Canada

How protectionism could find its way back to the United States

In his first days in the Oval Office, US President Donald Trump signed an executive order to withdraw from the negotiating process of the Trans Pacific Partnership (TPP). The aim of this agreement was to favour trade by diminishing tariffs between both sides of the Pacific Ocean. Mr Trump often raised concerns about this partnership [...]

By |February 16th, 2017|Categories: Analyst's Insight|Tags: , , , , , , |

Severe weather, natural disasters cause record year for insurable damage in Canada – Yahoo News – 06/01/2017

From the wildfires that swept through Fort McMurray in May to the floods that devastated parts of Nova Scotia and Newfoundland over Thanksgiving weekend, severe weather had a huge impact on Canadians in 2016. According to Catastrophe Indices and Quantification (CatIQ), insured damage for 2016 topped $4.9 billion – smashing the previous annual record of [...]

By |January 12th, 2017|Categories: News|Tags: , , , |

Canada could be heading towards decades of deficits, federal analysis warns – The Ottawa Citizen – 05/01/2017

Federal numbers released quietly by the Trudeau government late last month are painting a bleak picture of Canada's financial future — one filled with decades of deficits. The report, published on the Finance Department website two days before Christmas, predicts that, barring any policy changes, the federal government could be on track to run annual [...]

By |January 12th, 2017|Categories: News|Tags: , , , |

Canada’s pipeline plans run afoul of its climate goals – The Journal – 27/12/2016

Environmentalists on both sides of the border are gauging Canada’s commitment to the Paris Agreement.

Source:  The Journal, 2016/12/27

By |January 5th, 2017|Categories: News|Tags: , , , |

The coal phase-out, an old chestnut or an ongoing reality

Finland could become on December 25th, the first country to ditch coal-fired power plants for good. “Giving up coal is the only way to reach international climate goals”, said the Olli Rehn, Minister for Economic Affairs. Three days ago, Canada itself had announced a plan to phase out the use of coal-fired electricity, with the [...]

By |November 24th, 2016|Categories: Analyst's Insight|Tags: , , , , , |

Canada’s energy sector braces for rising threat from activists – The Globe and Mail – 13/11/2016

Canadian security experts are increasing their vigilance against activists’ threats to the country’s energy infrastructure, as civil-liberties advocates worry about the use of improper surveillance on peaceful opponents to major projects.

Source:  The Globe and Mail, 2016/11/13

By |November 17th, 2016|Categories: News|Tags: , , , |

Canada gives $3.3bn subsidies to fossil fuel producers despite climate pledge – The Guardian – 15/11/2016

Government subsidy to gas and oil companies undermine Trudeau’s plan to put national price on carbon dioxide by 2018, environmental report warned

Source:  The Guardian, 2016/11/15

By |November 17th, 2016|Categories: News|Tags: , , , , |

Canada not ready for climate change, report warns – The Globe and Mail – 30/10/2016

Canada is ill-prepared for the increased flooding and extreme weather that will occur under climate change, and needs to act now or face much higher costs to fix damaged buildings and infrastructure in the future, a new report warns.

Source:  The Globe and Mail, 2016/10/30

By |November 3rd, 2016|Categories: News|Tags: , , |

Canada energy companies, police scramble to protect pipelines – Reuters – 15/10/2016

Canadian energy companies and officials share intelligence, scour social media and send up surveillance drones but even so they say preventing a disruption to the country's vast pipeline network is near impossible and each side wants the other to do more. This week, five oil pipelines carrying Canadian crude were halted in the United States [...]

By |October 20th, 2016|Categories: News|Tags: , , |

Canada plans CA$50/ton carbon tax by 2022 to meet climate goals – Utility Dive – 04/10/2016

Canada's Prime Minister Justin Trudeau announced yesterday that the national government would impose a price of $10 in Canadian dollars ($7.60US) per ton of carbon emissions in 2018, rising to CA$50/ton in 2022. At the time of this article, Canadian dollars traded $0.76 per U.S. dollar.

Source:  Utility Dive, 2016/10/04

By |October 6th, 2016|Categories: News|Tags: , , , |