Entries tagged with
oil & gas
The way out of oil revenue dependency is clear: increase royalties and replace oil and gas dollars with tax dollars. The numbers add up, and the impact on the long-term well-being, economic stability, and viability of Alberta would be huge. The only thing missing is a government with the courage and political will to make it happen.
For good reason, China’s election interference has sparked outrage in Canada. But China’s ability to sway a broad spectrum of Canadian voters is far weaker than the Canadian Association of Petroleum Producer’s (CAPP) foreign-funded political interference. Most oil and gas companies in Canada are foreign-owned and funded, and they use a loophole to fund election activities. This loophole must be closed.
Job Creation or Job Loss?
Big Companies Use Tax Cut to Automate Away Jobs in the Oil Sands
This report explains how the four biggest oil sands companies received $4.3 billion in tax cuts from the UCP government since 2019 through the so-called “Job Creation Tax Cut,” while at the same time eliminating thousands of employees from their payrolls. The research shows the Big Four used the tax giveaway to increase executives’ pay and boost cash transfers to shareholders, while accelerating automation and cutting jobs.
Knowledge for an Ecologically Sustainable Future?
Innovation Policy and Alberta Universities
This report traces funding from governmental and corporate sources over 20 years to document which areas of energy and environmental research have been prioritized in Alberta’s research universities.
On March 31 Premier Jason Kenney announced that the Government of Alberta will invest $1.5 billion and provide an additional $6 billion loan guarantee to facilitate the construction of the Keystone XL pipeline. Research manager Ian Hussey looks at the deal to determine just who benefits from this investment and in what measure.
Alberta Premier Jason Kenney has suggested that the federal government should bail out oil and gas companies in response to the COVID-19 crisis and the Saudi-Russian price war. In this blog researcher Ian Hussey explains why that would be a bad idea.
The Future of Alberta's Oil Sands Industry
More Production, Less Capital, Fewer Jobs
This report explores the employment, capital spending, and operational spending implications of the ongoing restructuring and consolidation of the Canadian oil sands industry.
This report aims to help address knowledge gaps about the lived experiences of Indigenous working families in the oil industry and how working conditions impact families and gender relations by presenting a case study of the oil-dependent community of Wabasca.