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Alberta

Did you win? Cash and Cars Lottery winners released today.

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The names of all prize winners will be listed on the Cash and Cars Lottery website at cashandcarslottery.ca beginning today.

Cash and Cars Lottery Draws

Alberta (October 22, 2019)- “It’s donating with a chance to win, so it’s a win-win”.

That’s how Lawrence Chang of Leduc described his win when told his lucky ticket number 700737009 had just won him the Alberta Cancer Foundation You Win 50 draw. His half was $900,000 cash.

Anica Hicks of Calgary had a similar comment when told that she had just won the third grand prize in the Alberta Cancer Foundation Cash and Cars Lottery. She had the choice of a $270,000 annuity of $4,500 a month for 60 months or $250,000 cash. She decided to take the $250,000 cash.

“It’s important to give back to charity, so we buy tickets for all the lotteries,” she said. Her winning ticket number was 302164004.

Winners for the Cash and Cars Lottery 2,675 prizes worth $3.8 million and the You Win 50 were drawn in Calgary today.

A lucky Edmonton man won the lottery’s first grand prize package that includes a Kimberley Homes furnished show home in Edmonton, a 2019 Honda Civic Hatch Sport CVT and $10,000 cash. Joseph Andrews was holding ticket number 106617001. His prize is worth more than $1 million.

 

A Brooks man is now the recipient of the lottery’s second grand prize package in Calgary. Lyle Conners now owns a Truman furnished Brownstone in Calgary’s University District, a 2019 Honda CRV LX AWD and $10,000 cash, all worth a total of more than $800,000.  Mr. Connors was holding lucky ticket number 207280001.

The annual lottery supports the Alberta Cancer Foundation, which is the official fundraising partner for all 17 Alberta Health Services cancer centres in the province, including the Tom Baker Cancer Centre in Calgary and the Cross Cancer Institute in Edmonton. Funds raised from the lottery allow the Alberta Cancer Foundation to strategically invest in breakthrough cancer research, clinical trials and enhanced care initiatives at all cancer centres in the province. The lottery makes life better for Albertans and their families facing cancer.

Other major lottery winners are:

  • 2019 BMW X3 xDrive 30i -JUNE OLESKY of Calgary Ticket #205511002
  • 2019 Infinity QX60 -CORI WILLIAMS of Spruce Grove Ticket #402203003
  • 2019 Ram 1500 Tradesman Crew Cab 4X4 -GARRY HOLMEN of Bentley Ticket #400284009 (Garry and Denise have been buying a ticket every year since 2007. She is a cancer survivor).
  • 2019 Hyundai Santa Fe Ultimate 2.0T AWD-DAVID MCGARRY of Redcliff Ticket #102898001
  • 2019 Mini Cooper Countryman All4-RYAN AND JACKIE GARDNER of Peace River Ticket #111805001
  • 2019 Toyota RAV4 XLE-BRIAN AHORNER of Airdrie Ticket #400374008 (He says he buys tickets every year to help the foundation. He has family members who passed away with cancer.)
  • 2019 Acura ILX Premium -CAROL BEAUPRE of Edmonton Ticket #303020002 (She says she always buys tickets to support the foundation and says she knows a number of people impacted by cancer, including her mother. She said she was thrilled to win. It made her year.)

The names of all prize winners will be listed on the Cash and Cars Lottery website at cashandcarslottery.ca beginning today.

 

 

 

 

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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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Alberta

The beauty of economic corridors: Inside Alberta’s work to link products with new markets

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From the Canadian Energy Centre

Q&A with Devin Dreeshen, Minister of Transport and Economic Corridors

Devin Dreeshen, Alberta’s Minister of Transportation
and Economic Corridors.

CEC: How have recent developments impacted Alberta’s ability to expand trade routes and access new markets for energy and natural resources?

Dreeshen: With the U.S. trade dispute going on right now, it’s great to see that other provinces and the federal government are taking an interest in our east, west and northern trade routes, something that we in Alberta have been advocating for a long time.

We signed agreements with Saskatchewan and Manitoba to have an economic corridor to stretch across the prairies, as well as a recent agreement with the Northwest Territories to go north. With the leadership of Premier Danielle Smith, she’s been working on a BC, prairie and three northern territories economic corridor agreement with pretty much the entire western and northern block of Canada.

There has been a tremendous amount of work trying to get Alberta products to market and to make sure we can build big projects in Canada again.

CEC: Which infrastructure projects, whether pipeline, rail or port expansions, do you see as the most viable for improving Alberta’s global market access?

Dreeshen: We look at everything. Obviously, pipelines are the safest way to transport oil and gas, but also rail is part of the mix of getting over four million barrels per day to markets around the world.

The beauty of economic corridors is that it’s a swath of land that can have any type of utility in it, whether it be a roadway, railway, pipeline or a utility line. When you have all the environmental permits that are approved in a timely manner, and you have that designated swath of land, it politically de-risks any type of project.

CEC: A key focus of your ministry has been expanding trade corridors, including an agreement with Saskatchewan and Manitoba to explore access to Hudson’s Bay. Is there any interest from industry in developing this corridor further?

Dreeshen: There’s been lots of talk [about] Hudson Bay, a trade corridor with rail and port access. We’ve seen some improvements to go to Churchill, but also an interest in the Nelson River.

We’re starting to see more confidence in the private sector and industry wanting to build these projects. It’s great that governments can get together and work on a common goal to build things here in Canada.

CEC: What is your vision for Alberta’s future as a leader in global trade, and how do economic corridors fit into that strategy?

Dreeshen: Premier Smith has talked about C-69 being repealed by the federal government [and] the reversal of the West Coast tanker ban, which targets Alberta energy going west out of the Pacific.

There’s a lot of work that needs to be done on the federal side. Alberta has been doing a lot of the heavy lifting when it comes to economic corridors.

We’ve asked the federal government if they could develop an economic corridor agency. We want to make sure that the federal government can come to the table, work with provinces [and] work with First Nations across this country to make sure that we can see these projects being built again here in Canada.

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