If producers reduce the emissions intensity of oilsands production by a modest amount, production losses may total two billion barrels of oil between 2027 and 2040.
Natural Resources
The historical record suggests that sharp declines in oil prices are followed by substantial price recovery.
If a carbon tax is implemented, it will likely be on top of the extensive regulation Canadians already face.
Enbridge won the support of the majority of aboriginal groups along the path of the pipeline.
Royalty revenues from bitumen production were projected to reach only $1.5 billion in 2015-16 compared with $5.0 billion during the preceding year.
Report mostly an anti-development manifesto that says little about the health or breadth of Canadian parks and protected areas.
The CPP tax increase is just one of many tax increases imposed by the new federal government on middle-income Canadians.
Consumers will pay $9.2 billion more for renewables under the current plan than Ontario’s previous program.
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