Connect with us
[bsa_pro_ad_space id=12]

Alberta

Alberta, Ontario premiers blast gov’t minister for remarks on slashing federal funds for new roads

Published

6 minute read

From LifeSiteNews

By AnthonyMurdoch

Danielle Smith suggested that Environment Minister Steven Guilbeault ‘return to the real world’ and Doug Ford said his province will build roads on its own.

Premiers Danielle Smith of Alberta and Doug Ford of Ontario tore into Canadian Environment Minister Steven Guilbeault after he said the federal government would no longer fund any road construction projects and instead funnel the savings to “climate change” projects that promote people walk instead of drive.

“So now our Environment Minister wants to cut federal funding for roads … because we should all just walk more,” Smith wrote on X (formerly Twitter) Tuesday in reaction to a news report about the minister’s comments.

“Does this minister understand that most Canadians don’t live in downtown Montreal? Most of us can’t just head out the door in the snow and rain and just walk 10km to work each day.”

Smith then said to Guilbeault, “Can we return to the real world Minister @s_guilbeault?”

Guilbeault made the comments on Tuesday at a transit conference in Montreal, saying, “Our government has made the decision to stop investing in new road infrastructure.”

“Of course we will continue to be there for cities, provinces and territories to maintain the existing network, but there will be no more envelopes from the federal government to enlarge the road network,” he added.

Smith has been battling the minister for the last few months over his extreme climate change policies that seek to destroy Alberta’s oil and gas sector.

Guilbeault’s reasoning for stopping funding to build roads was that according to an “analysis” his office did the current network is “perfectly adequate to respond to the needs we have” and that investing in public transit can help them achieve his “goals of economic, social and human development without more enlargement of the road network.”

Ford says he is ‘gobsmacked’ by Guilbeault’s road defunding comments 

Ford said his province would continue to build roads on its own.

“I’m gobsmacked. A federal minister said they won’t invest in new roads or highways,” Ford wrote on X.

“He doesn’t care that you’re stuck in bumper to bumper traffic. I do. We’re building roads and highways, with or without a cent from the feds.”

 

Saskatchewan Premier Scott Moe also took a shot at Guilbeault, saying the federal government would no longer fund new road projects and that the minister is “out of touch” with “reality.”

“Millions for ArriveCan, not one more federal dollar for new roads. Guilbeault wants us all to walk everywhere. The Trudeau government gets more out of touch with reality every day,” Moe wrote  Wednesday on X.

The reality is that Canada, the second largest country in the world by land mass, has only one four-lane highway that connects the West Coast to the East. However, the TransCanada highway past Manitoba goes down to only two lanes.

To date, the federal government under Prime Minister Justin Trudeau has spent about $30 billion in promoting public transit as well as approximately $400 million to promote walking, e-bikes, roller blades, cycling, and other transportation means, which for most of the year due to winter are not feasible for most.

Also, the Trudeau government has attacked gasoline and diesel cars, even though Guilbeault said on Tuesday that “(w)e must stop thinking that electric cars will solve all our problems.”

Just before Christmas, Guilbeault announced the “Electric Vehicle Availability Standard.” The plan is to mandate that all new cars and trucks by 2035 be electric, which would in effect ban the sale of new gasoline- or diesel-only powered vehicles after that year.

Smith noted that when it comes to Trudeau’s EV mandate, “Ottawa is trying to force increased demands on the electricity grid while simultaneously weakening Alberta’s and other provinces’ grids through their federal electricity regulations.”

Since taking office in 2015, Trudeau has continued to push a radical environmental agenda like the agendas being pushed the World Economic Forum’s “Great Reset” and the United Nations’ “Sustainable Development Goals.”

The reduction and eventual elimination of the use of so-called “fossil fuels” and a transition to unreliable “green” energy has also been pushed by the World Economic Forum – the globalist group behind the socialist “Great Reset” agenda – an organization in which Trudeau and some of his cabinet  are involved.

The reality of Trudeau’s push for so-called renewable energy showed itself just over a month ago after Alberta’s power grid faced near certain collapse due to a failure of wind and solar power. Many called out the Trudeau government’s green energy agenda that is attempting to phase out carbon-based power in favor of “renewables” as the reason for the near failure.

