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Alberta

“Cheer up, things could be worse.” So, we cheered up. Things got worse.

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In healthier times for athletes and athletics, there were several tried-and-true methods of creating a debate likely to create serious response from all sides: which of the major professional leagues is best?

The question has special impact now, as hoopsters, skaters, gridders and ballplayers — joined by governments and team bosses — seek the best way to survive the anguish caused by COVID-19 and restore stability for all teams, all sports and all the fans who care about them.

All are staggering these days.

In the pandemic’s early chapters, the mantra became familiar: “Cheer up, things could be worse.” So, we cheered up. Things got worse.

The NHL fights the coronavirus by limiting information. Baseball players and owners pick this time to enter wrist-twisting events that probably will have no long-term effect. Football operators dig themselves into and out of political crisis on a daily basis.

The National Basketball Association, somehow, has found its way past such errors. Their  decision to let players put political opinions on game jerseys was thoroughly questioned but has received more praise than criticism.

Recently, in Canada, there was evidence that the National Basketball Association had a substantial edge in popularity and support, thanks almost totally to the 2020 success of the Toronto Raptors. Even the casual fan recalls the wild response generated, east to west and all points in between, by the shocking championship run created largely on the brilliance of Kawhi Leonard and the incredible effort generated by his teammates, night after night.

Never in recent history has competition in the National Hockey League, Major League Baseball or National Football League prompted bursts of wild, day-to-day support to equal the attention the Raptors attained in each playoff series leading to the ultimate victory. From a league-wide perspective, the excellence in which the NBA conducted all those games was remarkable.

Sure, the Edmonton Oilers had massive appeal when they dominated Stanley Cup races, year after year, in the heyday of Wayne Gretzky, Mark Messier and their partners who marched almost as a unit into the Hockey Hall of Fame. At other times, the Montreal Canadiens and Toronto Maple Leafs (believe it or not!) also reached that level, or came close to it. But the NHL has struggled — still struggles, in fact — to be recognized across the world as equal to basketball, baseball or football.

No doubt, the Toronto Blue Jays’ World Series successes in 1992 and 1993 are near the top in any ranking of this nation’s largest sports moments but MLB has done a lousy job of attracting Black players and getting young fans interested in their game.

Perhaps the NFL has made more errors than all the others combined. Their owners alternate between bowing to political pressure and actively defying political reality. Ignoring the tragic used-to-be “Redskins” story is an error that could emerge, perhaps for decades, as the biggest failure of all.

https://www.todayville.com/edmonton/author/johnshort/

 

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Alberta

Big win for Alberta and Canada: Statement from Premier Smith

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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

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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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