Workers at the Sunrise oil sands project in northern Alberta. Photo courtesy BP
Calls to slow down or shut down Canada’s oil and gas industry do not consider the substantial benefits it provides to Canadians and to the world.
Fact: Oil and gas development is good for Canadians
Oil and gas delivers economic and social prosperity for Canadians including jobs, government revenues that help pay for roads, hospitals and schools, and substantial investment in community programs. And it’s not just in the major producing provinces – it’s across the country.
The oil and gas sector directly and indirectly employed approximately 550,000 Canadians in 2019, according to Natural Resources Canada. This includes jobs related to production as well as in the industry’s supply chain, which stretches from coast to coast.
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A pair of Indigenous land defenders locked themselves to equipment at a fossil fuel pumping station in British Columbia on Saturday, vowing to continue resisting a government-owned oil pipeline that is harming the climate, the environment, and First Nations peoples whose unceded lands it traverses.
The pipeline protesters self-described on social media as “accomplices” of the Braided Warriors and Tiny House Warriors locked themselves to a crane at Trans Mountain Corporation’s Blue River pumping station.
The Trans Mountain Pipeline which is owned by the Canadian government through subsidiary Trans Mountain Corporation carries crude oil from the tar sands of Alberta to the British Columbian coast. It is widely considered the world’s dirtiest oil.
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EDMONTON A new study from researchers at British Columbia s Simon Fraser University says growing construction costs and increasingly green regulations will result in a nearly $12 billion dollar loss on the Trans Mountain pipeline expansion. Authors of the report from SFU s School of Resource and Environmental Management say they couldn t find a scenario where the pipeline creates a net benefit. The net cost ranged from anywhere from about $4.2 billion to just over $18 billion, said report co-author Thomas Gunton who argues that money could have been better spent elsewhere. Use those funds to invest in things more productively - like in Alberta things like hydrogen development [and] create long-term sustainable development in the new economy.