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Economy

Canada as an energy superpower would empower thousands of families for generations

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6 minute read

From Resource Works

By Geoff Russ

What does the future hold if Canada can become an energy superpower?

For the past 40 years, the fortunes of countless Canadian communities have risen and fallen with the strength of our energy sector. Oil booms in Alberta generated enormous prosperity and created hundreds of thousands of jobs, invigorating resource towns and rural Canada more generally. The existence of nuclear energy in Ontario requires thousands of workers, and its future expansion will generate thousands more. Energy is the economic lifeline for thousands of young and maturing families, but they are not invulnerable.

Global market swings have buffeted these jobs, as have changing provincial and federal policies, as well as international political shifts.

In the middle of the 1980s, oil prices collapsed and shocked Alberta and employment rose from four to 10 per cent as oil and gas jobs disappeared overnight. This was echoed in 2008 and 2014 when lurches in oil prices hit communities in places like Fort McMurray in Alberta, Fort St. John in northern British Columbia, and Estevan, Saskatchewan.

Every cycle of boom and bust was accompanied by hardship, but the people in these communities proved their resilience by rallying and holding onto their livelihoods.

Today, the Canadian energy sector still supports about 200,000 workers with direct employment and up to 400,000 more indirectly. However, as in years past, these workers and their families are subject to global tides, and none has been dictating those flows more than President Donald Trump and his wielding of tariffs to reshape the world economy.

The correct response is for Canada to diversify its trade and expand its energy infrastructure to grow the reach of Canadian energy, our most valuable and important export, and one of the most plentiful job creators in our arsenal. Fortunately, both of Canada’s two major parties, the Liberals and Conservatives, have reached a strong measure of agreement on this matter.

Our rookie prime minister, Mark Carney, has put forward a plan to transform Canada into an “Energy Superpower”. His plan is intended to ensure Canada’s economic security through new trade partnerships around the world and make all forms of Canadian energy competitive.

Some provinces are already charging ahead, with Ontario’s provincial government announcing plans to build Canada’s first small modular reactor (SMR) by 2030, which is projected to power over 300,000 homes and create up to 18,000 jobs. The existing Bruce Power facility in Kincardine already supports 4,200 jobs, and is a pillar of the province’s energy grid.

Crucial to Carney’s plan are faster, streamlined project reviews paired with true Indigenous partnerships, along with plans for a national energy corridor. This could have a transformative impact on the security and health of energy-centric communities. Moving beyond the debate about questioning the obvious need for new projects towards focusing on execution is a welcome breath of fresh air.

There are concerns in some communities about how shortcutting the consultation process and existing oversights may impact local communities, especially Indigenous groups. Resolving these in an equitable and permanent manner will be part of this positive transformation, setting new precedents for economic development in Canada that includes meaningful considerations and involvement for the growing Indigenous economies in BC and across the country.

When it comes to people, however, the mounting job losses over the uncertain economic climate make it imperative to protect jobs and clear the way for new ones. The impact of resource projects on communities like Hope have demonstrated how a reliable industry empowers families. Over 5,400 jobs are created for every $1 billion spent in the oil and gas sector.

The route of the Trans Mountain pipeline ran through Hope, and it revitalized the local economy with job creation and renewal. Pipeline workers not only brought money into Hope, but sprang into action to assist in local firefighting and flood repairs, revealing how the energy sector brings far more to communities than money.

Emulating this across the board is a complicated but essential task. The tightrope between environmental protections and resource development is a delicate one, but Canada has no choice but to walk it with purpose.

Prime Minister Carney’s pledge to make Canada an “Energy Superpower” will mean making choices about economic power, job creation, and locking Canada into its seat at the global energy table.

That means collaboration with people, respecting Indigenous rights, and anchoring policy in the experiences of workers and their families. Trump’s shakeup of the global economy is fraught with peril, but for Canada, it should bring opportunity for a fresh start.

Most importantly, however, it would ensure that hundreds of thousands more Canadians and their families, as well as their communities, can look forward to a bright future.

Business

Major Projects Office Another Case Of Liberal Political Theatre

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From the Frontier Centre for Public Policy

By Lee Harding

Ottawa’s Major Projects Office is a fix for a mess the Liberals created—where approval now hinges on politics, not merit.

They are repeating their same old tricks, dressing up political favouritism as progress instead of cutting barriers for everyone

On Sept. 11, the Prime Minister’s Office announced five projects being examined by its Major Projects Office, all with the potential to be fast-tracked for approval and to get financial help. However, no one should get too excited. This is only a bad effort at fixing what government wrecked.

During the Trudeau years, and since, the Liberals have created a regulatory environment so daunting that companies need a trump card to get anything done. That’s why the Major Projects Office (MPO) exists.

“The MPO will work to fast-track nation-building projects by streamlining regulatory assessment and approvals and helping to structure financing, in close partnership with provinces, territories, Indigenous Peoples and private investors,” explains a government press release.

