Why Canada still needs the Trans Mountain expansion

The expansion, now expected in late 2023, will help meet continued world oil use, benefiting Canadians

Why Canada still needs the Trans Mountain expansionThe case for the Trans Mountain Pipeline expansion remains strong as oil demand is on its way to a new record high, according to industry analysts. Following nearly two years of world consumption exceeding supply, global oil demand is expected to reach a first-ever 101.6 million barrels per day in 2023, according to the International Energy Agency…

Decarbonization – How the world has lost its mind

Decarbonization – How the world has lost its mindEpisode #14 continues our Decarbonization series, the first of three featuring David Yager (bio below). The series was produced by KEI Network for Troy Media. We welcome your comments below.  David Yager David Yager is an oil service executive, entrepreneur and long-time writer. He has worked in the oil industry since 1970, and from…

Decarbonization – The impediments of passion and politics

Decarbonization – The impediments of passion and politicsToday’s guest is Yogi Shulz (see his bio below). This episode explores decarbonization for addressing climate change and specifically discusses the impediments of passion and politics. The series was produced by KEI Network for Troy Media. We welcome your comments below.  Bios of today’s moderator and guest: Yogi Schulz Yogi Schulz was a founding…

Canadian energy sector has been down, but will never be out

Global Energy Show signals Canada’s oil and gas recovery and strong future

Canadian energy sector has been down, but will never be outA clear signal that Alberta’s oil and gas industry is alive and kicking was Calgary’s Global Energy Show held June 6 to 8. Last held in 2019, this important annual event was one of the many casualties of the COVID-19 pandemic in 2020 and 2021. Originally called the National Petroleum Show when it was started…

High and hidden taxes driving up the pump price

It's time our politicians did what's right and cut taxes to help Canadians afford their daily needs

High and hidden taxes driving up the pump priceAs far as Canadian politicians are concerned, the soaring cost of living is like winter slush, summer mosquitos and other unfortunate forces of nature. They would love to help, but what can they do? Here’s an idea: our politicians just need to follow the lead of other countries and cut the stack of hidden taxes…

Policy-makers need to focus on Canada’s commodity strengths

And stop undermining our role as a trusted resource supplier

Policy-makers need to focus on Canada’s commodity strengthsIn early June, the economics team at the Royal Bank of Canada (RBC) published a revised forecast for Canada and the 10 provinces. The good news is that notwithstanding slowing global growth, soaring inflation and escalating geopolitical tensions, Canada seems reasonably well positioned to navigate its way through the rest of 2022 and into next…

Decarbonization – Reason over emotion

Decarbonization – Reason over emotionToday’s guest is Yogi Shulz (see his bio below). This episode explores decarbonization for addressing climate change and specifically discusses how reason should trump emotion. The series was produced by KEI Network for Troy Media. We welcome your comments below.  Bios of today’s moderator and guest: Yogi Schulz Yogi Schulz was a founding partner…

Canada replaces OPEC as lead oil importer to U.S. Gulf Coast

New pipeline infrastructure helps connect Canada’s oil producers with demand from U.S. refiners

Canada replaces OPEC as lead oil importer to U.S. Gulf CoastThe tables have turned in the largest refining market in the U.S., with oil imports from OPEC countries like Saudi Arabia and Iraq taking a dramatic drop in the last five years. That’s thanks to increased imports from Canada, even without the Keystone XL pipeline that would have provided a direct connection from Alberta to…

Energy doesn’t have to be a political weapon

Canada can be the solution as the world looks for reliable energy while maintaining GHG targets

Energy doesn’t have to be a political weaponCanada and its partners in the G7 are calling on OPEC for solutions to the growing energy security crisis they say is a “grave concern” for households – particularly low-income households – around the world. The G7 is made up of Canada, France, Germany, Italy, Japan, the United Kingdom and the United States. It’s asking Organization…

Via Rail should be shut down or sold by the federal government

Operational and funding costs are huge: $548M in 2019 (before COVID-19) and $597M in 2021

