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Senator wants to torpedo Canada’s oil and gas industry

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From the Fraser Institute

By Kenneth P. Green

Recently, without much fanfare, Senator Rosa Galvez re-pitched a piece of legislation that died on the vine when former prime minister Justin Trudeau prorogued Parliament in January. Her “Climate-Aligned Finance Act” (CAFA), which would basically bring a form of BDS (Boycott, Divestment, and Sanctions) to Canada’s oil and gas sector, would much better be left in its current legislative oblivion.

CAFA would essentially treat Canada’s oil and gas sector like an enemy of the state—a state, in Senator Galvez’ view, where all values are subordinate to greenhouse gas emission control. Think I’m kidding? Per CAFA, alignment with national climate commitments means that everyone engaged in federal investment in “emission intensive activities [read, the entire oil and gas sector] must give precedence to that duty over all other duties and obligations of office, and, for that purpose, ensuring the entity is in alignment with climate commitments is deemed to be a superseding matter of public interest.”

In plain English, CAFA would require anyone involved in federal financing (or federally-regulated financing) of the oil and gas sector to divest their Canadian federal investments in the oil and gas sector. And the government would sanction those who argue against it.

There’s another disturbing component to CAFA—in short, it stacks investment decision-making boards. CAFA requires at least one board member of every federally-regulated financial institution to have “climate expertise.” How is “climate expertise” defined? CAFA says it includes people with experience in climate science, social science, Indgineuous “ways of knowing,” and people who have “acute lived experience related to the physical or economic damages of climate change.” (Stacking advisory boards like this, by the way, is a great way to build public distrust in governmental advisory boards, which, in our post-COVID world, is probably not all that high. Might want to rethink this, senator.)

Clearly, Senator Galvez’ CAFA is draconian public policy dressed up in drab finance-speak camouflage. But here’s what it would do. By making federal investment off-limits to oil and gas companies, it would quickly put negative pressure on investment from both national and international investors, effectively starving the sector for capital. After all, if a company’s activities are anathema to its own federal regulators or investment organs, and are statutorily prohibited from even verbally defending such investments, who in their right minds would want to invest?

And that is the BDS of CAFA. In so many words, it calls on the Canadian federal government to boycott, divest from, and sanction Canada’s oil and gas sector—which powers our country, produces a huge share of our exports, and employs people from coast to coast. Senator Galvez would like to see her Climate-Aligned Finance Act (CAFA) resurrected by the Carney government, whose energy policy to-date has been less than crystal clear. But for the sake of Canadians, it should stay dead.

Kenneth P. Green

Senior Fellow, Fraser Institute

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Automotive

Opposition Conservatives fail in attempt to “Pull the Plug” on Carney’s Electric Vehicle Mandate

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From Conservative Party Communications

After a Lost Liberal Decade of rising costs and slow growth, Mark Carney wants you to think his government has moved on from Justin Trudeau’s failed policies.

Unfortunately for Canadians, Carney has no interest in scrapping one of his predecessor’s most reckless and costly ideas: a zero-emissions vehicle (ZEV) mandate starting next year that will ultimately ban Canadians from buying gas-powered cars by 2035.

As the required percentage of ZEV sales increases each year, the government wants to force manufacturers and importers to buy costly credits of up to $20,000 for every EV they are short of the Liberals’ quota – a huge expense that will ultimately be passed on to, and paid by Canadian consumers.

That’s why Conservatives have introduced a motion to end this harmful scheme, ensuring Canadians can continue to buy the kind of car they need at a price they can afford.

EVs are great for many families, who should always be free to purchase the vehicle of their choice. But for many Canadians – who live in cold environments or travel long distances – they can be practically useless, especially without the infrastructure to power them.

One government report estimated that changes to Canadian infrastructure required to support a transition to ZEVs could cost up to $300 billion by 2040. On top of the costs already imposed on manufacturers and buyers, this policy will require billions in new tax dollars and government debt.

No wonder one 2024 survey found two thirds of Canadians find the 2035 target is unrealistic.

As unjust tariffs threaten an automotive sector which contributes billions to our GDP, the Liberals continue to put their elitist, top-down ideology ahead of the livelihoods of hundreds of thousands of proud Canadian workers.

While Carney talks about change, Conservatives are here to deliver. That’s why we’re fighting to repeal the ZEV mandate, scrap the industrial carbon tax and cancel Liberal fuel standards. We trust Canadians – not Ottawa’s Liberal elite – to make the best decisions for themselves and their families.

It’s time to put Canadians back in the driver’s seat.

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Agriculture

Unstung Heroes: Canada’s Honey Bees are not Disappearing – They’re Thriving

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By Peter Shawn Taylor

 

Canada’s Bee Apocalypse began in 2008. That was the year the Canadian Association of Professional Apiculturists (CAPA) first reported unusually high rates of winter bee colony losses. At 35 percent, the winter die-off that year was more than twice the normal 15 percent rate of attrition.

