Entries from September 2007

Welfare is good for oil corporations but not people.

September 30th, 2007 · No Comments

Ever notice how in Alberta people are very anti-welfare or social assistance? But when corporations want welfare that is cool… hypocrtical no?
Sept. 28 (Bloomberg) — EnCana Corp., Canada’s largest natural-gas producer, said it will cut its 2008 investment in Alberta by about C$1 billion ($1 billion) if proposed increases in oil and gas royalties […]

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Migration to Alberta slowing.

September 27th, 2007 · No Comments

This is probably a good thing. From the Globe and Mail:
The fast and furious pace of migration to Alberta is finally starting to ease.
Interprovincial migration to oil-rich Alberta was estimated at just 7,400 people in the second quarter of the year, more than 2,000 fewer than in the same period of 2006, Statistics Canada said […]

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Should Alberta Surrender Royalties for Companies to Develop Economically Unviable Projects?

September 27th, 2007 · No Comments

The Financial Report notes that according to Wood MacKenzie, an international energy research firm:
The Alberta government would knock US$26-billion off the value of 28 projects in operation and under development in Alberta’s oilsands if it adopts proposals to increase taxes and royalties from the energy sector by 20%.
The conclusion of Wood Mackenzie is that it […]

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Tags: Oil Sands · Our Fair Share Report

Admission by Government that Alberta Royalty Review Flawed?

September 26th, 2007 · 1 Comment

The CBC is reporting that the government is inviting comments from the public in relation to the royalty review process by telephone and through its website. According to the CBC:
“While the formal consultation is over, we have not stopped listening,” Premier Ed Stelmach said in a news release Tuesday. “We want to make sure […]

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Tags: Our Fair Share Report

Cost of Freedom

September 26th, 2007 · No Comments

Jon Stewart’s Daily Show looks at Canada’s “immigration” problem. Very funny clip, Albertans will find it humorous due to the fact that Mexicans are migrating to Alberta in droves to do the jobs that Albertans aren’t interested in.

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