Via Rail should be shut down or sold by the federal governmentInvestment managers and investors should often ask: If I didn’t already own this stock, would I buy it today? By any criteria, Via Rail, a federal Crown corporation, is not a good investment – even under unrealistically favourable assumptions. The federal government should rigorously examine this charitably-designated ‘enterprise,’ then aim it toward one of two…

Preston Manning continues to offer a guiding light to Canadians

His fictional story may have the best ideas anyone has had about assessing COVID impacts

Preston Manning continues to offer a guiding light to CanadiansA hallmark of Albert Einstein’s career was his use of thought experiments or “Gedankenexperiment” as a fundamental tool for understanding physical issues and elucidating his scientific concepts. These thought experiments employed his incredible imagination and took diverse forms. As a boy, Einstein mentally chased beams of light. For special relativity, he conceived moving trains and…

Market forces will govern the pace of energy transition

Market forces will govern the pace of energy transitionToday’s guest is Dave Collyer (see his bio below). Dave reviews the frustrations of the industry and its current challenges. He advances the importance of frank dialogue, collaboration, and Net-Zero as an economic challenge. He considers the diversity of potential solutions and the need to simultaneously sustain Canada’s economy while also pursuing Net-Zero. Finally, he…

Indigenous-owned Canadian LNG project advances 

21,000 jobs, $890 million in taxes and about $2.5 billion in annual GDP

Indigenous-owned Canadian LNG project advances There’s been a big step forward for a major proposed Canadian liquefied natural gas (LNG) project that’s seen as an opportunity for economic reconciliation with Indigenous communities and help to reduce global greenhouse gas emissions. Partners in the Ksi Lisims LNG project, including the Nisga’a Nation, have applied for a 40-year LNG export licence and…

Surging global coal use highlights opportunity for Canadian LNG

There are 2,449 coal-fired plants operating worldwide, 189 under construction and 292 planned

Surging global coal use highlights opportunity for Canadian LNGCoal use around the world is rising in what the head of the International Energy Agency (IEA) calls “a sobering reality check” for targets to reduce emissions. Against that backdrop, global demand for liquefied natural gas (LNG) is soaring, in part because it can help displace coal power and reduce emissions by half – or…

How we can each deal with inflation

Buying only what we really need eases our budgets, simplifies our lives and cools the economy

How we can each deal with inflationInflation is a relatively new concept to younger people, who have never experienced the onslaught of rising prices. It’s chilling to those who have lived through or learned of times when hard-earned and well-saved money depreciated in value. Monetary policy in Canada aims to keep inflation at or under two per cent. The latest rate…

Trudeau looking at a wealth tax to pay for soaring spending

Its impact on the overall economy means everyone will suffer

Trudeau looking at a wealth tax to pay for soaring spendingPrime Minister Justin Trudeau is eyeing a wealth tax to pay for his government’s spending spree. Heavily redacted documents obtained by the Canadian Taxpayers Federation show Trudeau asked for an analysis of a $60-billion wealth tax. With indefinite deficits looming, it must be tempting to grab that cash. But a wealth tax would inflict economic…

Carbon capture an opportunity for Canada to lead the world

Could become a new large-scale industry for Canada while reducing our environmental footprint

Carbon capture an opportunity for Canada to lead the worldCanada’s largest oil sands producers are “in full-scale development mode” on a major joint project designed to significantly reduce greenhouse gas emissions and propel the sector down the path to net-zero. The companies have planned one of the world's largest carbon capture and storage (CCS) projects. It’s a key piece of what could become a…

Preston Manning brings clarity to our lockdown misery

Most of the world has managed to move on past these divisive – and just plain dumb – policies

Preston Manning brings clarity to our lockdown miseryPreston Manning already occupies a place of honour in our history books as the father of modern conservatism. His accomplishments are too numerous to recount in this short article, and his articles, essays and books are many. With his many accomplishments and at his stage in life, one would think Preston would choose an easier…