Todayville is a digital media and technology company. We profile unique stories and events in our community. Register and promote your community event for free.

Follow Author

Alberta

Alberta’s massive oil and gas reserves keep growing – here’s why

Published on

From the Canadian Energy Centre

By Deborah Jaremko

Q&A with Mike Verney, executive vice-president, McDaniel & Associates

New analysis commissioned by the Alberta Energy Regulator has increased the province’s natural gas reserves by 440 per cent, bumping Canada into the global top 10.

Alberta’s oil reserves – already fourth in the world – also increased by seven billion barrels.

The report was conducted by Calgary-based consultancy McDaniel & Associates. Executive vice-president Mike Verney explains what it means.

CEC: What are “reserves” and why do they matter?

Verney: ​​Reserves are commercial quantities of oil and gas to be recovered in the future. They are key indicators of future production potential.

For companies, that’s a way of representing the future value of their operations. And for countries, it’s important to showcase the runway they have in terms of the future of their oil and gas.

Some countries that have exploited a lot of their resource in the past have low reserves remaining. Canada is in a position where we still have a lot of meat on the bone in terms of those remaining quantities.

CEC: How long has it been since Alberta’s oil and gas reserves were comprehensively assessed?

Verney: Our understanding is the last fully comprehensive review was over a decade ago.

CEC: Does improvement in technology and innovation increase reserves?

Verney: Technological advancements and innovation play a crucial role in increasing reserves. New technologies such as advanced drilling techniques (e.g., hydraulic fracturing, horizontal drilling), enhanced seismic imaging and improved extraction methods enable companies to discover and access previously inaccessible reserves.

As these reserves get developed, the evolution of technology helps companies develop them better and better every year.

CEC: Why have Alberta’s natural gas reserves increased?

Verney: Most importantly, hydraulic fracturing has unlocked material volume, and that’s one of the principal reasons why the new gas estimate is so much higher than what it was in the past.

The performance of the wells that are being drilled has also gotten better since the last comprehensive study.

The Montney competes with every American tight oil and gas play, so we’re recognizing the future potential of that with the gas reserves that are being assigned.

In addition, operators continue to expand the footprint of the Alberta Deep Basin.

CEC: Why have Alberta’s oil reserves increased?

Verney: We discovered over two billion barrels of oil reserves associated with multilateral wells, which is a new technology. In a multilateral well, you drill one vertical well to get to the zone and then once you hit the zone you drill multiple legs off of that one vertical spot. It has been a very positive game-changer.

Performance in the oil sands since the last comprehensive update has also gone better than expected. We’ve got 22 thermal oil sands projects that are operating, and in general, expectations in terms of recovery are higher than they were a decade ago.

Oil sands production has grown substantially in the past decade, up 70 per cent, from two million to 3.4 million barrels per day. The growth of several projects has increased confidence in the commercial viability of developing additional lands.

CEC: What are the implications of Alberta’s reserves in terms of the province’s position as a world energy supplier?

Verney: We’re seeing LNG take off in the United States, and we’re seeing lots of demand from data centers. Our estimate is that North America will need at least 30 billion cubic feet per day of more gas supply in the next few years, based on everything that’s been announced. That is a very material number, considering the United States’ total natural gas production is a little over 100 billion cubic feet per day.

In terms of oil, since the shale revolution in 2008 there’s been massive growth from North America, and the rest of the world hasn’t grown oil production. We’re now seeing that the tight plays in the U.S. aren’t infinite and are showing signs of plateauing.

Specifically, when we look at the United States’ largest oil play, the Permian, it has essentially been flat at 5.5 million barrels per day since December 2023. Flat production from the Permian is contrary to the previous decade, where we saw tight oil production grow by half a million barrels per day per year.

Oil demand has gone up by about a million barrels a day per year for the past several decades, and at this point we do expect that to continue, at the very least in the near term.

Given the growing demand for oil and the stagnation in supply growth since the shale revolution, it’s expected that Alberta’s oil sands reserves will become increasingly critical. As global oil demand continues to rise, and with limited growth in production from other sources, oil sands reserves will be relied upon more heavily.

Continue Reading

Alberta

Federal emissions plan will cost Albertans dearly

Published on

A new report finds every Albertan will have $3,300 less for essentials if the ineffective federal emissions reduction plan is left in place.

