BOE Report

This will be very concerning and frustrating for everyone who’s part of the natural resource economy in Canada.

Demand has jumped for relatively cheap Canadian natural gas, driving exports to the United States to three-year highs and prompting producers in Canada to boost capital spending and drilling activity.

Canada’s oil producers face new pressure from Prime Minister Justin Trudeau to reduce emissions in just three years, a sudden acceleration of their plans that at least one major company said looks unrealistic.

"How could anyone whose business or house has been expropriated not be offered at least fair market value compensation by the government?"

Gondek said that Calgary has had ‘years’ to declare a climate emergency, and now is the time ‘to get serious and declare [a climate emergency]’.