Flames and Oilers Battle of Alberta brings in a Million dollars for the Central Alberta Child Advocacy Centre

News Release from the Central Alberta Child Advocacy Centre

Records Broken for the CACAC Battle of Alberta

The Central Alberta Child Advocacy Centre held their signature event: The Battle of Alberta for the second time this past Tuesday and Wednesday after being postponed for a year, grossing over $1M!

The CACAC Battle of Alberta Charity Golf Tournament is a two-day event presented by the Edmonton Oilers and Calgary Flames. The two notorious rivals come together with one goal in mind – helping our children by bringing together both alumni and current players to battle it out on the green!

“The past 18 months have been extremely challenging and have certainly brought Mental Health even more to the forefront than it had already become before COVID. The fact that the Central Alberta Child Advocacy Centre is in the Mental Health sector it is fitting that we are having one of the first events post COVID.” – Terry Loewen, Board Chair, CACAC

The first night of the BOA includes a celebrity auction hosted at the Cambridge Hotel & Conference Centre, and this year records broke with highest bid for the top two players: Kelly Buchberger and Theoren Fleury. Twenty-eight other Oilers & Flames joined in to cap-off the 30 team roster, including: Lanny MacDonald, Louie Debrusk, Kris Russell, Glenn Anderson, and Mike Vernon. The Luau-themed event also included exclusive hot-stoves with Brian Burke, and was co-hosted by Danny Hooper and Ron Maclean.

“The Calgary Flames and the Calgary Flames Alumni are always so grateful for the support we receive from our fans in Central Alberta. We consider Red Deer our home that we happily share with our rivals in Edmonton during this important fundraising event in support of the Central Alberta Child Advocacy Centre. Congratulations to Terry Loewen and his hard-working committee on another extremely successful Battle of Alberta Golf Tournament. And a special thank you to Flames alumnus Sheldon Kennedy for his leadership in changing the way Alberta responds to child abuse. This new facility in Red Deer will ensure every child’s needs are met, and they are supported in the most child-friendly way.”

– Rollie Cyr, Executive Vice-President, Calgary Flames

The golf tournament was hosted at the beautiful Red Deer Golf and Country Club, where the 30 teams teed off with their celebrity players and caddies. Every hole was sponsored by local community organizations and included activities, draws, food and beverages, along with stories of the old days by alumnus and talks about the upcoming season with the current players.

“It was truly incredible to see the community come together for the Battle of Alberta Golf Tournament in support of the Central Alberta Child Advocacy Center (CACAC) in Red Deer. What the CACAC is doing to help children and families in central Alberta is remarkable, and they’re making a difference for so many children in need of support. The entire Oilers Entertainment Group and Oilers Alumni are proud to support central Alberta and the CACAC, and you can bet we’re already looking forward to the tournament in 2023.” –Bob Nicholson, Chairman, Edmonton Oilers

The event concluded with the After Party back at the Cambridge where another two hot-stoves took place, along with a record-shattering live auction and newly added virtual silent auction.

“To say we’re blown away by the generosity and support at the child advocacy centre is an understatement. As an organization, we could not have had three better events over the two days to celebrate the work we do for children. At the end of the day, we’re trying to make a difference for children and families in Central Alberta. What we witnessed at this event is what happens when a whole group of difference makers come together for the good of a community. A heartfelt thanks to the many people who helped make the Battle of Alberta tournament a success.”

– Mark Jones, CEO, CACAC

Another new stand out addition to the Battle of Alberta was the donation of two custom trucks to the Live Auction! A fully custom, one-of-a-kind Calgary Flames truck and Edmonton Oilers truck, both valued over $90,000 were given to the CACAC to auction off.

Dan Wiebe of Integrity Group of Companies heard about the work that the CACAC was doing and wanted to be involved. Dan enlisted the help of friend Brad Rempel of Alberta Boys Custom to customize an Edmonton Oilers truck specially for the BOA Live Auction!

After the donation of the Oilers truck, a few of our supporters wanted to ensure the “C of Red” was represented! Together, Rob McWilliams of McWilliam Auto Appraisals, Garrett Scott of Kipp Scott GMC, TNT Customs, and Dave Appleby of Vibe Audio came together to create their very own exclusive Calgary Flames Truck for the 2021 Battle of Alberta Live Auction. Both trucks were auctioned off Wednesday night with 100% of the proceeds going to the CACAC.

The CACAC is overwhelmed with the success of the event – and the support of the community. Final numbers are still coming in with net proceeds to be calculated in the coming weeks, but the CACAC is proud to say that over $1,000,000 gross was raised in two nights with a small but mighty group of people. Not only was money raised for the CACAC, going towards specific projects like the upcoming building project, but awareness was raised; conversations were had, and everyone stood up to be a voice for the children in our community who need it most.

