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JUST RELEASED: A Healthy Environment and a Healthy Economy 2.0

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A Healthy Environment and a Healthy Economy 2.0
It is the government’s responsibility to implement policies that protect the following:
 
1. Its citizens, their lives and their freedoms.
2. The economy in a manner that benefits that majority of its citizens, without mortgaging the wealth of future generations in favour of short-term gain or votes.
3. The environment in a manner that preserves the country for future generations without impeding, in any material way, the points listed above.
 
Canada is a global leader in clean technology and adheres to some of the highest environmental regulations in the world. We need to continue to build upon this expertise and deliver solutions to global problems.
 
Protecting the environment is a global issue. Banning tankers on the west coast of Canada or forcing domestic energy projects to comply with crippling regulatory requirements does nothing to change emissions in countries such as China or India. If we choose to ignore what happens beyond our borders we are doing a disservice to not only ourselves but to the world.
 
Moving forward, government must end ideological policies that alienate millions of Canadians, destroy tens of thousands of jobs and crush our economy. Canada can continue being a global leader of ethical, socially, and environmentally sourced energy. It is through our natural resources and the development of value-added products that Canadians can continue to enjoy a high standard of living. It is through cost-effective energy production that the world will continue to prosper.
 
Energy and environment have co-existed for years. It will continue to do so in the future. Instead of putting our energy industry on the sidelines, we must embrace all that it is capable of doing for us. Passive houses, small nuclear reactors, liquefied natural gas and other advanced technologies would not be possible without Canada’s energy industry and are immediate and proven environmental solutions.
 
ECCC proposes a plan rooted in crony capitalism, wealth distribution, higher energy prices and stifling regulation. The alternatives outlined in A Healthy Environment and a Healthy Economy 2.0 provide realistic free market options that will not only protect the environment, but create a prosperous future for all Canadians.
 
When considering which options are be best suited for Canadians going forward, consider the following. The Government of Canada has added significant power, spent hundreds of billions of dollars and regulated nearly everything over the past year and a half in relation to the COVID-19 pandemic. Have you been impressed with the results? If not, why would you expect ECCC’s plans for the economy and environment post-pandemic, to be any different?
 
Click the link below for the complete document.
 

I have recently made the decision to seek nomination as a candidate in the federal electoral district of Red Deer - Mountain View. As a Chartered Professional Accountant (CPA), I directly see the negative impacts of government policy on business owners and most notably, their families. This has never been more evident than in 2020. Through a common sense focus and a passion for bringing people together on common ground, I will work to help bring prosperity to the riding of Red Deer – Mountain View and Canada. I am hoping to be able to share my election campaign with your viewers/readers. Feel free to touch base with me at the email listed below or at jaredpilon.com. Thanks.

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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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