Saskatchewan is facing a debt crisis

Saskatchewan is facing a debt crisis
Saskatchewan must act now to prevent a financial disaster. The 2024 budget must be balanced to decrease debt and address rising interest payments The government of Saskatchewan needs to present a balanced budget in 2024. No excuses. No exceptions. Balanced or bust. The government projected a $1 billion surplus for 2023-24. After the latest fiscal update, that projection now sits... Read More

Why Canada’s energy sector is key to boosting productivity

Why Canada’s energy sector is key to boosting productivity
How energy exports can transform Canada’s productivity and economic performance and create a brighter future for Canadians Canada’s productivity performance is dismal, with no improvement over the last nearly 10 years. Economists calculate productivity by dividing output value by the hours worked to produce it. However, the focus has often been on new, high-tech industries like information technology and artificial... Read More

What to watch for in Canadian energy in 2024

What to watch for in Canadian energy in 2024
The start-up of LNG Canada and the completion of the Trans Mountain pipeline among the energy sector highlights It’s going to be a big year for Canadian energy, with major milestones anticipated that will transform Canada from a supplier with a single customer (the United States) to a global player. Global demand for oil and gas is expected to stay... Read More

44 per cent chance Ottawa increases debt over 10-year period, study reveals

44 per cent chance Ottawa increases debt over 10-year period, study reveals
VANCOUVER – With current fiscal policies, and prior to the 2024 budget being presented, the federal government faces a 44 per cent chance the federal debt as a share of the economy will increase over ten years, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank. “The federal government has committed to... Read More

Court ruling justly slams Trudeau’s use of Emergencies Act

Court ruling justly slams Trudeau’s use of Emergencies Act
Landmark ruling declares invocation of Emergencies Act illegal In a long-awaited and unequivocal decision, the Honourable Justice Richard Mosley has declared the Liberal cabinet’s invocation of the Emergencies Act as not just questionable but outright illegal. Let’s be crystal clear: the government’s move to enact the Emergencies Act, an unprecedented action taken on Feb. 14, 2022, in response to the... Read More

Families brace for skyrocketing heat bills as Trudeau carbon taxes bite

Families brace for skyrocketing heat bills as Trudeau carbon taxes bite
Millions of Canadians are keeping an anxious eye on their thermostats, praying the power stays on and bracing for carbon-taxed heat bills to arrive. A frigid winter cold snap delivered daytime temperatures in the minus 30s with overnight wind chills of over minus 50 in parts of Canada. Natural gas furnaces are running around the clock, keeping families from freezing... Read More

New deal with Shell shows Canada is on the map for LNG

New deal with Shell shows Canada is on the map for LNG
Deal with the global gas giant Shell is a signal that LNG demand is viable beyond 2050 A new 20-year deal by global energy giant Shell to purchase liquefied natural gas (LNG) from British Columbia is a sign Canada is becoming a player in global LNG markets, says an industry specialist. Shell has agreed to buy two million tonnes of... Read More

Oil and gas Canada’s richest natural resource

Oil and gas Canada’s richest natural resource
Oil and gas assets valued at more than $40,000 per Canadian in 2022, StatsCan data shows The value of Canada’s energy resources is more than 75 times greater than the country’s other natural resources combined, according to new data from Statistics Canada. Led by the oil sands, Canada’s oil, gas and coal assets were worth $1.6 trillion in 2022 –... Read More

Trudeau hiking taxes again in 2024

Trudeau hiking taxes again in 2024
Brace for impact, taxpayers. Prime Minister Justin Trudeau will be reaching deeper into your pockets in 2024 with payroll tax hikes, a carbon tax hike and alcohol tax hikes. Canadians will be paying higher payroll taxes because of the mandatory rising Canada Pension Plan and Employment Insurance contributions. If you make $73,200 or more, you’ll be paying an extra $347... Read More