The Facts

Commentary: Europe’s oil from tyrannies and autocracies: 3.1 trillion Euros worth since 2005

Commentary: Europe’s oil from tyrannies and autocracies: 3.1 trillion Euros worth since 2005

One of the more bizarre developments in Europe in recent years has been the twin policy path whereby fossil fuels are discouraged in favour of wind and solar, but deals are yet struck with autocracies such as Russia to import more fossil fuel via pipelines.
WATCH: CEC’s Mark Milke on EU imports of foreign oil from tyrannies and autocracies

WATCH: CEC’s Mark Milke on EU imports of foreign oil from tyrannies and autocracies

Canadian Energy Centre Executive Director of Research Mark Milke joined Business Insider host Mario Toneguzzi to discuss the reliance of European Union nations on imported oil from countries with poor civil rights records like Russia and Saudi Arabia.
Commentary: Guess where Canada’s $488 billion in foreign oil came from?

Commentary: Guess where Canada’s $488 billion in foreign oil came from?

In one of the great ironies of modern Canadian life, a country with plentiful oil reserves has imported $488 billion in foreign oil since 1988. This is so despite the presence of the one of the world’s largest oil reserves from Newfoundland to British Columbia (their offshore reserves) to onshore deposits on the prairies.
What our American neighbours (and Canadians) gain from oil and natural gas

What our American neighbours (and Canadians) gain from oil and natural gas

One critical problem for political and business leaders alike is to try and get people to think outside their own local “box.”  While most people might well prefer a local restaurant or coffee shop to a national chain, international trade is the very reason why a Canadian restaurant can offer vegetables in winter, from Mexico, for example: because they’re fresh and cheaper, as greenhouse vegetables for all Canadians for six months a year would be exorbitant in price.
Commentary: What helps pay for your family allowance and child benefits – oil and gas taxes

Commentary: What helps pay for your family allowance and child benefits – oil and gas taxes

Between 1969 and 2019, Canadian parents received $499 billion in family allowance payments and children’s benefits from the federal government. That 50-year cost was matched almost exactly by $505 billion in revenues to governments from the oil and gas sector. That included everything from oil and natural gas royalties to corporate and personal income taxes (from those in the oil and gas sector) to property taxes, except that such taxpayer cash was collected over just 20 years, between 2000 and 2019.
Drive a Ford F-150? You will pay over $1,150 in just carbon taxes in 2030

Drive a Ford F-150? You will pay over $1,150 in just carbon taxes in 2030

With the exception of a few blessed spots in southern Ontario and southern British Columbia, Canada is a cold northern country. That means that for six months of the year or more, snow can pile up on streets, highways, your driveway, and condominium and apartment exit ramps. And if one takes a trip beyond urban Canada any time of the year, it sometimes helps to have a sturdy vehicle that manoeuvres well on mountain roads in case of a late or early-season snowfall.