB says Energy East application too hard to understand, orders changes
CALGARY - The National Energy Board is directing TransCanada to rework its application for the contentious Energy East pipeline because the document is too hard to understand — even for experts.The federal energy watchdog, in a letter to the Calgary-based pipeline builder (TSX:TRP) on Wednesday, said it's not requesting a whole new application.Rather, it wants the reams of information already filed to be repackaged in a way that is easier to navigate.The company first submitted its application [Read more]
Oil workers call for more action on EI, pipelines, debt, as Trudeau visits Alberta
CALGARY - Prime Minister Justin Trudeau arrives in Alberta on Wednesday with oil prices in the gutter, the province's unemployment on the rise and many in the oilpatch concerned for their future.Here is what some Albertans have to say as Trudeau visits the province:Chase Scoville, 19, of Red Deer, can't find any apprenticeships to continue his studies as a heavy equipment technician. He's been laid off from three jobs in the oil sector and wants Trudeau to pay more attention to what's going on [Read more]
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