For years, the federal government has been targeting net zero by 2050 and putting in place an aggressive approach to reduce emissions as outlined in its Emissions Reduction Plan. This scheme, which included the carbon tax, emissions cap, electricity regulations and other initiatives, has drawn strong criticism from provinces, industry, business groups and Canadians.

A report by the Conference Board of Canada, commissioned by Alberta’s government, sheds new light on the negative impacts of the federal government’s punitive environmental approach. By 2050, Alberta’s GDP will shrink by 11 per cent, employment will decline by four per cent and the average person will have $3,300 less in disposable income – while Canada still misses its emissions target.

Alberta’s government is calling on the next federal government to permanently abandon the carbon tax, emissions cap and the entire flawed federal approach. Instead, the federal government should focus on reducing emissions without hurting the economy or making life harder for Albertan and Canadian families.

“These findings should send a message to whoever ends up being the next federal government. Our province remains firmly committed to protecting the environment and creating a future for our children, but that can’t be achieved by trampling on Canadians’ livelihoods. Ottawa has offered nothing but penalties and vague rhetoric. Instead of meaningful incentives to reduce emissions, we get carbon taxes, a production cap, and layers and layers of costly regulations, all burdening families and workers who are already stretched thin.”

Rebecca Schulz, Minister of Environment and Protected Areas

The Conference Board of Canada assessed how Alberta businesses and consumers will react to the federal policies based on the costs and effectiveness of the technologies necessary to meet the federal targets.

It found that Alberta will be disproportionately impacted by the current federal plan, experiencing a deep recession in 2030 and subsequently slower economic growth going forward. According to the report, compared to the 2050 baseline scenario, Alberta’s GDP, jobs, revenue and incomes will significantly decline because of federal emissions policies:

  • GDP: Projected to be 11 per cent lower
  • Employment: Projected to be 4.1 per cent lower
  • Government revenues: Projected to be 9.3 per cent lower
  • Real (price adjusted) incomes: Down $3,300 (or 7.3 per cent) per person

Nationally, real GDP in Canada is estimated to fall 3.8 per cent in 2050. Canadian oil and gas production in 2050 would be 37 per cent lower, mostly due to the proposed federal oil and gas production cap.

On March 12, the independent Parliamentary Budget Officer (PBO) – following on reports from S&P Global, Deloitte Canada and the Conference Board of Canada – released a scathing report outlining the negative impacts of the proposed federal oil and gas emissions cap. According to the report, the PBO estimates that the federal government’s cap alone will in fact slash oil and gas production by almost 5 per cent, all while these required production cuts reduce nominal GDP by $20.5 billion in 2032.

The PBO report also suggests this policy will reduce economy-wide employment in Canada by 40,300 jobs and full-time equivalents by 54,400 in 2032.

Alberta’s government continues to call for the next federal government to focus on policies that grow the economy, while working with provinces and respecting the Canadian constitution.

Quick facts:

  • The Conference Board of Canada scenarios assume oil and gas production grow to 9.7 million barrels of oil equivalent in 2050 with peak oil production of 9.9 million barrels per day in 2042, reflecting continued global oil demand.
  • Canada’s employment is estimated to be 2.6 per cent lower, consumer prices 2.5 per cent higher, and real GDP 3.8 per cent lower in 2050 under the federal plan (compared to the baseline scenario).
  • According to the report, Canada’s electricity sector would need to reduce emissions by 376 per cent below baseline in 2050, through significant investment in carbon capture and storage, to meet the federal net-zero commitment.
  • The Conference Board of Canada’s realistic scenario assumes carbon capture and storage (CCS) will be deployed at a slower rate than is generally assumed by the federal government.
  • Canada’s Emission Reduction Plan, released in March 2022, is a roadmap and its policies include the carbon tax, Clean Electricity Regulation, Clean Fuel Regulation, federal oil and gas emissions cap, methane reduction targets, zero emission vehicle mandates, and various other subsidy programs.
  • The Conference Board of Canada’s report on assessing the impact of the federal Emissions Reduction Plan was completed prior to U.S. President Donald Trump’s administration and does not include the impacts of potential U.S. tariffs.
    • U.S. tariffs have further illustrated the importance of market access to Canada’s energy security.

Related information

Continue Reading

Trending

X