Voices "The Clean Energy Dialogue... provides the opportunity to discuss the oilsands in the context of continental supply and demand. It provides an opportunity to discuss how the oilsands might contribute to energy security, and to place the environmental impact of the oilsands among other energy sources."
-Dr. Roger Gibbins, Canada West Foundation, Calgary Herald, March 22, 2009. Read more here. |
Perspectives: The Economy and Climate Change
Western Canada’s energy sector: the suspense is killing us
The Institute for Research on Public Policy
March, 2009
Uncertainty has hit Alberta’s energy sector in a number of ways, and the implications for Canada’s economy are profound.
Canada's Greenhouse gas emissions pricing
C.D. Howe Institute
If serious action is to be taken to reduce greenhouse gas emissions in Canada, a price must be applied to emissions. A new report considers how Canada’s climate policy would coexist with the rest of the world.
Prospects for a new green economy
The Fraser Institute
March, 2009
The Canadian government’s 2009 budget allocated $1 billion over the next five years to the Green Infrastructure Fund, while elsewhere there is talk of new "green jobs." These kinds of plans may be popular with some voters, but do they reflect sound economic policy?
A shift in Alberta's investment
The Parkland Institute
March 9, 2009
Alberta Energy Minister Mel Knight recently announced the government would reduce royalty rates and introduce royalty credits for oil companies embarking on new drilling projects over the next year. Researchers from the Parkland Institute at the University of Alberta question whether investing $5 billion in the oil and gas sector is the best way to encourage investment and create new jobs in Alberta.
In The NewsResearch In Motion leads wave of tech sector hires
The Canadian Press
March 11, 2009
BlackBerry-maker Research in Motion is ushering in thousands of new employees this year, hoping to gain an edge over its competitors by hiring tech gurus laid off by others in slower parts of the technology sector. The Waterloo, Ont.-based company has emerged as one of the rare Canadian companies actually growing operations during the economic downturn.
Canada ranks third best country for business
Financial Post
March 20, 2009
Canada is up four spots to No. 3 in Forbes' best countries for business ranking. Topping the list is Denmark with the No. 1 spot for the second straight year. The U.S. is up two spots to No. 2.
Suncor acquisition protects a Canadian identity in oil sands
New York Times
March 23, 2009
This month, Suncor Energy confirmed that it would acquire Petro-Canada, forming a company with a combined market capitalization of about 43 billion Canadian dollars. Suncor pioneered the development of Alberta’s oil sands, which has made Canada the largest source of imported oil for the U.S.
Tax treaty changes good for trade
Financial Post
March 18, 2009
The fact that the 2007 protocol to the Canada-U. S. tax treaty came into force in late December, 2008, may not seem to mean much. But for just about anyone involved in cross-border commercial transactions - Canada and the U.S. do about $600-billion in trade annually - it means a great deal.
InnovationC02 Solutions Inc.
CO2 Solution Inc. has developed a bio-technological platform for the efficient capture of carbon dioxide (CO2) from power plants and other large stationary sources of emission. The Company is commercializing its technology for coal fired power generation, the oil sands and other CO2-intensive industries where a low-cost capture solution is key to meeting climate change legislation in a cost effective manner.
Publications
The impact of recessions in the U.S. on Canada
Statistics Canada
Recessions in the U.S. have been accompanied by a wide range of outcomes in Canada. Statistics Canada's flagship publication for economic statistics reviews some of the linkages between the two countries, as well as what defines a recession and other determinants of its severity.
Blog
Economy vs. Environment
"Not to suggest this is zero-sum game, in which there is only one winner and one loser, however, given the nature of our economy and over-reliance on fossil fuels, certain economic and political factors will hinder our ability to aggressively pursue stricter environmental policies. A hard reality that will need to be addressed at a time when more people will view environmental policies as a luxury item."
-MaRS Blog (Toronto, ON)
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March 2009
Multimedia
When to Expect an Economic Recovery
The Globe and Mail’s Jeffrey Simpson chairs a panel with Doug McArthur, Jodi White and John Manley, discussing Prime Minister Harper's economic message and assessing Canada’s economic outlook.
Listen here.
People
Dr. Robert McFadden, CEO and co-founder of Mobile Detect Inc.
In the wake of 9/11 Dr. McFadden originated two innovative radiological counter-terrorism security system developments. Find out more about his company here.
State Trade Fact Sheet
Rhode Island: The Ocean State
In 2007, Canada was Rhode Island’s most important foreign trading partner, purchasing 32% of the state’s worldwide exports. In fact, the Ocean State exported more to its northern NAFTA partner than to its next eight international destinations combined, including the United Kingdom, Germany, Mexico and China. The state sold $481 million in merchandise goods to Canada, and imported $771 million worth.
The Monitor
The Monitor is a concise and insightful look at the U.S.-Canada business and economic relationship. This collection of news articles, scholarship and thoughts from leading economists, journalists, academics and members of the business community is meant to provide you with an overview of the various perspectives on the dynamic and interconnected nature of the U.S.-Canada economic relationship. Each month we focus on a core subject of importance to both economies; this month features a spotlight on the economy in relation to climate change.
We welcome your feedback and hope to highlight some of your comments each month. Write to us and tell us what you think at: connect2canada@
canadianembassy.org
Regards,
The Monitor Staff
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