Alberta
RBC boss says the U.S. needs Canada to supply oil and gas to Asia for energy security
From the Canadian Energy Centre
By Deborah JaremkoDave McKay sees the opportunity to ‘lead on both sides’ with conventional energy and cleantech innovation
Despite the rise of “Buy American” policy, the CEO of Canada’s biggest company says there are many opportunities to improve Canada’s sluggish economy by supporting the United States.
Near the top of the list for RBC boss Dave McKay is energy – and not just the multi-billion-dollar trade between Canada and the U.S. The value of Canada’s resources to the U.S. stretches far beyond North America’s borders.
“Canada has to get in sync and create value for our largest trading partner,” McKay told a Canadian Club of Toronto gathering on Sept. 10.
Security, he said, is one of America’s biggest concerns.
“Energy security is a big part of overall security…As we think about these power structures changing, the U.S. needs us to supply Asia with energy. That allows the United States to feed energy to Europe.”
He said that for Canada, that includes oil exports through the new Trans Mountain pipeline expansion and natural gas on LNG carriers.
“Particularly Asia wants our LNG. They need it. It’s cleaner than what they’re using today, the amount of coal being burned…We can’t keep second-guessing ourselves,” McKay said.
Asia’s demand for oil and gas is projected to rise substantially over the coming decades, according to the latest outlook from the U.S. Energy Information Administration (EIA).
The EIA projects that the region’s natural gas use will increase by 55 per cent between 2022 and 2050, while oil demand will increase by 44 per cent.
With completion of the Trans Mountain expansion in May, Canada’s first major oil exports to Asia are now underway. Customers for the 590,000 barrels per day of new export capacity have already come from China, India, Japan and South Korea.
Canada’s long-awaited first LNG exports are also on the horizon, with first shipments from the LNG Canada terminal that could come earlier than expected, before year-end.
According to the Canada Energy Regulator, LNG exports from the coast of British Columbia could rise from virtually nothing today to about six billion cubic feet per day by 2029. That’s nearly as much as natural gas as B.C. currently produces, CER data shows.
But the federal government’s proposed oil and gas emissions cap could threaten this future by reducing production.
Analysis by Deloitte found that meeting the cap obligation in 2030 would result in the loss of about 625,000 barrels of oil per day and 2.2 billion cubic feet of natural gas per day.
This could wipe out significant sales to customers in the United States and Asia, without reducing demand or consumption.
McKay said the “massive complexity” around climate rules around the world and the lack of a cohesive path forward is slowing progress to reduce emissions.
Canada has opportunities to advance, from conventional energy to critical minerals and cleantech innovation, he said.
“We have to continue to leverage our resources…We can lead in clean tech, but in the meantime, there is an opportunity to get more carbon out of the economy sooner,” he said.
“We are in a race. Our planet is heating, and therefore we have to accept there can be transitionary energy sources.”
Alberta
Albertans choose new licence plate design with the “Strong and Free” motto
First new plate in 40 years hit the road in 2026.
Albertans have chosen beautiful Moraine Lake in Banff National Park as the new design for the province’s licence plate.
After three rounds of voting and more than 240,000 votes cast, Albertans have spoken. The iconic Moraine Lake in Banff National Park will be featured on the province’s new licence plate.
Available in mid-2026, echoing the “Strong and Free” motto of our province, the plate reflects Alberta’s bold identity, economic strength and deep-rooted provincial pride. The motto’s inclusion on the licence plates will also serve as a nod to Canada’s national anthem and Alberta’s position as a strong and sovereign province within a united Canada.
“Albertans know who we are and what we stand for: we are strong, free, resilient and united by the natural beauty that defines our home. Moraine Lake is recognized around the world, and the fact that Albertans chose it makes this new plate deeply meaningful. Thank you to the Albertans who cast more than 240,000 votes and helped choose a design that showcases Alberta’s natural beauty and will stand as a proud symbol of our province for years to come.”
Moraine Lake is one of Alberta’s most iconic destinations, making it fitting that it be on the province’s licence plates for motorists around the country to see. The licence plate depicts the breathtaking panoramic view of Moraine Lake that perfectly displays the province’s beautiful Rocky Mountains, which attract visitors from around the world to Alberta.
“Having the iconic Moraine Lake on our licence plates is something we can all be proud to show off. Thank you to every Albertan who cast their vote in our tournament. Because of you, the beauty and strong and free spirit of our province will be on display for motorists across the country.”
If an Albertan wants to replace their current plate for the new licence plate once it is released, they can voluntarily pay a $28 fee. Alternatively, Albertans could obtain a new plate on their vehicle registration renewal date at no additional cost. Motorists may also continue using the previous licence plate once the new licence plate is brought onboard, provided it is still in good condition.
Quick facts
- Alberta’s current licence plate was designed in 1984.
- In 2021, Alberta began a transition from painted to reflective plates with the same design.
- The new design incorporates reflective technology to improve readability for law enforcement and automated systems in low-light conditions, and to meet international standards for visibility, legibility and counterfeit resistance.
