Elizabeth May is wrong about oil and gas via fpcomment
In her May 19 comment responding to John Ivison, Elizabeth May attempts to reinforce her previous claims that investment in Canada’s oil industry is not worthwhile but investment in renewables is. Among other things, she argues that Canada’s oil industry makes only a small contribution to government revenues — though she does so by focusing on revenues generated in the years since 2015, when oil prices declined.
Ms. May notes that in recent years investment dollars have left the Canadian oil and gas industry so that the industry currently finds itself in difficult financial circumstances. But she fails to mention why the industry has fallen on hard times. Over the past three years, federal government decisions encouraged by environmental organizations like the one Ms. May leads were responsible for the loss of $32.
It is not mainly the market that has harmed the oil and gas industry. It is Canada’s own citizens, including Ms. May and her followers To be sure, declining international crude prices have also reduced the funds available for investment in the Canadian industry. But investment has increased sharply elsewhere — the U.S., for instance — even as it has declined in Canada. It is not mainly the market that has harmed the oil and gas industry. It is Canada’s own citizens, including Ms. May and her followers.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
'Game 6: The Movie' on Bulls-Jazz finale to air on Sportsnet May 24 - Sportsnet.caOn Sunday, May 24, fans can tune into Sportsnet to watch Game 6: The Movie, a two-and-a-half hour cinematic production of the 1997 Bulls' championship-clinching win over the Jazz.
Read more »
ActiveTO returns for May 23-24 weekendNumerous stretches of roadway near the city’s waterfront and the Don Valley will be closed to vehicle traffic this weekend as part of an ongoing effort to get people outside in a safe way.
Read more »
House Of Commons May Resume Under UK-Style ‘Hybrid’ Model, PM SuggestsThe proposal, promoted by the NDP and Conservatives, would see some MPs in the chamber while others participate virtually.
Read more »
These jobs may be most in-demand in a post-pandemic CanadaAs society reopens and employers return to hiring, not every sector will bounce back in the same way. CTVNews.ca looks at which jobs might be the most in-demand in a post-pandemic Canada.
Read more »
May 22 Politics in the time of a pandemic - Audio Webcast Registration
Read more »