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Alberta

“Excessive Risk Aversion” Red Deer South MLA calls for less fear and more freedom and hope in the battle against COVID19

Published

4 years ago

3 minute read

A message from Red Deer South MLA Jason Stephan

This week I stood in the Alberta Legislature making a Member Statement sharing the sentiments of many constituents in Red Deer which I share.

Lockdowns and shutdowns destroy livelihoods, undermining long term mental and emotional health. Young adults and our children, generally at lower risk from COVID, can be particularly vulnerable, and need to see less fear and excessive risk aversion and more freedom and hope.

The statement:

Please find attached the full text of the Member Statement with the references to the Speaker removed. The video of the member statement is available here:

I am blessed to be the father of two adult sons and a teenage daughter who I love.

Like many parents, I am concerned about the impact health orders are having on the mental health of our children.

I feel job watching my sons become independent of their parents, to seek happiness as the individually see fit.

Yet, like many parents, I see the work and effort of young adults threatened by calls for lockdowns with devastating economic consequences.

This ought not to be.  Some of the loudest voices calling for lockdowns, will not lose a penny of pay, while those impacted may lose it all.

COVID should be respected; but children are low risk – not a single school age child has died from COVID in Alberta.  Yet, there is excessive risk aversion – a single positive COVID case in a high school should not result in 118 other students sent home to isolate, just because they were in the same class, notwithstanding physical distancing is respected, with good health and no symptoms.

School sports, colleges and universities are too shut down.

There is excessive risk aversion and fear – with negative long-term health impacts for children and young adults at low risk from COVID.

There needs to be a principled vision of hope.

The WHO defines health as a state of complete physical, mental and social well-being, and not merely the absence of disease or infirmity.

Orders, lockdowns and shutdowns are not healthy – imposing long term physical, mental and social health costs, especially on our children.

Click this link to see this statement as it was made in the Alberta Legislature: https://www.facebook.com/JasonStephanMLA/videos/137607104371116/

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Alberta

Big win for Alberta and Canada: Statement from Premier Smith

Published on April 2, 2025

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Premier Danielle Smith issued the following statement on the April 2, 2025 U.S. tariff announcement:

“Today was an important win for Canada and Alberta, as it appears the United States has decided to uphold the majority of the free trade agreement (CUSMA) between our two nations. It also appears this will continue to be the case until after the Canadian federal election has concluded and the newly elected Canadian government is able to renegotiate CUSMA with the U.S. administration.

“This is precisely what I have been advocating for from the U.S. administration for months.

“It means that the majority of goods sold into the United States from Canada will have no tariffs applied to them, including zero per cent tariffs on energy, minerals, agricultural products, uranium, seafood, potash and host of other Canadian goods.

“There is still work to be done, of course. Unfortunately, tariffs previously announced by the United States on Canadian automobiles, steel and aluminum have not been removed. The efforts of premiers and the federal government should therefore shift towards removing or significantly reducing these remaining tariffs as we go forward and ensuring affected workers across Canada are generously supported until the situation is resolved.

“I again call on all involved in our national advocacy efforts to focus on diplomacy and persuasion while avoiding unnecessary escalation. Clearly, this strategy has been the most effective to this point.

“As it appears the worst of this tariff dispute is behind us (though there is still work to be done), it is my sincere hope that we, as Canadians, can abandon the disastrous policies that have made Canada vulnerable to and overly dependent on the United States, fast-track national resource corridors, get out of the way of provincial resource development and turn our country into an independent economic juggernaut and energy superpower.”

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Alberta

Energy sector will fuel Alberta economy and Canada’s exports for many years to come

Published on April 2, 2025

By

From the Fraser Institute

By Jock Finlayson

By any measure, Alberta is an energy powerhouse—within Canada, but also on a global scale. In 2023, it produced 85 per cent of Canada’s oil and three-fifths of the country’s natural gas. Most of Canada’s oil reserves are in Alberta, along with a majority of natural gas reserves. Alberta is the beating heart of the Canadian energy economy. And energy, in turn, accounts for one-quarter of Canada’s international exports.

Consider some key facts about the province’s energy landscape, as noted in the Alberta Energy Regulator’s (AER) 2023 annual report. Oil and natural gas production continued to rise (on a volume basis) in 2023, on the heels of steady increases over the preceding half decade. However, the dollar value of Alberta’s oil and gas production fell in 2023, as the surging prices recorded in 2022 following Russia’s invasion of Ukraine retreated. Capital spending in the province’s energy sector reached $30 billion in 2023, making it the leading driver of private-sector investment. And completion of the Trans Mountain pipeline expansion project has opened new offshore export avenues for Canada’s oil industry and should boost Alberta’s energy production and exports going forward.

In a world striving to address climate change, Alberta’s hydrocarbon-heavy energy sector faces challenges. At some point, the world may start to consume less oil and, later, less natural gas (in absolute terms). But such “peak” consumption hasn’t arrived yet, nor does it appear imminent. While the demand for certain refined petroleum products is trending down in some advanced economies, particularly in Europe, we should take a broader global perspective when assessing energy demand and supply trends.

Looking at the worldwide picture, Goldman Sachs’ 2024 global energy forecast predicts that “oil usage will increase through 2034” thanks to strong demand in emerging markets and growing production of petrochemicals that depend on oil as the principal feedstock. Global demand for natural gas (including LNG) will also continue to increase, particularly since natural gas is the least carbon-intensive fossil fuel and more of it is being traded in the form of liquefied natural gas (LNG).

Against this backdrop, there are reasons to be optimistic about the prospects for Alberta’s energy sector, particularly if the federal government dials back some of the economically destructive energy and climate policies adopted by the last government. According to the AER’s “base case” forecast, overall energy output will expand over the next 10 years. Oilsands output is projected to grow modestly; natural gas production will also rise, in part due to greater demand for Alberta’s upstream gas from LNG operators in British Columbia.

The AER’s forecast also points to a positive trajectory for capital spending across the province’s energy sector. The agency sees annual investment rising from almost $30 billion to $40 billion by 2033. Most of this takes place in the oil and gas industry, but “emerging” energy resources and projects aimed at climate mitigation are expected to represent a bigger slice of energy-related capital spending going forward.

Like many other oil and gas producing jurisdictions, Alberta must navigate the bumpy journey to a lower-carbon future. But the world is set to remain dependent on fossil fuels for decades to come. This suggests the energy sector will continue to underpin not only the Alberta economy but also Canada’s export portfolio for the foreseeable future.

Jock Finlayson

Senior Fellow, Fraser Institute
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