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Alberta

Premier Kenney announces Residential Recovery Centre, a critical addition in fight against opioid addictions

Published

4 years ago

6 minute read

 

From the Province of Alberta

Building a recovery community in Red Deer

Alberta’s government is providing up to $5 million to build a recovery community in Red Deer, which will add 75 treatment beds in central Alberta.

As part of Alberta’s Recovery Plan, $25 million will support the construction of life-changing recovery communities, which will play a critical role in supporting the health, wellness and long-term recovery of Albertans.

“Today’s announcement is a big step towards supporting Albertans in their goal of recovery. We dedicated a portion of our Recovery Plan to ensure infrastructure was being dedicated to the vulnerable people in our communities. These recovery communities are a continuation of our efforts at creating 4,000 addiction treatment spaces in the province and building a full continuum of care for people struggling with addiction.”

Premier Jason Kenney

Recovery communities, also known as therapeutic communities, are a form of long-term residential treatment for addiction, used in more than 65 countries around the world. Recovery is seen as a gradual, ongoing process of cognitive change through clinical and peer interventions. Program participants advance through the stages of treatment at their own pace, setting personal objectives and assuming greater responsibilities in the community along the way.

“I am excited to announce the first of five recovery communities will be in Red Deer. This is an important step in the expansion of our mental health and addiction recovery strategy. I want to thank the City of Red Deer for their tremendous partnership on this important project. Their commitment to the community and the people struggling with addiction has been second to none.”

Jason Luan, Associate Minister of Mental Health and Addictions

Recovery Communities encourage participants to examine their personal behaviour to help them become more pro-social and positively engaged citizens – considered to be based on honesty, taking responsibility, hard work, and willingness to learn. The goal is for a participant to leave the program not only drug-free but also employed or in school or training.

Five recovery communities are being built across the Alberta. It is anticipated recovery communities will begin accepting participants in spring 2021.

“The City of Red Deer is proud to have worked closely with the Government of Alberta on this important initiative. Our friends, family, and neighbours suffering from addiction will have a place to go that’s close to home. We will continue to working with this government hand-in-hand as we build out further supports for the people of Red Deer.”

Tara Veer, mayor, City of Red Deer

“I am pleased to hear that a recovery community is coming to Red Deer. This facility is poised to have a dramatic impact on those struggling with addiction in Red Deer and in central Alberta. I look forward to seeing the positive effects it has on its patients and the community as a whole.”

Adriana LaGrange, Minister of Education and MLA for Red Deer North

“Addiction is a challenge of human nature.  Success in this complex matter must begin with the end in mind: supporting and loving our neighbors to become free from addictions. The announced therapeutic community for Red Deer is an innovative, game changing, service towards loving and supporting our neighbors seeking to become free from addictions, blessing families and communities throughout Central Alberta.”

Jason Stephan, MLA for Red Deer South

This historic infrastructure investment complements government’s ongoing commitment to create 4,000 addiction and mental health treatment spaces in the province.

Alberta’s Recovery Plan is a bold, ambitious long-term strategy to build, diversify, and create tens of thousands of jobs now. By building schools, roads and other core infrastructure we are benefitting our communities. By diversifying our economy and attracting investment with Canada’s most competitive tax environment, we are putting Alberta on a path for a generation of growth. Alberta came together to save lives by flattening the curve and now we must do the same to save livelihoods, grow and thrive.

Quick facts

  • Alberta’s Recovery Plan provides a total of $25 million to build five recovery communities across the province, adding 400 treatment beds – a 30 per cent increase to current capacity.
  • Construction of these long-term residential treatment centres is part of the more than $10 billion infrastructure spending announced as part of Alberta’s Recovery Plan. This spending includes: $6.9 billion Budget 2020 capital spending, $980 million accelerated for Capital Maintenance and Renewal, $200 million for Strategic Transportation Infrastructure Program and water infrastructure projects, $600 million in strategic infrastructure projects, $500 million in municipal infrastructure and $1.5 billion for Keystone XL.
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After 15 years as a TV reporter with Global and CBC and as news director of RDTV in Red Deer, Duane set out on his own 2008 as a visual storyteller. During this period, he became fascinated with a burgeoning online world and how it could better serve local communities. This fascination led to Todayville, launched in 2016.

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Alberta

“It’s Canada’s Time to Shine” – CNRL’s $6.5 Billion Chevron Deal Extends Oil Sands Buying Spree

Published on October 8, 2024

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From Energy Now

Canadian Natural Resources Ltd.’s $6.5 billion acquisition from Chevron Corp. marks the latest in a string of deals that has helped make it the country’s largest oil producer and brought Alberta’s massive oil sands deposits almost entirely under local control.

CNRL has feasted on the oil sands assets of foreign energy producers over the past decade, snapping up stakes and operations from Devon Energy Corp. and Shell Plc as they shifted away from the higher-cost, higher-emissions oil sands business. Investors have applauded the strategy, which allows CNRL to boost output and make the operations more efficient.