“Successive annual losses at [these] levels … are unsustainable by Canadian beekeepers,” the CAPA warned. This set off an avalanche of dire media reports that now appear on a regular basis. Among the many examples over the years: Huge Honey Bee Losses Across Canada” and “Canada’s bee colonies see worst loss in 20 years”. As each of these stories reminds readers, the disappearance of honey bees will doom our food supply, given their crucial role in pollinating crops including canola, soyabeans, apples, tomatoes and berries.

This year the black-and-yellow striped Cassandras are back at work, with headlines shouting “Scientists warn of severe honeybee losses in 2025” and “The Bees are Disappearing Again”. If it’s spring, the bees must be disappearing. Again.

It is, however, mathematically impossible for any species to be in an allegedly continuous and calamitous state of decline over nearly two decades and never actually reduce in number. For despite the steady supply of grave warnings regarding their imminent collapse, Canada’s bees are actually buzzing with life.

In 2007, according to Statistics Canada, there were 589,000 honey bee colonies in Canada,; in 2024, they reached 829,000, just shy of 2021’s all-time high of 834,000. Figuring a conservative summertime average of 50,000 bees per colony, that means there are approximately 12 billion more honey bees in Canada today than when the Bee Apocalypse first hit.

As for beekeepers, their numbers have also been growing steadily, and now stand at 15,430 – the most recorded since 1988. As CAPA’s report acknowledges, “the Canadian beekeeping industry has been resilient and able to grow, as proven by the overall increase in the number of bee colonies since 2007 despite the difficulties faced every winter.”

How is this possible? As is usually the case where there’s a need to be filled, the market holds the answer.

It is true that Canadian honey bees face a long list of threats and challenges ranging from mites and viruses to Canada’s harsh winters. It is also true that they perform a crucial service in pollinating crops, the value of which is estimated at $7 billion annually. However, this underscores the fact that bees are a livestock bred for a particular agricultural purpose, no different from cattle, chickens or pen-raised salmon. They are a business.

And in spite of its alleged status as an environmental totem, the honey bee isn’t even native to North America. It was first imported by European settlers for its honey-making abilities in the 1600s. Since then, it has been cultivated with deliberate commercial intent – allowing it to outcompete native pollinators such as bumble bees and butterflies even though it is poorly suited to the local winter. (This highlights the irony of all those native-plant pollinator gardens virtuously installed in neighbourhoods across Canada that end up supporting an invasive honey bee population.)

The significance of the bee economy means that when a beehive collapses over the winter for whatever reason, beekeepers have plenty of motivation to regenerate that colony as swiftly as possible. While hives can create their own queens over time, this can be a slow process given the cold Canadian climate. The better option is to simply buy a new queen from a warmer country.

In 2024, Canada imported 300,000 queens worth $12 million, mostly from the U.S., Italy, Australia and Chile. That works out to $40 each. In a miracle of nature, each of these new queens can lay up to 2,500 eggs a day, and each egg takes just two to three weeks to reach full maturity as a worker or drone. It is also possible to import entire “bee packages” that include a queen and 8,000 to 10,000 bees.

As a result, even a devastating 50 percent winter loss rate, something that has occurred only rarely in Canada in individual provinces and never nationally, isn’t necessarily fatal to any beekeeping operation. The beekeeper can purchase imported queens in April, split their existing colonies and be back in business by May or June.

And regardless of the honey bee’s apparent difficulties with Canada’s unforgiving weather (efforts are ongoing to breed a hardier Canadian variant), there’s no shortage of bees worldwide. Earlier this year, the German statistical agency reported the global beehive count rose from 69 million in 1990 to 102 million in 2023. Another study looking back to 1961 by New Zealand researchers found the number of honey bee colonies has “nearly doubled” over this time, while honey production has “almost tripled.” As the New Zealand report observes, “Headlines of honey bee colony losses have given an
impression of large-scale global decline of the bee population that endangers beekeeping, and that the world is on the verge of mass starvation.” Such claims, the authors note, are “somewhat inaccurate.” In truth, things have never been better for bees around the world.

Here in Canada, the ability to import queens from other countries, together with their prodigious reproductive capabilities, backstops the amazing resiliency of the bee industry. Yes, bees die. Sometimes in large numbers. But – and this is the bit the headlines always ignore – they come back. Because the market needs them to come back.

If there is a real threat to Canada’s bee population, it’s not environmental. It’s the risk that unencumbered trade in bees might somehow be disrupted by tariffs or similar bone-headed human interventions. Left on their own, bees have no problem keeping busy.

The longer, original version of this story first appeared at C2CJournal.ca

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