Alberta
Our sports history has value
Simple confirmation that the Alberta Sports Hall of Fame has been operating without its standard financial aid from the provincial government prompted some interesting response during the last few days.
In a casual conversation, executive director Tracey Kinsella mentioned last week that COVID-19 made it necessary to cancel at least two annual fund-raisers – the Hall of Fame induction ceremony and its annual invitational golf tournament in Red Deer – and she was concerned about meeting routine expenses.
Consistently, the government’s contribution of $302,000 a year has been in the hands of Hall of Fame officials before the middle of the year. She expressed only mild frustration,, understanding that the coronavirus pandemic and other major financial issues have created major problems far from the world of sports. She did state that government staff members, working below the level of elected or appointed officials, have told her of their efforts to have the money forwarded as quickly as possible.
Perhaps this delay must be seen as part of a long and ongoing drop in Alberta’s financial support to amateur sports at all levels. In the 10-year period ending in 2019, the reduction reached $5.1 million – an average of $500,000 per year. We should hope not.
Some comparative figures seem to be well worth serious study:
* The economic impact of the 2019 Canada Winter Games in Red Deer was $110 million; impact of the 2018 Alberta Winter Games was $3.4 million for the Fort McMurray-Wood Buffalo area and $5.6 million for this host province;
* In 2018-19, Alberta Sport Connection, a sport delivery system disbanded months ago by the UPC, provided $7.2 million to be shared among 80 provincial sport organizations that delivered programming to more than 788,000 Albertans;
* Leduc hosted the 2016 Alberta Summer Games with an economic impact of $3.6 million for the area and $4.9 million for the province.
Still, government aid has dropped. Some citizens suggest minor and amateur sports should not receive government support during troubled times. Today it might be wise to ask Fort McMurray if that community will value the 2022 Arctic Winter Games? The record shows that numerous small- and mid-sized business stepped up during the 2018 Games, a difficult time for fire victims and petroleum companies that have served as a backstop to countless community and area projects.
After the severe floods earlier this year, it’s safe to guess that any international program that will improve community morale while adding some vital dollars to the public purse will be welcome. Incidentally, they’re headed to Wood Buffalo because COVID-19 forced cancellation of the scheduled 2020 event in Whitehorse. Fortunately, some of the dollars set aside and unused in the Northwest Territories have already arrived in Fort McMurray.
These days, surrounded by a crippled economy, I wonder if Alberta now wishes the 2026 Commonwealth Games were headed for Edmonton and 2026 Winter Olympics were coming to Calgary. Both possibilities were seriously discussed before being nixed.
During my five-year term as chair of Alberta Sport Connection, the organization received steady criticism for finishing third of fourth – usually in the rear of Quebec and Ontario – in provincial medal counts. I tried regularly to help almost any government official to focus on the cost of doing business.
It made no impact to point out that Alberta’s per-capita investment in sport programs is (or was) the second-lowest in Canada. Sorry, I can’t remember which province spent less, but I am sure that Saskatchewan receives $24.39 per capita and Newfoundland gets $8.36 per capita.
Alberta receives $3.85 per capita although 82 per cent of Albertans say in polls that they believe sport contributes to quality of life. And those I have spoken to say clearly that the Alberta Sports Hall of Fame has value.
Alberta
Pierre Poilievre will run to represent Camrose, Stettler, Hanna, and Drumheller in Central Alberta by-election
From LifeSiteNews
Conservative MP-elect Damien Kurek announced Friday he would be willing to give up his seat as an MP so Pierre Poilievre, who lost his seat Monday, could attempt to re-join Parliament.
Conservative MP-elect Damien Kurek announced Friday he would be willing to give up his seat in a riding that saw the Conservatives easily defeat the Liberals by 46,020 votes in this past Monday’s election. Poilievre had lost his seat to his Liberal rival, a seat which he held for decades, which many saw as putting his role as leader of the party in jeopardy.
Kurek has represented the riding since 2019 and said about his decision, “It has been a tremendous honor to serve the good people of Battle River—Crowfoot.”
“After much discussion with my wife Danielle, I have decided to step aside for this Parliamentary session to allow our Conservative Party Leader to run here in a by-election,” he added.
Newly elected Prime Minister of Canada Mark Carney used his first post-election press conference to say his government will unleash a “new economy” that will further “deepen” the nation’s ties to the world.
He also promised that he would “trigger” a by-election at once, saying there would be “no games” trying to prohibit Poilievre to run and win a seat in a safe Conservative riding.
Poilievre, in a statement posted to X Friday, said that it was with “humility and appreciation that I have accepted Damien Kurek’s offer to resign his seat in Battle River-Crowfoot so that I can work to earn the support of citizens there to serve them in Parliament.”
“Damien’s selfless act to step aside temporarily as a Member of Parliament shows his commitment to change and restoring Canada’s promise,” he noted.
“I will work to earn the trust of the good people of Battle River-Crowfoot and I will continue to hold the Liberal minority government to account until the next federal election, when we will bring real change to all Canadians.”
Carney said a new cabinet will be sworn in on May 12.
From the Canadian Energy Centre
By Will Gibson
Alberta oil sands projects poised to grow on lower costs, strong reserves
As geopolitical uncertainty ripples through global energy markets, a new report says Alberta’s oil sands sector is positioned to grow thanks to its lower costs.
Enverus Intelligence Research’s annual Oil Sands Play Fundamentals forecasts producers will boost output by 400,000 barrels per day (bbls/d) by the end of this decade through expansions of current operations.
“Existing oil sands projects deliver some of the lowest-breakeven oil in North America at WTI prices lower than $50 U.S. dollars,” said Trevor Rix, a director with the Calgary-based research firm, a subsidiary of Enverus which is headquartered in Texas with operations in Europe and Asia.
Alberta’s oil sands currently produce about 3.4 million bbls/d. Individual companies have disclosed combined proven reserves of about 30 billion barrels, or more than 20 years of current production.
A recent sector-wide reserves analysis by McDaniel & Associates found the oil sands holds about 167 billion barrels of reserves, compared to about 20 billion barrels in Texas.
While trade tensions and sustained oil price declines may marginally slow oil sands growth in the short term, most projects have already had significant capital invested and can withstand some volatility.
Cenovus Energy’s Christina Lake oil sands project. Photo courtesy Cenovus Energy
“While it takes a large amount of out-of-pocket capital to start an oil sands operation, they are very cost effective after that initial investment,” said veteran S&P Global analyst Kevin Birn.
“Optimization,” where companies tweak existing operations for more efficient output, has dominated oil sands growth for the past eight years, he said. These efforts have also resulted in lower cost structures.
“That’s largely shielded the oil sands from some of the inflationary costs we’ve seen in other upstream production,” Birn said.
Added pipeline capacity through expansion of the Trans Mountain system and Enbridge’s Mainline have added an incentive to expand production, Rix said.
The increased production will also spur growth in regions of western Canada, including the Montney and Duvernay, which Enverus analysts previously highlighted as increasingly crucial to meet rising worldwide energy demand.
“Increased oil sands production will see demand increase for condensate, which is used as diluent to ship bitumen by pipeline, which has positive implications for growth in drilling in liquids-rich regions such as the Montney and Duvernay,” Rix said.
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