The CACAC would like to thank every single donor, participant and volunteer who had a part in the 2021 Battle of Alberta.

“I want to thank all of you for your participation and sponsorships. I’m not sure if people fully realize the magnitude of their impact; the lives they change or lives they have saved by supporting this organization! You are all champions of the CACAC – thank you! – Terry Loewen, Board Chair, CACAC

The CACAC would like to recognize the following donors with special thanks to the committee and volunteers (Listed in randomized order):

Presenting, Major & Event Sponsors:

Sponsors:

HPC High Performance Coatings, Flo-Pro Performance Exhaust, Waschuk Pipeline, MNP, GSC Energy Services, Electric Horsepower, Scotia Wealth Management: Keylock Group, Gallagher Insurance, White Swan Environmental Ltd., ATB, Edmonton Oilers Community Foundation, Scotia Wealth Management: Calgary, Marshall Construction Company, Cody Snyder Bullbustin’, Earth Smart, Precede Occupational Health Services, Q2 ALS, Blackfalds Bulldogs, Red Deer Motors, Phone Experts, Jedco, Glover Trucks, The Liquor Hutch, Fourlane Ford, Ing + McKee Insurance, Bill Hull, Canadian Western Bank, Rogers Insurance, Cilantro & Chive, Tiffany’s Steakhouse, Shek Crane, Mal’s Diner, Chiefs, Molson Beer, Earls, Bo’s Bar and Grill, Culligan Water, Red Deer Golf & Country Club, Cooperators, Deerfoot Inn & Casino, TRC Auctions, Riverview Insurance, Abbey Platinum Master Built, Four Star Drywall, Pivotal LLP, Care Industries, Servus Credit Union, ViTreo, Melcor, Tar-ific Construction, Red Deer Discount Golf, The Coverall Shop, P.J.M. Home Advantage, Alberta Parking Lot Services, Adrenaline Exotics, General Appliances, Parkland Funeral Homes ,BJ Bobcat Trucking Ltd., Aesthetic Solutions, Apollo Landscaping Compass Geomatics, Big 105 & Rewind Radio, Gasoline Alley Harley-Davidson, Al Sim Remax, League Projects, The Zukiwsky Group, True Spirits Mobile Bar, Ten02, Willson Audio Visual, Ash Maclean Photography, Danny Hooper Productions, Prospector Visual, Haywork Secure Driving Services/Douglas Workman, Central Alberta Tile One, Duane Sokalski, Theoren Fleury, Grant Fuhr, Reid & Wright Advertising, Andrew Hutchins, Calgary Flames Foundation, Toast of the Town, Todayville, Trevor Roszell, Nucleus Energy Services, John Macphail, Kelly Hallgren, Laebon Homes, Johnston Ming Manning, Printing Place, Red Deer Rebels, Safari Spa & Salon, Flames TV, Oilers TV, SN960, OilersNOW, Rivertown, Chainsaw Spirit plus our incredible Silent Auction sponsors (check them out here!)

Please visit centralalbertacac.ca to learn more about the community support services the CACAC offers. Collectively, we can end child abuse.

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Alberta extracting more value from oil and gas resources: ATB

Published on February 7, 2025

Todayville

From the Canadian Energy Centre

By Will Gibson

Investment in ‘value-added’ projects more than doubled to $4 billion in 2024

In the 1930s, economist Harold Innis coined the term “hewers of wood and drawers of water” to describe Canada’s reliance on harvesting natural resources and exporting them elsewhere to be refined into consumer products.

Almost a century later, ATB Financial chief economist Mark Parsons has highlighted a marked shift in that trend in Alberta’s energy industry, with more and more projects that upgrade raw hydrocarbons into finished products.

ATB estimates that investment in projects that generate so-called “value-added” products like refined petroleum, hydrogen, petrochemicals and biofuels more than doubled to reach $4 billion in 2024.

“Alberta is extracting more value from its natural resources,” Parsons said.

“It makes the provincial economy somewhat more resilient to boom and bust energy price cycles. It creates more construction and operating jobs in Alberta. It also provides a local market for Alberta’s energy and agriculture feedstock.”

The shift has occurred as Alberta’s economy adjusts to lower levels of investment in oil and gas extraction.

While overall “upstream” capital spending has been rising since 2022 — and oil production has never been higher — investment last year of about $35 billion is still dramatically less than the $63 billion spent in 2014.

Parsons pointed to Dow’s $11 billion Path2Zero project as the largest value-added project moving ahead in Alberta.

The project, which has support from the municipal, provincial and federal governments, will increase Dow’s production of polyethylene, the world’s most widely used plastic.

