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7 Exciting Excursions To Take in Canada

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As we await the lifting of lockdowns, let’s dream a bit about travel.

7 Exciting Excursions To Take in Canada

Whether you live in Canada or plan to visit from another country, there are plenty of fascinating things to see and do. Canada is the second-largest country in the world in total area, so it would probably be impossible to see every part of it in a single lifetime. Therefore, here are some of the most worthwhile things to see and do across the breadth of this beautiful and welcoming country.

1. Vancouver

Rocks on the beach at sunset on the coast of Vancouver, BC

Vancouver is located on the West Coast of Canada. It is accessible by water via all inclusive cruises and by train, bus, and automobile as well. Vancouver offers multiple opportunities for fun excursions. You can tour the Canadian Rockies, take the Sea to Sky Gondola to Whistler for some skiing, or go whale watching from the southern end of Vancouver Island.

2. Jasper National Park

Maligne Canyon, Jasper National Park

In Alberta, you can find one of the best outdoor attractions in Canada: Jasper National Park. Covering 4,200 square miles, or 11,000 square kilometers, it is home to mountains, waterfalls, lakes, and springs. Points of particular interest in Jasper National Park include the Columbia Icefield glaciers and Maligne Canyon, which becomes an otherworldly realm of frozen waterfalls and ice caves with cold temperatures.

3. Churchill

Churchill is a small community located on the banks of Hudson Bay in northern Manitoba. It is known as the polar bear capital of the world, and you can indeed see polar bears there during their annual migration. However, Churchill also offers opportunities to see other natural wonders. In the summer, you can see beluga whales as they travel to their calving grounds in the estuary of the Churchill River.

Because Churchill is so close to the North Pole, winter nights get very long. This combined with a lack of light pollution makes it a good place to observe the aurora borealis, which appears when solar activity is high. Bear in mind, however, that there is no way to guarantee that the northern lights will be visible during your visit.

4. Niagara Falls

the famous Niagara Falls

Niagara Falls is located on the border between Canada and the United States. It is a short distance away from the city of Toronto in the Canadian province of Ontario. Though one of the most famous waterfalls in the world, Niagara is poorly understood by many. Most people do not know that it actually consists of three different waterfalls. You can see them all from the best possible vantage points by booking a tour.

5. Quebec

Once a French colony, Quebec is the main francophone center of Canada. The French influence is still very strong in Quebecois language, culture, and architecture, so a trip to Quebec is a little like taking a mini-European vacation without going too far from home. You can see majestic waterfalls and quaint little villages in the idyllic Quebec countryside, or you can experience the cosmopolitan excitement of Montreal, its biggest city. Points of interest include the Old Port of Montreal via the Place Jacque Cartier and Mont-Royal Park, one of the largest greenspaces in the city.

6. Ottawa

Ottawa is the capital city of Canada but tends to get outshone by larger and more popular cities, such as Toronto, Montreal, and Vancouver. This may be to your advantage if you’d like to avoid crowds of other tourists on your excursion. Because Ottawa is the seat of Canadian government, you can visit the Royal Canadian Mint and see Parliament Hill during your visit. There are also boat tours and bus tours of the city available.

7. Maritimes

The Maritime Provinces are located on Canada’s east coast, along the Atlantic Ocean. There are four maritime provinces altogether: Nova Scotia, Newfoundland and Labrador (which coincidentally lends its names to two different breeds of dog), Prince Edward Island, and New Brunswick. Each has something unique to offer, from the red rock cliffs and literary heritage of Prince Edward Island to the Cape Breton Highlands of Nova Scotia to whale watching in New Brunswick’s Bay of Fundy to the world’s largest fossil park in Newfoundland and Labrador.

There are many opportunities to take guided tours of notable Canadian locations. You can also explore on your own.

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Alberta

“It’s Canada’s Time to Shine” – CNRL’s $6.5 Billion Chevron Deal Extends Oil Sands Buying Spree

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From Energy Now

Canadian Natural Resources Ltd.’s $6.5 billion acquisition from Chevron Corp. marks the latest in a string of deals that has helped make it the country’s largest oil producer and brought Alberta’s massive oil sands deposits almost entirely under local control.

CNRL has feasted on the oil sands assets of foreign energy producers over the past decade, snapping up stakes and operations from Devon Energy Corp. and Shell Plc as they shifted away from the higher-cost, higher-emissions oil sands business. Investors have applauded the strategy, which allows CNRL to boost output and make the operations more efficient.

That trend continued on Monday, with CNRL shares climbing more than 4% after the deal with Chevron raised its stake in a key oil sands mine and a connected upgrading facility, while also adding natural gas assets in the Duvernay formation.

