Changes to royalties could super-charge upgrading in Alberta

Fixing the royalty structure seems like low-hanging fruit

Changes to royalties could super-charge upgrading in AlbertaWith news of the official termination of the Keystone XL project, the Alberta government is out approximately $1.3 billion. What’s more, the province is left with unrefined bitumen that it doesn’t have the capacity to upgrade to higher-value products like gasoline and diesel. Why, then, does the province not look to develop its own capacity…

Prairie provinces debt levels a ticking time bomb

An economic burden for future generations

Prairie provinces debt levels a ticking time bombThe debt in Canada’s Prairie provinces has grown colossally during the COVID-19 pandemic, just as debt has in the rest of Canada and around the world. At the end of 2020, Alberta’s debt was estimated at $98 billion, Manitoba’s was $28.6 billion and Saskatchewan’s was $15 billion. These debts are an economic burden for the taxpayers…

Rising demand and prices suggest an oil market resurgence

US$100 oil is a distinct possibility

Rising demand and prices suggest an oil market resurgenceThe world needs more oil. The Organization of Petroleum Exporting Countries (OPEC), Russia and American shale oil producers all need to up their output to keep the rising prices of the “super cycle,” as Saudi Energy Minister Prince Abdulaziz bin Salman called it, under control. Media reports say Prince Abdulaziz bin Salman told the Robin…

Business grad manages all-star performance in school and sports

From penalty kicks to the Academic All-Canadians, Kiera Fujimoto was a clutch player on the soccer pitch and in the classroom

Business grad manages all-star performance in school and sportsThe second-last time former University of Alberta Pandas midfielder Kiera Fujimoto took a penalty kick to decide a meaningful soccer game, she was a member of an under-15 Team Alberta playing in the final of the All-Star National Championship in Ontario. Unfortunately, her miss as the seventh shooter resulted in a loss in the final.…

Incidents of serious parasitic disease on the rise in Alberta

The province is now the North American hotspot for a rare, potentially fatal disease

Incidents of serious parasitic disease on the rise in AlbertaA rare parasitic infection imported from Europe continues to take root in Alberta. The province is now the North American hotspot for human alveolar echinococcosis (AE), which takes the form of a growth in the liver, causing serious and potentially deadly health complications. A recently published review of known AE cases in Alberta found 17 instances…

Alberta still pulling its economic weight despite hard times

Despite the gloomy reports emanating from its oil and gas industry

Alberta still pulling its economic weight despite hard timesBy Bruce Lantz Reporter Resource World Magazine Alberta’s economy has taken a beating in recent years, but it isn’t likely to receive the federal equalization payments enjoyed by other disadvantaged provinces. Equalization transfer payments are made by wealthier provinces to offset financial shortcomings in other parts of the country. The process is entrenched in the…

I have diabetes. Here’s why I’m glad I live in Alberta

Having access to the Alberta Diabetes Institute makes living with diabetes a little easier

I have diabetes. Here’s why I’m glad I live in AlbertaBy Gillian Rutherford Contributor Troy Media People like me who live with diabetes have a lot to celebrate. It was 100 years ago that insulin was discovered and purified by a group of Canadian scientists, including the University of Alberta’s James Collip. That discovery commuted the death sentence of a diabetes diagnosis into a life…

Augustana grad eager to share her love of the outdoors with others

Everyone should have the chance to connect with nature and understand its importance to our lives, Kate Corrigan believes

Augustana grad eager to share her love of the outdoors with othersKate Corrigan still has blister scars from backpacking up to the base of Mount Robson during a high school field trip, but it was that first trek that sparked a passion for the great outdoors. “For me, the outdoors is a place to disconnect, to reconnect. You’re away from the stress of work, school, social…

Short-term gains on the crude oil market as climate change looms

The IEA concedes rising oil demand at odds with its call to end new oil, gas and coal funding

Short-term gains on the crude oil market as climate change loomsThe International Energy Agency (IEA) is torn between two conflicting ends. On one hand, it’s grappling with climate change issues; on the other, it sees rising oil prices. For now, the two ends seem to be running parallel but not converging. Oil demand is rising fast, as are prices, reaching multi-year highs on Friday. Brent…

Killing Keystone XL gives other countries an advantage over Canada 

Plenty of other countries ready to take over Canada’s market share if Canada exits the oil business

Killing Keystone XL gives other countries an advantage over Canada By Mark Milke and Ven Venkatachalam Canadian Energy Centre The killing of the cross-border Keystone XL pipeline due to anti-oil activism and politics will change nothing about worldwide oil demand. All it does is hand an advantage to Canada’s competitors. Worldwide oil consumption has been on an upward trajectory, and with the COVID-19 pandemic subsiding…
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