By capturing and storing carbon dioxide emissions and generating hydrogen on-site, the complex will be the world’s first ethylene cracker with net zero emissions from operations.

Other major value-added examples include Air Products’ $1.6 billion net zero hydrogen complex, and the associated $720 million renewable diesel facility owned by Imperial Oil. Both projects are slated for startup this year.

Parsons sees the shift to higher value products as positive for the province and Canada moving forward.

“Downstream energy industries tend to have relatively high levels of labour productivity and wages,” he said.

“A big part of Canada’s productivity problem is lagging business investment. These downstream investments, which build off existing resource strengths, provide one pathway to improving the country’s productivity performance.”

Heather Exner-Pirot, the Macdonald-Laurier Institute’s director of energy, natural resources and environment, sees opportunities for Canada to attract additional investment in this area.

“We are able to benefit from the mistakes of other regions. In Germany, their business model for creating value-added products such as petrochemicals relies on cheap feedstock and power, and they’ve lost that due to a combination of geopolitics and policy decisions,” she said.

“Canada and Alberta, in particular, have the opportunity to attract investment because they have stable and reliable feedstock with decades, if not centuries, of supply shielded from geopolitics.”

Exner-Pirot is also bullish about the increased market for low-carbon products.

“With our advantages, Canada should be doing more to attract companies and manufacturers that will produce more value-added products,” she said.

Like oil and gas extraction, value-added investments can help companies develop new technologies that can themselves be exported, said Shannon Joseph, chair of Energy for a Secure Future, an Ottawa-based coalition of Canadian business and community leaders.

“This investment creates new jobs and spinoffs because these plants require services and inputs. Investments such as Dow’s Path2Zero have a lot of multipliers. Success begets success,” Joseph said.

“Investment in innovation creates a foundation for long-term diversification of the economy.”

Alberta

Alberta government must restrain spending in upcoming budget to avoid red ink

Published on February 7, 2025

Todayville

From the Fraser Institute

By Tegan Hill and Milagros Palacios

Whether due to U.S. tariffs or lower-than-expected oil prices, the Smith government has repeatedly warned Albertans that despite a $4.6 billion projected budget surplus in 2024/25, Alberta could soon be in the red. To help avoid this fate, the Smith government must restrain spending in its upcoming 2025 budget.

These are not simply numbers on a page; budget deficits have real consequences for Albertans. For one, deficits fuel debt accumulation. And just as Albertans must pay interest on their own mortgages or car loans, taxpayers must pay interest on government debt. Each dollar spent paying interest is a dollar diverted from programs such as health care and education, or potential tax relief. This fiscal year, provincial government debt interest costs will reach a projected $650 per Albertan.

And while many risk factors are out of the government’s direct control, the government can control its own spending.

In its 2023 budget, the Smith government committed to keep the rate of spending growth to below the rate of inflation and population growth. This was an important step forward after decades of successive governments substantially increasing spending during good times—when resource revenues (including oil and gas royalties) were relatively high (as they are today)—but failing to rein in spending when resource revenue inevitably declined.

But here’s the problem. Even if the Smith government sticks to this commitment, it may still fall into deficit. Why? Because this government has spent significantly more than it originally planned in its 2022 mid-year plan (the Smith government’s first fiscal update). In other words, the government’s “restraint” is starting from a significantly higher base level of spending. For example, this fiscal year it will spend $8.2 billion more than it originally planned in its 2022 mid-year plan. And inflation and population growth only account for $3.1 billion of this additional spending. In other words, $5.1 billion of this new spending is unrelated to offsetting higher prices or Alberta’s growing population.

Because of this higher spending and reliance on volatile resource revenue, red ink looms.

Indeed, while the Smith government projects budget surpluses over the next three fiscal years, fuelled by historically high resource revenue, if resource revenue was at its average of the last two decades, this year’s $4.6 billion projected budget surplus would turn into a $5.8 billion deficit. And projected budget surpluses in 2025/26 and 2026/27 would flip to budget deficits. To be clear, this is not a far-fetched scenario—resource revenue plummeted by nearly 70 per cent in 2015/16.

In contrast, if resource revenue fell to its average (again, based on the last two decades) but the Smith government held to its original 2022 spending plan, Alberta would still have a balanced budget in 2026/27.

Bottom line; had the Smith government not substantially increased spending over the last two years, Alberta’s spending levels today would align with more stable ongoing levels of revenue, which would put Alberta on more stable fiscal footing in the years to come.

Premier Smith has warned Albertans a budget deficit may be on the way. To mitigate the risk of red ink moving forward, the Smith government should show real spending restraint in its 2025 budget.