Canadians must not be fooled. A better solution would be to create a regulatory and tax environment where these projects can meet market demand through private investment. We don’t have that in Canada, which is why money has fled the country and our GDP growth per capita is near zero.

Instead of this less politicized and more even-handed approach, the Liberals have found a way to make their cabinet the only gatekeepers able to usher someone past the impossible process they created. Then, having done so, they can brag about what “they” got done.

The Fraser Institute has called out this system for its potential to incentivize bribes and kickbacks. The Liberals have such a track record of handing out projects and even judicial positions to their friends that such scenarios become easier to believe. Innumerable business groups will be kissing up to the Liberals just to get anything major done.

The government has created the need for more of itself, and it is following up in every way it can. Already, the federal government has set up offices across Canada for people to apply for such projects. Really? Anyone with enough dollars to pursue a major project can fly to Ottawa to make their pitch.

No, this is as much about the show as it is about results—and probably much more. It is all too reminiscent of another big-sounding, mostly ineffective program the Liberal government rolled out in 2017. They announced a $950-million Innovation Superclusters Initiative “designed to help strengthen Canada’s most promising clusters … while positioning Canadian firms for global leadership.”

That program allowed any company in the world to participate, with winners getting matching dollars from taxpayers for their proposals. (But all for the good of Canada, we were told.) More than 50 applications were made for these sweepstakes, which included more than 1,000 businesses and 350 other participants. In Trudeau Liberal fashion, every applicant had to articulate how their proposal would increase female jobs and leadership and encourage diversity in the long term.

The entire process was like one big Dragon’s Den series. The Liberals trotted out a list of contestants full of nice-sounding possibilities, with maximum hype and minimal reality. Late in the process, Minister of Innovation, Science and Industry Navdeep Bains picked the nine finalists himself (all based in cities with a Liberal MP), from which five would be chosen.

The alleged premise was to leverage local and regional commercial clusters, but that soon proved ridiculous. The “Clean, Low-energy, Effective and Remediated Supercluster” purported to power clean growth in mining in Ontario, Quebec and Vancouver. Not to be outdone, the “Mobility Systems and Technologies for the 21st Century Supercluster” included all three of these locations, plus Atlantic Canada. They were only clustered by their tendency to vote Liberal.

Today, the MPO repeats this virtue-signalling, politicking, drawn-out, tax-dollar-spending drama. The Red Chris Mine expansion in northwest British Columbia is one of the proposals under consideration. It would be done in conjunction with the Indigenous Tahltan Nation and is supposed to reduce greenhouse gas emissions by 70 per cent. That’s right up the Liberal alley.

Meanwhile, the project is somehow part of a proposed Northwest Critical Conservation Corridor that would cordon off an area the size of Greece from development. Is this economic growth or economic prohibition? This approach is more like the United Nations’ Agenda 2030 than it is nation-building. And it is more like the World Economic Forum’s “stakeholder capitalism” approach than it is free enterprise.

At least there are two gems among the five proposals. One is to expand capacity at the Port of Montreal, and another is to expand the Canada LNG facility in Kitimat, B.C. Both have a market case and clear economic benefits.

Even here, Canadians must ask themselves, why must the government use a bulldozer to get past the red tape it created? Why not cut the tape for everyone? The Liberals deserve little credit for knocking down a door they barred themselves.

Lee Harding is a research fellow for the Frontier Centre for Public Policy.

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Business

“Nation Building,” Liberal Style: We’re Fixing a Sewer, You’re Welcome, Canada

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The Opposition with Dan Knight

Dan Knight's avatar Dan Knight

Ottawa held a full-blown press conference to announce they unclogged a pipe in Toronto and called it a generational housing strategy.

You probably didn’t hear much about it unless you were watching Canadian state media but this morning, the Liberal government held a press conference in Toronto. It was billed as a “generational investment” in housing. That’s the phrase they used. In reality, it was a sewer project.

Gregor Robertson, the former mayor of Vancouver and now the federal minister of housing and infrastructure, stood beside Toronto Mayor Olivia Chow and a cluster of Liberal MPs to announce that Ottawa is spending $283 million to upgrade the Black Creek trunk sewer line. That’s a pipe. A very old pipe. And according to Robertson, that investment will “unlock” the construction of up to 63,000 new homes in the Downsview area.

If that sounds suspiciously like taking credit for doing your job, maintaining the basic infrastructure cities rely on, that’s because it is. No one has ever accused the Liberals of missing an opportunity to repackage civic maintenance as a national moral crusade. The sewer line is 65 years old. It overflows during storms. It’s been a known problem for decades. Fixing it is not bold housing policy. It’s plumbing.