“These assets build on the robustness of Canadian Natural’s assets,” said CNRL President Scott Stauth said on a conference call Monday. The deal boosts CNRL’s stake in the Athabasca oil sands project, which it first bought from Shell in 2017, to 90% from 70%.

The acquisition was largely expected and boosts CNRL’s oil and gas output by roughly 9%, adding the equivalent of 122,500 barrels of oil production per day.

“It’s just been a matter of time,” Eight Capital analyst Phil Skolnick said by phone, noting that CNRL had been seen as the logical buyer for Chevron’s oil sands business.

While CNRL also boosted its dividend by 7% on Monday, Desjardins analyst Chris MacCulloch  cautioned the company’s additional debt to finance the acquisition “may disappoint some investors” given it plans to temporarily slow capital returns.

Still, MacCulloch said the deal is positive overall for CNRL as it further consolidates assets in the region. “There’s no place like home,” he wrote in a note.

Chevron, for its part, is the latest in a long line of US and international oil producers — such as BP Plc, TotalEnergies SE and Equinor ASA — that have shifted away from the oil sands after spending billions to build facilities in the heavy-oil formation. That has left the oil sands largely in the control of Canadian firms including CNRL, Suncor Energy Inc. and Cenovus Energy Inc.

“There’s no remaining, obvious assets available,” Ninepoint Partners partner and senior portfolio manager Eric Nuttall said after Monday’s deal. Ninepoint owns 3.1 million shares in CNRL, data compiled by Bloomberg show.

Many of those oil sands deals have been struck at prices that favor the Canadian buyers, which have consolidated land, reduced costs and boosted returns in recent years.

“It’s Canada’s time to shine,” Nuttall said, adding that he expects foreign investors will return to the country’s oil producers in the future.

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Alberta

Alberta Preparing a New Regulatory Framework for iGaming

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With the success of the iGaming market in Ontario, Alberta is looking to it as a blueprint for its own plans in that arena. Despite this, there will likely be differences in the way the two provinces regulate this industry.  These potential differences will likely be based on the strategies laid out by Dale Nally, Alberta’s Minister of Service and Red Tape Reduction.

The manner in which Alberta eventually decides to handle its iGaming regulations will be crucial to maintaining a healthy balance for the industry there. Many other regions have begun seeing the drawbacks of over-regulation in this field. As a result, many new-age casinos operating offshore have been gaining popularity over traditional ones that are often stifled by restrictions. 

This is because restrictions place more onerous burdens on operators and cause lengthy delays with everything from sign-up procedures to payout times. However, offshore casinos have become a revelation for players tied down by these restrictions. For example, crypto casinos and the perks found at sites like an instant payout casino have seen the number of players from regions like the US, UK, Asia, Europe, and even Canada soaring in recent years.

Instant payout casinos in particular have grown very popular in recent years as they offer players same-day access to their winnings. This phenomenon has been playing out amid ever-tightening regulations on iGaming sites being deployed in many prominent markets. 

While reasonable regulations have their benefits, many players feel that most jurisdictions are over-regulating the industry now and players have begun to respond by flocking to offshore sites. Instant payout casinos offer a perfect refuge since platforms like these feature fewer restrictions, more expansive gaming libraries, more privacy, and more generous bonuses.  

While Alberta is drawing heavily from Ontario’s regulatory guidelines, it also wants to retain some aspects that will distinguish it too. Minister Nally has indicated that Alberta will seek a less onerous regulatory regime than Ontario. However, as it is with Ontario, there won’t be a limit imposed on the number of iGaming operators permitted. These would also not require any partnerships with land-based casinos. 

This approach is expected to foster a competitive online betting environment. As such, huge operators are expected to set up shop there and operate freely alongside the government-run Play Alberta—which currently holds a monopoly.

Nally’s ministry has already been busy working on these new regulations and is set to keep being so as it will also be directly responsible for overseeing iGaming regulations and their enforcement. This ensures a separate regulatory body need not be created. It also addresses concerns raised by operators that Alberta’s Gaming, Liquor, and Cannabis Commission (AGLC) would have a conflict of interest if it managed the new regime as the AGLC is a market operator since it runs the Play Alberta platform.

All in all, Alberta’s approach currently does look good and at least considers the need for making it as simple as possible for new entrants to gain access to the market. Alberta’s method to  “conduct and manage” gambling activities is in direct contrast with Ontario’s, where iGaming Ontario (iGO) is simply a subsidiary of the Alcohol and Gaming Commission of Ontario (AGCO).

The revenue-sharing model will also be looked at. Currently, Ontario operators are taxed 20% with the province making $790 million of them last year—with more expansion on the horizon. On that note, Alberta has hinted that it may seek a higher percentage. With other things like consults with indigenous communities and other stakeholders, and setting up transition periods for “grey” market operators, there is more work to be done. However, for now, the future of the iGaming industry in Alberta looks good indeed. 

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