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Alberta

Lack of pipeline access costs Canada $84 million a day. Alberta sharing real time cost with Canadians

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  • From the Province of Alberta – Province using “real time” counter to tally lost dollars and share with Canadians

    Alberta fighting to Keep Canada Working

    With pipeline delays now costing Canadians more than $80 million per day, Alberta is launching the next phase of the nationwide Keep Canada Working campaign.

    Alberta fighting to Keep Canada Working

    Minister Bilous introduces the next phase of the nationwide Keep Canada Working campaign.

    The latest push includes a real-time lost-revenue counter, which illustrates just how much Canadians will miss out on by keeping our energy resources landlocked. It is estimated that more than $6 billion in revenue has been lost across the country since the Federal Court of Appeal ruled against the Trans Mountain Pipeline expansion on Aug. 30. This money could have gone to build roads, schools and hospitals.

    The counter will be displayed digitally at locations near Parliament Hill in Ottawa, supported by advertisements in various formats from coast to coast.

    “From Day 1, we’ve been fighting for Trans Mountain. Under Premier Rachel Notley’s leadership, more Canadians than ever before support this project because they know we shouldn’t be selling our products on the cheap. There’s too much at stake. We will keep the federal government’s feet to the fire so that this project isn’t delayed any further.”

    Deron Bilous, Minister of Economic Development and Trade

    In early 2016, just four in 10 Canadians wanted to see the Trans Mountain Pipeline built. Thanks to Alberta’s nationwide efforts, that number is now seven in 10, as more Canadians recognize that creating good energy jobs and doing the right thing for the environment can go hand-in-hand.

    The current oil price differential is a stark illustration of why new pipelines are urgently needed. The government has also been engaging industry leaders on a number of different approaches to ease the differential, with more details to be announced at a later date.

    Background

    • Alberta has spent $10 million on this campaign, reaching over 10 million Canadians from coast to coast since it began in May 2018.
    • It’s estimated that the discount on Canadian oil caused by pipeline bottlenecks now costs producers and the Canadian economy as much as $84 million per day. This figure is calculated with methodology used by Scotiabank, and has been revised based on the current $45-per-barrel difference between WTI and WCS.


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    Alberta

    Alberta takes decisive action to get more oil to market

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  • February 19, 2019

    A historic rail deal between Canadian Pacific Railway, Canadian National Railway and the Government of Alberta means all Albertans will get a better price for our energy resources.

    Alberta takes decisive action to get more oil to market

    Premier Notley announces Alberta’s new investment in crude-by-rail export capacity.

    This strategic investment by the Alberta government will see an estimated 4,400 rail cars move up to 120,000 barrels per day by 2020. Albertans can look forward to seeing rail cars transport Alberta oil as early as July 2019.

    This is another part of our Made-in-Alberta energy strategy – building on Alberta’s energy strengths to get more value from our resources and create more jobs.

    “Each and every Albertan owns our energy resources and deserves to get top dollar for them. We are taking decisive actions to protect people and to protect our natural inheritance. When challenges are placed in front of us, we overcome them. I’m going to keep working every day to fight for a better future for every person who calls Alberta home.”

    Premier Rachel Notley

    In 2018, Premier Notley laid out short, medium and long-term plans to get top dollar for Alberta’s energy resources. In the short term, the province temporarily curtailed oil production to address the storage glut. Over the long-term, the Premier continues to fight for pipelines and today’s rail deal means Alberta can expand take-away capacity over the medium term.

    This investment in increased rail capacity totals about $3.7 billion. With the anticipated commercial revenue and increased royalty and tax revenues, the province anticipates generating approximately $5.9 billion over the next three years.

    The Government of Alberta will purchase crude oil from producers and load it onto the rail cars at onloading facilities across the province. The crude oil will then be shipped to market. These actions will help industry including small producers who may not have the ability to take this action on their own.

    In developing its Crude-by-Rail strategy, the Alberta government has also taken care to ensure that additional rail cars carrying oil will have no impact on the shipments of agricultural products.

    Quick facts

    • $3.7B investment provides Albertans with $5.9B in revenues over three years.
    • Approximately US$4 per barrel reduction projected in differential between West Texas Intermediate and Western Canadian Select from early 2020 to late 2021.
    • Additional 120,000 barrels a day of rail capacity is anticipated by 2020.
    • 4,400 rail cars will be used to transport oil. The first complement of rail cars are expected to start transporting Alberta oil in July 2019.
    • Rail cars include DOT-117J and DOT-117R models, which meet all current safety standards outlined by Transport Canada.


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    Alberta

    United We Roll crew feeling under attack as they approach Parliament Hill

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  • The closer the Convoy gets to their destination, the harder their job gets.  Here’s what it looked like as United We Roll set out on their final leg from Pembroke, Ontario.  Video from Chance Turcotte

     

    Today is the big day and some of the spokespeople taking Alberta’s message to Ottawa are feeling under attack.  After facing media questions which have little to do with the actual reason all these Canadians drove across the country.. Haley Wile is nearing her wits end.  Watch her post.. and send her support.. She needs her friends now more than ever..


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    february, 2019

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