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Cost overruns at the North West Redwater Partnership’s Sturgeon refinery are back in the news. The Government of Alberta has confirmed that capital costs are now estimated at $9.3 billion, about a billion more than the last estimate in 2014. And that estimate was $2 billion higher than the 2011 estimate of $6.5 billion. It […]

Desjardins has announced the temporary suspension of lending for pipeline projects, including Kinder Morgan’s Trans Mountain pipeline. If the decision becomes permanent, Desjardins might not fund other Canadian pipeline projects such as Enbridge’s Line 3 and TransCanada’s Keystone XL and Energy East. Canadian lender Desjardins may stop pipeline loans Michal Moore, senior research fellow with the University of Calgary’s School of Public Policy, spoke […]

If Prime Minister Justin Trudeau wants to leave a lasting positive legacy that will be remembered by Canadians for all time he’ll need to do more than legalize marijuana, hike taxes and run record deficits. That’s why Trudeau would be wise to heed the recommendations of a Senate committee report born from research originating at […]

Research from the University of Calgary’s School of Public Policy suggests there’s a connection between domestic violence and certain sporting events and holidays. The study found domestic violence calls in Calgary were up 15 per cent on some days in the latter half of the 10-day Calgary Stampede compared with an average day. For professional […]

Alberta’s financial footing has taken another hit, this time by credit rating agency Standard & Poor’s. S&P reported Friday it was lowering the province’s rating by two notches from AA to A+, citing budgetary performance deterioration, growing debt and depending on oil prices to rebound. “Our expectation is that this will lead to further rapid […]

A report looking at how to modernize the National Energy Board (NEB) is calling for a complete overhaul, suggesting that it be replaced with two new agencies and its leadership moved from Calgary to Ottawa. A five-member expert panel was appointed last fall to look at the structure, role and mandate of Canada’s national energy […]