Ottawa imposed new regulatory hurdles that led to TransCanada scuttling its Energy East project.
Natural Resources
Handouts are far costlier than emission tax revenues to fund reductions in other tax rates.
Proposed legislation would radically revise the process of environmental assessment for major infrastructure projects including pipelines.
Despite the global recovery in energy prices, Canadian oil prices dropped to US$27.
Capital investment in Canada’s oil and natural gas in 2017 was down 44 per cent from 2014.
Oil price discount recently reached nearly 60 per cent.
The climate threat is based on computerized models that grossly overstate warming.
World oil consumption may expand to 100 million barrels per day in the next three months.
Canadian oil producers will lose an estimated $15.8 billion this year in foregone revenues compared to other producers.
Study assumes the new carbon tax will shift the tax burden from households to businesses without putting businesses at a competitive disadvantage.
Subscribe to the Fraser Institute
Get the latest news from the Fraser Institute on the latest research studies, news and events.