That trend continued on Monday, with CNRL shares climbing more than 4% after the deal with Chevron raised its stake in a key oil sands mine and a connected upgrading facility, while also adding natural gas assets in the Duvernay formation.

“These assets build on the robustness of Canadian Natural’s assets,” said CNRL President Scott Stauth said on a conference call Monday. The deal boosts CNRL’s stake in the Athabasca oil sands project, which it first bought from Shell in 2017, to 90% from 70%.

The acquisition was largely expected and boosts CNRL’s oil and gas output by roughly 9%, adding the equivalent of 122,500 barrels of oil production per day.

“It’s just been a matter of time,” Eight Capital analyst Phil Skolnick said by phone, noting that CNRL had been seen as the logical buyer for Chevron’s oil sands business.

While CNRL also boosted its dividend by 7% on Monday, Desjardins analyst Chris MacCulloch  cautioned the company’s additional debt to finance the acquisition “may disappoint some investors” given it plans to temporarily slow capital returns.

Still, MacCulloch said the deal is positive overall for CNRL as it further consolidates assets in the region. “There’s no place like home,” he wrote in a note.

Chevron, for its part, is the latest in a long line of US and international oil producers — such as BP Plc, TotalEnergies SE and Equinor ASA — that have shifted away from the oil sands after spending billions to build facilities in the heavy-oil formation. That has left the oil sands largely in the control of Canadian firms including CNRL, Suncor Energy Inc. and Cenovus Energy Inc.

“There’s no remaining, obvious assets available,” Ninepoint Partners partner and senior portfolio manager Eric Nuttall said after Monday’s deal. Ninepoint owns 3.1 million shares in CNRL, data compiled by Bloomberg show.

Many of those oil sands deals have been struck at prices that favor the Canadian buyers, which have consolidated land, reduced costs and boosted returns in recent years.

“It’s Canada’s time to shine,” Nuttall said, adding that he expects foreign investors will return to the country’s oil producers in the future.

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Alberta

Alberta Preparing a New Regulatory Framework for iGaming

Published on October 7, 2024

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With the success of the iGaming market in Ontario, Alberta is looking to it as a blueprint for its own plans in that arena. Despite this, there will likely be differences in the way the two provinces regulate this industry.  These potential differences will likely be based on the strategies laid out by Dale Nally, Alberta’s Minister of Service and Red Tape Reduction.

The manner in which Alberta eventually decides to handle its iGaming regulations will be crucial to maintaining a healthy balance for the industry there. Many other regions have begun seeing the drawbacks of over-regulation in this field. As a result, many new-age casinos operating offshore have been gaining popularity over traditional ones that are often stifled by restrictions. 

This is because restrictions place more onerous burdens on operators and cause lengthy delays with everything from sign-up procedures to payout times. However, offshore casinos have become a revelation for players tied down by these restrictions. For example, crypto casinos and the perks found at sites like an instant payout casino have seen the number of players from regions like the US, UK, Asia, Europe, and even Canada soaring in recent years.

Instant payout casinos in particular have grown very popular in recent years as they offer players same-day access to their winnings. This phenomenon has been playing out amid ever-tightening regulations on iGaming sites being deployed in many prominent markets. 

While reasonable regulations have their benefits, many players feel that most jurisdictions are over-regulating the industry now and players have begun to respond by flocking to offshore sites. Instant payout casinos offer a perfect refuge since platforms like these feature fewer restrictions, more expansive gaming libraries, more privacy, and more generous bonuses.  

While Alberta is drawing heavily from Ontario’s regulatory guidelines, it also wants to retain some aspects that will distinguish it too. Minister Nally has indicated that Alberta will seek a less onerous regulatory regime than Ontario. However, as it is with Ontario, there won’t be a limit imposed on the number of iGaming operators permitted. These would also not require any partnerships with land-based casinos. 

This approach is expected to foster a competitive online betting environment. As such, huge operators are expected to set up shop there and operate freely alongside the government-run Play Alberta—which currently holds a monopoly.

Nally’s ministry has already been busy working on these new regulations and is set to keep being so as it will also be directly responsible for overseeing iGaming regulations and their enforcement. This ensures a separate regulatory body need not be created. It also addresses concerns raised by operators that Alberta’s Gaming, Liquor, and Cannabis Commission (AGLC) would have a conflict of interest if it managed the new regime as the AGLC is a market operator since it runs the Play Alberta platform.

All in all, Alberta’s approach currently does look good and at least considers the need for making it as simple as possible for new entrants to gain access to the market. Alberta’s method to  “conduct and manage” gambling activities is in direct contrast with Ontario’s, where iGaming Ontario (iGO) is simply a subsidiary of the Alcohol and Gaming Commission of Ontario (AGCO).

The revenue-sharing model will also be looked at. Currently, Ontario operators are taxed 20% with the province making $790 million of them last year—with more expansion on the horizon. On that note, Alberta has hinted that it may seek a higher percentage. With other things like consults with indigenous communities and other stakeholders, and setting up transition periods for “grey” market operators, there is more work to be done. However, for now, the future of the iGaming industry in Alberta looks good indeed. 

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