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Natural Resources

This tag is associated with 5 posts

National Energy Board commenting rules ‘undemocratic’

Federal opposition MPs and environmental groups are crying foul over what they see as the government’s attempt to curtail public comment on Enbridge’s proposed 639-km Line 9 reversal pipeline route through southern Ontario and into Quebec. Tucked away in last spring’s Bill C-38 omnibus budget bill from Prime Minister Stephen Harper’s Conservative government is a requirement that … Continue reading

Becoming a Resource Superpower

Canada largely owes its economic development to natural resources, the vast and (theoretically) sustainable resources like lumber, fish, minerals, agriculture and energy in the form of oil and natural gas. Borrowing liberally from Harold Innis’s iconic The Fur Trade in Canada, hewers of wood and drawers of water we were, and in many ways, we remain. We’re just … Continue reading

‘The Revenge of the Old Economy’

Canada largely owes its economic development to natural resources, the vast and (theoretically) sustainable resources like lumber, fish, minerals, agriculture and energy in the form of oil and natural gas. Borrowing liberally from Harold Innis’s iconic The Fur Trade in Canada, hewers of wood and drawers of water we were, and in many ways, we … Continue reading

Ontario and Equalization Payments: ‘have-not’ actually means ‘has-no-oil’

In the two years since Ontario officially joined the ranks of the ‘have-not’ provinces, the volume of equalization payments received has jumped 534%. That’s right – 534%. From the first payment of $347M to this years whopping $2.2B – Ontario is officially suffering through a massive downturn brought on by the loss of almost 300,000 … Continue reading

Feature: No significant ‘rainy day fund’ for Alberta’s natural resource wealth

With the massive natural resource wealth that Alberta continues to enjoy as an accident of geography and an industrial system that craves what it has to sell, the Alberta government has long been in the enviable position of unimaginable wealth that seems – quite falsely – to be bottomless. Large volumes of oil and natural … Continue reading

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