But the political optics are irresistible. The Trudeau Liberals, now under the leadership of Mark Carney are desperate for a win on housing. Their record is catastrophic. Home prices have doubled. Rents have soared. Entire generations of Canadians have been priced out of ownership and locked into permanent renter status. And the architects of that disaster are now flying around the country handing out ribbon-cutting ceremonies and calling it reform.

Today’s announcement also included the unveiling of the first project under a brand-new federal housing agency, Build Canada Homes. Never heard of it? That’s because it didn’t exist until a few weeks ago. And who’s running it? None other than Ana Bailão a Liberal operative and former Toronto city councillor who spent years helping make the city unaffordable in the first place. Now she’s being rewarded with a cushy federal appointment, tasked with building modular housing and handing out contracts on public land.

And what exactly is Build Canada Homes building? Today, they’re launching 540 homes. Not 63,000… 540. Factory-built units that will be delivered at some undefined point in the future. That’s the big federal breakthrough. A housing crisis affecting millions of Canadians, and Ottawa’s answer is five hundred and forty modular homes in Downsview.

This is the pattern every time. The government breaks something, calls it a crisis, and then demands credit for fixing a fraction of it with your money. The numbers are staggering. According to the Parliamentary Budget Office, Canada needs 3.1 million more homes by 2030 to restore affordability. That means building over 430,000 units per year. Right now, we’re building maybe half that. The backlog gets worse every year. But today, we’re supposed to celebrate because they’re unclogging a sewer and firing up a couple prefab builds on federal land.

No one in the press asked the obvious question: why aren’t private builders constructing the 300,000 units that Toronto has already zoned and approved? Because they can’t. The financing doesn’t work. The cost of materials is too high. Interest rates have crippled developers. And cities like Toronto still impose hundreds of millions of dollars in fees, development charges, and bureaucratic red tape. That’s the real bottleneck. Not the sewer. And here’s what they definitely won’t say out loud: Canada’s housing disaster is not just about supply. It’s about demand, turbocharged by one of the fastest immigration intakes in the Western world. The Bank of Canada has warned repeatedly that immigration targets, set without any link to housing capacity — have blown demand wide open and put relentless upward pressure on rents and home prices.

Mayor Chow admitted it herself, sort of. She said the city has thousands of units ready to build but no takers. And instead of confronting the root causes, monetary policy, taxes, regulatory insanity, the government announces a pilot project and tells you to be grateful. That’s how disconnected they are from reality. They’ve regulated housing out of reach and now they’re posing for photos on a construction site, pretending to be the solution.

And just in case there was any lingering doubt about how deep this failure runs, Statistics Canada released its latest building permit numbers this morning and the trend is exactly what you’d expect in a country where the government makes building homes all but impossible.

The total value of building permits dropped again in August down $139 million to $11.6 billion. Residential permits alone fell 2.4%, driven by steep declines in Ontario and Alberta, the very provinces with the most acute housing needs. Single-family permits fell off a cliff — down more than 10% year-over-year. That’s not a slowdown. That’s a stall.

Meanwhile, British Columbia and Quebec where government intervention is particularly heavy barely managed to offset the damage. The number of new dwellings authorized actually shrank month over month. And this is happening in the middle of a so-called national housing push.

StatsCan didn’t sugarcoat it. They didn’t blame foreign investors or greedy landlords or some phantom market force. They just showed the raw data: Permits are falling. Housing starts are lagging. Builders are retreating.

So let’s just pause here and appreciate the sheer absurdity of what we witnessed. A parade of officials, flanked by branded podiums and tax-funded media handlers, standing in front of a construction site to announce, with straight faces, that they are upgrading a sewer line. And for this, we are told we are “building Canada strong.” Really? That’s the pitch? Fixing basic municipal plumbing is now a nation-building moment?

No! Let’s be clear, you’re not building Canada strong. You’re doing your job. A sewer upgrade in Toronto is not some heroic act of visionary leadership. It’s literally maintenance. It’s what functioning governments are supposed to do, quietly, competently, without a six-camera press choreography and a round of applause from party MPs.

But in Liberal Carney Canada the bar has been lowered so dramatically that simply clearing a permit backlog and patching old infrastructure is treated like a moon landing. They break the system, congratulate themselves for patching one pipe, and expect gratitude.

If you want praise for fixing aging civic infrastructure, something cities used to handle without a national press event, then that tells us everything. It tells us the Liberal government has become so hollow, so addicted to performance politics, that maintenance is now treated as achievement. That’s how far we’ve fallen in just ten years.

They didn’t rebuild a nation. They didn’t launch a housing renaissance. They unclogged a sewer, and are now demanded a standing ovation. And that, in a single image, is modern Liberal Canada: the total collapse of standards, repackaged as progress and sold back to you at full price.

Canadians don’t need more press conferences. They need homes, dignity, and a government that works without constant applause. And if unclogging a pipe is what passes for leadership now — then God help the country.

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