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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.
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.
More Production, Less Capital, Fewer Jobs
Parkland Institute executive director Ricardo Acuña asks seven questions about the Alberta government's plan to mandate production cuts in response to the oil price differential.
Corporate Restructuring in the Alberta Oil Sands
This op-ed by Parkland Institute research manager Ian Hussey appeared in The Tyee on February 15, 2018.
Do claims by the Alberta government that the Trans Mountain pipeline would generate $18.5 billion for “roads, schools, and hospitals,” 15,000 jobs during construction, and 37,000 jobs per year stand up to scrutiny?
Response by oil sands majors falling far short of Paris Agreement targets
The five largest producers in the Alberta oil sands are failing to take meaningful action in line with the targets Canada has agreed to under the Paris Agreement on climate change, creating billions of dollars in economic and environmental risk in a world increasingly recognizing the need to transition away from fossil fuels.