There is a better way
Part 3 of the series on how Canada was unprepared for the drop in oil prices.
oil and gas
Over-dependence on oil sector was avoidable
Part 2 of the series on how Canada was unprepared for the drop in oil prices.
The consequences of over-reliance on oil
Part I of the series on how Canada was unprepared for the drop in oil prices.
Reliance on oil means unnecessary pain
Summary of three-part series of article CMIS will be posting on how Canada could have avoided the problems caused by the drop in oil prices.
Crown corporation project encourages economic development
Newfoundland and Labrador crown corporation Nalcor Energy's mapping project is a small example of how some governments are questioning the assumption that all governments can do to encourage economic development is hand out tax breaks.
Canada's reliance on energy sector increasing
September trade figures confirm that Canada is increasingly dependent on oil and gas. While the trade deficit was down, it was only because of a 22.9% increase in oil and gas exports in the last year. Without that, Canada's trade deficit would have increased.
A recent Huffington Post article pointed out that the recent increase is part of a long term trend.
Fraser Institute praise of Norway's management of oil revenues misses key points
The Fraser Institute is right to praise Norway's management of it's oil revenues.
Even though Norway's petroleum fund was created 20 years after the Alberta Heritage Savings Fund, it is 41 times the size. It has $664 billion in assets and is growing rapidly. In contrast, the Alberta Heritage Savings Fund has only $16 billion.
