Alberta
How an Alberta energy company voluntarily restores caribou habitat in northern Alberta
Helicopters dropping tree planters into forest corridors. This is not an image that typically comes to mind when we speak about energy production in Canada. Truth is, voluntary initiatives like the Caribou Habitat Restoration Project by Cenovus are very much part of everyday life for Alberta energy companies.
Let’s support our families, our neighbours, and our communities by taking a minute to learn about this particular effort. If you’re already well aware of the environmental focus of Alberta energy companies, you can help by sharing information like this with people you know and encouraging them to do the same. Just by taking the time to learn something new and sharing this information you are helping to make a difference at home in Alberta, across the country, and around the world! Thank you for supporting your community, your province, and your country!
Todayville is sharing this video as part of our #visionCanada2119 initiative.
From Cenovus Energy
Caribou Habitat Restoration Project
Our 10-year Caribou Habitat Restoration Project, announced in 2016, is a voluntary environmental initiative that represents the largest single area of boreal caribou habitat restoration undertaken by a company anywhere in the world.
We use proven reforestation techniques to restore old seismic lines, access roads and other linear disturbances. During 2017, we treated approximately 270 kilometres of these linear features in an area comprising about 276 square kilometres. Our restoration program is helping to reduce fragmentation in the Cold Lake caribou herd’s habitat, where our Foster Creek and Christina Lake oil sands projects are located.
Since 2013, we’ve cumulatively treated more than 700 kilometres of these linear disturbances and planted more than 850,000 trees. As part of our 10-year project, we plan to take that total to 3,500 kilometres treated within an area of 3,900 square kilometres – about five times the area of the city of Calgary. We plan to have planted approximately 4 million trees by 2026.
Our project uses techniques such as mounding the ground, planting trees on these mounds, adding woody debris and leaning tree stems into the pathways to help cover historical corridors cut into the forest for seismic work, access roads and other activities. By closing these long open stretches, our work aims to make it harder for wolves to hunt caribou. Woodland caribou are listed as threatened under Canada’s Species at Risk Act.
We continue to measure and monitor the results of our restoration work and share what we learn with others through Canada’s Oil Sands Innovation Alliance. For example, we’re a member of the Regional Industry Caribou Collaboration, where producers work collaboratively across individual company tenures and lease boundaries to coordinate habitat restoration in the Cold Lake and East Side Athabasca River caribou herds and conduct research on caribou ecology and how wildlife respond to habitat treatments. We also work on a coordinated caribou approach with our peers at the Canadian Association of Petroleum Producers.
From the Fraser Institute
By Tegan Hill
If the Smith government reversed the 2015 personal income tax rate increases and instituted a flat 8 per cent tax rate, it would help restore Alberta’s position as one of the lowest tax jurisdictions in North America
Over the past decade, Alberta has gone from one of the most competitive tax jurisdictions in North America to one of the least competitive. And while the Smith government has promised to create a new 8 per cent tax bracket on personal income below $60,000, it simply isn’t enough to restore Alberta’s tax competitiveness. Instead, the government should institute a flat 8 per cent personal and business income tax rate.
Back in 2014, Alberta had a single 10 per cent personal and business income tax rate. As a result, it had the lowest top combined (federal and provincial/state) personal income tax rate and business income tax rate in North America. This was a powerful advantage that made Alberta an attractive place to start a business, work and invest.
In 2015, however, the provincial NDP government replaced the single personal income tax rate of 10 percent with a five-bracket system including a top rate of 15 per cent, so today Alberta has the 10th-highest personal income tax rate in North America. The government also increased Alberta’s 10 per cent business income tax rate to 12 per cent (although in 2019 the Kenney government began reducing the rate to today’s 8 per cent).
If the Smith government reversed the 2015 personal income tax rate increases and instituted a flat 8 per cent tax rate, it would help restore Alberta’s position as one of the lowest tax jurisdictions in North America, all while saving Alberta taxpayers $1,573 (on average) annually.
And a truly integrated flat tax system would not only apply a uniform tax 8 per cent rate to all sources of income (including personal and business), it would eliminate tax credits, deductions and exemptions, which reduce the cost of investments in certain areas, increasing the relative cost of investment in others. As a result, resources may go to areas where they are not most productive, leading to a less efficient allocation of resources than if these tax incentives did not exist.
Put differently, tax incentives can artificially change the relative attractiveness of goods and services leading to sub-optimal allocation. A flat tax system would not only improve tax efficiency by reducing these tax-based economic distortions, it would also reduce administration costs (expenses incurred by governments due to tax collection and enforcement regulations) and compliance costs (expenses incurred by individuals and businesses to comply with tax regulations).
Finally, a flat tax system would also help avoid negative incentives that come with a progressive marginal tax system. Currently, Albertans are taxed at higher rates as their income increases, which can discourage additional work, savings and investment. A flat tax system would maintain “progressivity” as the proportion of taxes paid would still increase with income, but minimize the disincentive to work more and earn more (increasing savings and investment) because Albertans would face the same tax rate regardless of how their income increases. In sum, flat tax systems encourage stronger economic growth, higher tax revenues and a more robust economy.
To stimulate strong economic growth and leave more money in the pockets of Albertans, the Smith government should go beyond its current commitment to create a new tax bracket on income under $60,000 and institute a flat 8 per cent personal and business income tax rate.
Author:
Making utility bills more affordableAlberta’s government is taking action to protect Alberta’s ratepayers by introducing legislation to lower and stabilize local access fees. Affordability is a top priority for Alberta’s government, with the cost of utilities being a large focus. By introducing legislation to help reduce the cost of utility bills, the government is continuing to follow through on its commitment to make life more affordable for Albertans. This is in addition to the new short-term measures to prevent spikes in electricity prices and will help ensure long-term affordability for Albertans’ basic household expenses.
Local access fees are functioning as a regressive municipal tax that consumers pay on their utility bills. It is unacceptable for municipalities to be raking in hundreds of millions in surplus revenue off the backs of Alberta’s ratepayers and cause their utility bills to be unpredictable costs by tying their fees to a variable rate. Calgarians paid $240 in local access fees on average in 2023, compared to the $75 on average in Edmonton, thanks to Calgary’s formula relying on a variable rate. This led to $186 million more in fees being collected by the City of Calgary than expected.
To protect Alberta’s ratepayers, the Government of Alberta is introducing the Utilities Affordability Statutes Amendment Act, 2024. If passed, this legislation would promote long-term affordability and predictability for utility bills by prohibiting the use of variable rates when calculating municipalities’ local access fees. Variable rates are highly volatile, which results in wildly fluctuating electricity bills. When municipalities use this rate to calculate their local access fees, it results in higher bills for Albertans and less certainty in families’ budgets. These proposed changes would standardize how municipal fees are calculated across the province, and align with most municipalities’ current formulas.
If passed, the Utilities Affordability Statutes Amendment Act, 2024 would prevent municipalities from attempting to take advantage of Alberta’s ratepayers in the future. It would amend sections of the Electric Utilities Act and Gas Utilities Act to ensure that the Alberta Utilities Commission has stronger regulatory oversight on how these municipal fees are calculated and applied, ensuring Alberta ratepayer’s best interests are protected.
If passed, this legislation would also amend sections of the Alberta Utilities Commission Act, the Electric Utilities Act, Government Organizations Act and the Regulated Rate Option Stability Act to replace the terms “Regulated Rate Option”, “RRO”, and “Regulated Rate Provider” with “Rate of Last Resort” and “Rate of Last Resort Provider” as applicable. Quick facts
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