Alberta
Edmonton and Red Deer to Host 2027 IIHF World Junior Hockey Championship
News release from the Red Deer Rebels and Hockey Canada
Hockey Canada, in partnership with the Canadian Hockey League (CHL) and International Ice Hockey Federation (IIHF), has announced that the 2027 IIHF World Junior Championship will be played in Edmonton and Red Deer, Alberta, from Dec. 26, 2026 to Jan. 5, 2027.
The successful bid represents a partnership between OEG Sports & Entertainment, the Red Deer Rebels, Hockey Alberta, the Cities of Edmonton and Red Deer, and the Province of Alberta, which made an $11 million commitment in February 2024 to host events in communities throughout the province.
“We are excited to bring the IIHF World Junior Championship back to Edmonton and Red Deer, and to give hockey fans in Alberta and across the country the opportunity to watch the top under-20 players compete for a gold medal right here in Canada,” said Dean McIntosh, senior vice-president of revenue, fan experience and community impact with Hockey Canada. “Both cities have been successful hosts of IIHF and other high-profile international events, and we know our partners in Edmonton and Red Deer will host a world-class event for players, teams, fans and volunteers alike.”
The 18,500-seat Rogers Place, home of the National Hockey League’s Edmonton Oilers and Western Hockey League’s Edmonton Oil Kings, will serve as the primary competition venue and host 17 games, including both semifinals and the medal games. The additional 14 games are set for the 7,050-seat Marchant Crane Centrium, home of the WHL’s Red Deer Rebels.
“Alberta is ready to welcome visitors from around the world for the International Ice Hockey Federation World Junior Championship,” said Andrew Boitchenko, minister of tourism and sport for Alberta. “This event celebrates the spirit of international competition and our province’s passion for hockey, while showcasing Alberta as a world-class destination for sporting events.”
“Edmonton is thrilled to co-host the IIHF World Junior Championship. This tournament is a fantastic opportunity to watch the world’s best junior hockey players right here in our community, showcasing emerging talent and inspiring a new generation of athletes,” said Andrew Knack, mayor of Edmonton. “Hosting world-calibre events like this also injects vital tourism dollars into our local economy, boosts our city’s vibrancy, and solidifies Edmonton’s reputation as a premiere sports tourism destination.”
Edmonton last hosted the IIHF World Junior Championship in August 2022, which was rescheduled from its traditional winter slot due to the COVID-19 pandemic. The gold medal game at the 2022 event was an instant classic, with Mason McTavish making a game-saving play in overtime and Kent Johnson netting the game-winner just over a minute later to give Canada its 19th World Juniors gold medal. The city also hosted in 2021 without fans, and was a co-host with Calgary for the 2012 edition of the event. Red Deer was a co-host for the cancelled 2022 World Juniors, and first hosted the annual under-20 tournament in 1995.
“We are proud to welcome the 2027 IIHF World Junior Championship back to our region,” said Jesse Smith, chief executive officer of Tourism Red Deer. “Red Deer’s love for the game and our hospitality will ensure an unforgettable experience for every athlete and fan.”
“The World Juniors give Edmonton an extraordinary opportunity to showcase our city on the world stage,” said Arlindo Gomes, vice-president of business development and venues management with Explore Edmonton. “This event strengthens our global reputation as a premier international sport destination while delivering more than $90 million in total economic impact to our community and inspiring the next generation of hockey players and fans. Edmonton loves hockey and we cannot wait to welcome global athletes and fans.”
Pre-tournament games for the 2027 World Juniors are expected to take place throughout Alberta, allowing fans across the province to watch the best junior hockey players from 10 countries before the puck officially drops in Edmonton and Red Deer on Boxing Day.
With demand for tickets expected to exceed availability, more information about a priority ticket draw and tournament ticket packages will be announced in the coming months. Fans looking to receive updates about the 2027 IIHF World Junior Championship as soon as they become available can sign up to become a Hockey Canada Insider today.
“On behalf of all of us at OEG Sports & Entertainment, we are proud to once again be hosting the IIHF World Junior Championship and the best young stars on the planet,” said Stu Ballantyne, president and chief operating officer of Rogers Place and ICE District. “The World Juniors is one of the most celebrated tournaments in hockey, and bringing it back to Edmonton is an honour for our city, our fans and our entire organization. ICE District and Rogers Place were built to facilitate and showcase the very best in sport and entertainment, and we look forward to working closely with Hockey Canada and other partners to deliver an unforgettable experience for the athletes, fans and the global hockey community.”
“We are beyond excited for our fans, partners and community to once again welcome the hockey world to Red Deer,” said Merrick Sutter, senior vice-president of the Red Deer Rebels. “This is a community that loves events, and we know their passion will be on full display once again next December.”
For more information on Hockey Canada and the 2027 IIHF World Junior Championship, please visit HockeyCanada.ca, or follow along through social media on Facebook, X, Instagram and TikTok.
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