The high cost of pipeline obstructionism in Canada

Our lack of capacity to cheaply transport crude is costing us billions. Policy-makers need to recognize the urgent need for pipelines

By Kenneth P. Green, Elmira Aliakbari and Ashley Stedman The Fraser Institute In recent months, Canadian crude oil prices have dropped relative to other international benchmark prices, costing the economy billions in foregone revenues. The recent increase in the Western Canada Select (WCS) price discount compared to West Texas Intermediate (WTI) is largely due to…

A flicker of hope in Canada’s gloomy energy climate

B.C.’s proposed tax incentive plan for an LNG facility in Kitimat is a step forward. But more must happen to revitalize Canada's economy

A flicker of hope in Canada’s gloomy energy climateBy Kenneth Green and Niels Veldhuis The Fraser Institute The British Columbia government recently announced it will provide a large tax incentive to promote the building of a natural gas liquefaction and export facility in Kitimat. The announcement is a bright spark in an otherwise gloomy environment for energy transport and export infrastructure. The Kitimat…

Manitoba mining industry buried by policies, taxes

Mining investors dramatically downgrade Manitoba in annual survey. Only the provincial government can fix this

Manitoba mining industry buried by policies, taxesBy Kenneth Green and Ashley Stedman The Fraser Institute Manitoba is no longer a top-ranked jurisdiction for mining investment because of government policy uncertainty, according to the Fraser Institute’s annual survey of mining companies. Every year, the Fraser Institute surveys mining companies around the world to determine which jurisdictions are attractive – or unattractive –…

Pipe dreams: Taking pipeline obstructionism to a whole new level

B.C.’s government seems intent on crippling the Canadian economy and tearing apart inter-provincial relations

Pipe dreams: Taking pipeline obstructionism to a whole new levelThe B.C. government has thrown yet another wrench in the gears of the Canadian provincial comity with a declaration that it will create a new regulatory process for pipeline approval and restrict how much bitumen can be moved through pipelines into the province. The government, led by Premier John Horgan, also announced it will create…

Is Ottawa really committed to new resource development?

It's doubtful. Its plan to “improve” the NEB actually makes it more difficult and costly for business to navigate

Is Ottawa really committed to new resource development?By Kenneth Green and Ross McKitrick The Fraser Institute The federal government recently announced its plan to “improve” the National Energy Board. The language of the announcement is all “sunny ways,” promising to be all things to all stakeholders. But the promises are incompatible. The announcement says the new approval process for major energy projects will…

Digging into mining investment growth

Mining investors will flock to jurisdictions that have attractive policies, and capital will follow, along with the ancillary benefits of jobs and tax revenue

Digging into mining investment growthBy Kenneth Green and Ashley Stedman The Fraser Institute Ontario has received some good news from mining investors. Those investors now see the province as one of the top 10 most attractive regions for mining investment worldwide, according to the Fraser Institute’s annual survey of mining companies. Every year, the institute surveys miners around the…

Canada paying the price for pipeline intransigence

Increasingly, the U.S. will compete with Canada for oil export markets, while more of its domestic needs are met by its own producers

If Canada’s governments won’t push to get pipeline projects built, Canadians will be the poorer for it. Canada’s overwhelming dependence on one market for its oil and gas exports comes with a serious price tag. Canadian Western Select crude oil sells at a substantially lower price than oil from other jurisdictions, such as West Texas…

The urban squeeze myth laid bare

Concerns about density are misplaced – Toronto and Vancouver have plenty of room to grow up and grow more affordable

The urban squeeze myth laid bareBy Josef Filipowicz and Kenneth P. Green The Fraser Institute Headlines about housing affordability in Canada mainly concern two cities – Toronto and Vancouver. In both cities and their surrounding areas, rental vacancies hover at or below one per cent, and home prices remain historically high. So Canada’s most desirable markets face tremendous pressure to…