Reading Time: 4 minutes It is a mistake to think Canada can thrive without the export wealth generated by the energy sector
Tag: Newfoundland economy
Oil markets still face uncertain future
Reading Time: 3 minutes Even if the vaccines remain effective against the new COVID-19 mutants, a true crude oil market rebound is still a long shot
A legitimate demand for oil industry investment?
Reading Time: 3 minutes The International Energy Agency says sufficient long-term oil supplies ‘should not be taken for granted.’ Others are less optimistic about the future of the industry
Freer cross-Canada trade will most benefit Atlantic provinces
Reading Time: 3 minutes A number of restrictions inhibit labour mobility, as well as the free trade of goods and services. And trade barriers add regulatory burdens on businesses
The crude oil market is approaching its peak
Reading Time: 3 minutes This year’s drop in oil demand isn’t just another crash. While a number of other factors were already in play, COVID-19 has accelerated the long-term trends
Atlantic Canada facing a political vulnerability
Reading Time: 3 minutes Fiscal federalism, the lifeblood of the region’s economy, faces increasing pressure for reform, especially in the post-COVID-19 world
How Atlantic Canada fortunes and oil and gas are intertwined
Reading Time: 3 minutes Policy preventing resource extraction puts additional pressure on entrepreneurs, their businesses and taxpayers to pay for provincial government programs
Energy use forecasts pivot dramatically
Reading Time: 3 minutes Global energy players and major stakeholders are out with their keenly-awaited and immensely researched outlooks
Job losses mounting in oil industry
Reading Time: 3 minutes The collapse in oil demand and prices spurred the fastest rate of oil- and chemical-industry layoffs in history
Trudeau delivers another blow to energy, mining sectors
Reading Time: 3 minutes Plan requiring projects to describe how they will achieve net-zero emissions may not even be feasible