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Popular opinion suggests any slowdown in resource demand from China, which is becoming more desperate in its attempts to revive its flagging economy, will be especially bad for a commodity-dependent economy such as Canada’s. That may well be the case, but it does overlook at least one key silver lining. Sharply lower commodity prices are [...]

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Oil’s slide below $50 (U.S.) a barrel is the latest turn for a bear market that looks to be settling in for an extended stay. In the oil patch, hope springs eternal that prices will rebound and the cyclical industry can begin a long and profitable march up the curve of another upswing. A glance [...]

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The national energy strategy just mapped out by Canada’s premiers contemplates, among other things, how to speed up the approval process for interprovincial pipelines. Even as the agreement was being hashed out, however, attention was already turning to a burst pipeline at Nexen’s Long Lake oil sands site that spilled 31,000 barrels of bitumen, sand [...]

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Alberta’s new emissions regulations, just unveiled by the province’s fresh NDP government, are a welcome step towards tailoring environmental policy for the needs of an expanding oil sands sector. Whether those regulations will do anything to help the environment once the industry starts to contract remains a question that still needs to be asked. The [...]

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If Alberta premier-designate Rachel Notley is looking to wean her province’s economy from its oil addiction, she may find that climate change, ironically enough, turns into an unexpected ally. The Prairies, once hailed as the breadbasket of the world, could find that description gain renewed currency in the years to come. With climate change set [...]

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