WEBINAR: The pathway to sustainability

This episode features the introductory presentation in our final episodes on decarbonization – Pathway to energy, economic, and environmental sustainability by James Carter. He is also the Moderator for our final episodes. James is the former COO of Syncrude Canada and a graduate of Harvard Business School. The series was produced by KEI Network for…

Extra-low-emission Canadian LNG project gets green light

Natural gas is an absolutely critical part of any clean energy mix

Extra-low-emission Canadian LNG project gets green lightThe future looks brighter for Canada’s emerging liquefied natural gas (LNG) industry. A second project, Woodfibre LNG, has received the green light and a major expansion is being considered for the under-construction LNG Canada plant. It’s no surprise given the red-hot global market for LNG. Last year, LNG prices increased by 435 per cent compared…

Canada’s oil and gas workers don’t need a forced ‘just transition’

The sector will be critical to Canada, and the world, for decades to come

Canada’s oil and gas workers don’t need a forced ‘just transition’The idea of the need for a “just transition” for Canadian oil and gas workers is based on the false narrative that global demand is now decreasing and, therefore, Canada’s industry will no longer be profitable or essential in the very near future. This is not true. Oil and gas will continue to be critical…

WEBINAR: Emerging technologies that address climate change

Today's guest, Mark Summers, Chief Strategy Officer for Emissions Reduction Alberta, provides a number of examples of GHG emissions reduction projects underway. The series was produced by KEI Network for Troy Media. We welcome your comments below. Bios of our moderator and today’s guest: Eddy Isaacs Eddy Isaacs is the former CEO of Alberta Innovates…

With high inflation, capital gains are overtaxed even more

High inflation distorts the application of the capital gains taxes that many of us pay

With high inflation, capital gains are overtaxed even moreBy Valentin Petkantchin and Olivier Rancourt Montreal Economic Institute The 5.7 per cent year-on-year inflation Canada registered in February has not been seen since the early 1990s. Expansionary monetary policies and the economic sanctions accompanying the Russia-Ukraine war suggest that significant inflation is here for a while. High inflation not only erodes our purchasing power,…

Newfoundland and Labrador can grow as a trusted oil supplier to Europe

Already a steady supplier and can grow significantly if major projects get the go-ahead

Newfoundland and Labrador can grow as a trusted oil supplier to EuropeEurope needs new suppliers to get off Russian oil and maintain energy security in the long term. Newfoundland and Labrador’s offshore oil industry is already a steady supplier and can grow significantly if major projects get the go-ahead. “We have the potential certainly to be producing more,” says Paul Barnes, Atlantic Canada and Arctic director…

WEBINAR: Just what does Net-Zero even mean?

Today's guest, Oskar Sigvaldason, explains just what Net-Zero means and the continuing relevance of hydrocarbons for energy, while outlining the various changes required for transforming Canada's energy economy. The series was produced by KEI Network for Troy Media. We welcome your comments below. Bios of our moderator and today’s guest: Eddy Isaacs Eddy Isaacs is…

WEBINAR: Understanding the fundamentals of fission and fusion

Today's guest, Axel Meisen, explains nuclear fission and fusion, and the significant contributions each is expected to make for meeting the increasing global demand

Today's guest, Axel Meisen, explains nuclear fission and fusion, and the significant contributions each is expected to make for meeting the increasing global demand, and decarbonization, of energy in the long term. The series was produced by KEI Network for Troy Media. We welcome your comments below. Bios of our moderator and today’s guest: Eddy…

Western Canada continues to get shafted by Trudeau

Oil tankers off West coast are bad but drilling for oil off Newfoundland's coast is OK

Western Canada continues to get shafted by TrudeauWe all know politics is the art of the possible. Perfection isn’t for the real world. We aren’t surprised when tradeoffs and the occasional compromise creep into government policies. Nor do we require elected members of government, even at the ministerial level, to be experts in their portfolio areas, although we expect them to avail…
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