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Thread: Jason Kenney and the UCP Performance - first year of power

  1. #1401
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    Affordable, accessible post-secondary education should be part and parcel of the "Alberta advantage", and not just sidelined to the elite. These moves -- not to mention the elimination of tuition tax credits, btw! -- are steps backward.
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  2. #1402

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    Quote Originally Posted by kkozoriz View Post
    Scheer lied his face off on numerous occasions, didn't release his full platform until the Friday evening after the debates and just before the vote. And even with all that, 2/3 of the country didn't vote Conservative but did vote for parties that had actual environmental policies like a Carbon Tax.

    And if anyone brought Trudeau to a minority, it was Trudeau himself. And even with his self inflicted wounds, Scheer still couldn't win.
    Scheer dithered for about a year on a climate action plan and then just a few months before the election released a glossy document full of vague platitudes than seemed to be a climate non action plan. Then he held off releasing a fully costed platform until just before voting, presumably to delay showing what he would cut.

  3. #1403

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    Quote Originally Posted by ThomasH View Post
    Apparently there is a Provincial Prayer Breakfast being held on November 25. It appears to be a religious fundraiser, what is the money going towards?
    https://www.facebook.com/provchristianprayerbreakfast/

    Why are we having such events, isn't there supposed to be a separation between church and state?

    His religious slant is the number one thing that I hate about Jason Kenney, the other being UCP putting forth absolutely no new ideas on how to govern.
    Maybe they can start with the Alberta Prayer - "I pray for another boom and promise not to **** it away AGAIN".

  4. #1404
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    Quote Originally Posted by Dave View Post
    Quote Originally Posted by ThomasH View Post
    Apparently there is a Provincial Prayer Breakfast being held on November 25. It appears to be a religious fundraiser, what is the money going towards?
    https://www.facebook.com/provchristianprayerbreakfast/

    Why are we having such events, isn't there supposed to be a separation between church and state?

    His religious slant is the number one thing that I hate about Jason Kenney, the other being UCP putting forth absolutely no new ideas on how to govern.
    Maybe they can start with the Alberta Prayer - "I pray for another boom and promise not to **** it away AGAIN".
    unfortunately these aren't restricted to provincial politics or to any particular party...

    https://edmontonprayerbreakfast.ca/

    "Under the Lordship of Jesus Christ, The Edmonton Prayer Breakfast is a non-political event that allows churches, ministries, and business people an opportunity to show their appreciation and support, and to pray for our mayor and civic leadership in Edmonton, Alberta."

    and, for what it's worth, they're something i'm not particularly comfortable with at any level.


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  5. #1405

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    Quote Originally Posted by Dave View Post
    Quote Originally Posted by ThomasH View Post
    Apparently there is a Provincial Prayer Breakfast being held on November 25. It appears to be a religious fundraiser, what is the money going towards?
    https://www.facebook.com/provchristianprayerbreakfast/

    Why are we having such events, isn't there supposed to be a separation between church and state?

    His religious slant is the number one thing that I hate about Jason Kenney, the other being UCP putting forth absolutely no new ideas on how to govern.
    Maybe they can start with the Alberta Prayer - "I pray for another boom and promise not to **** it away AGAIN".
    There is a T-shirt

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    Ah, the sweet smell of skulduggery:

    AISH recipients fought for years to get both inflation indexing and a hike in monthly payments. In the fall of 2018, the NDP agreed.So did many UCP MLAs. During debate on the bill, Dave Hanson from Bonnyville said:

    “This indexing to CPI will greatly benefit all support recipients who have been waiting years for an adjusted amount that reflects today’s cost-of-living increases. We’ve heard, devastatingly, from AISH advocates that some cannot even afford basic necessities. This is absolutely unacceptable.”

    That was before the UCP got elected. Now they prefer the absolutely unacceptable.
    https://calgaryherald.com/news/polit...the-ucp-budget
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  7. #1407

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    Quote Originally Posted by Stoneman View Post
    Quote Originally Posted by kkozoriz View Post
    And yet, she did support the pipeline while she was in power. It's almost like a politician was willing to compromise.

    Fixed this for you

    And even Scheer's hollow speeches and attempts to get the pipeline moving weren't enough to change his fate this fall.
    Try to comprehend my earlier post please. I said prior to her getting elected, she was public going against pipelines. Once she sniffed getting potential power and actually being in office, she found out that the only way to stay there was to jump ship and start advocating for pipelines.

    Try to understand.
    But before she was elected, her opinions were just that, opinions. It's what she did as premier that actually had an effect of policy.

    Scheer said that he didn't believe that same sex marriages were valid. But once he became CPC leader, he said that it was settled law and that he wouldn't change it. (Note, he didn't say that he'd prevent backbenchers from doing so). Do you believe pre-leader Scheer or post leader Scheer?

    Pre-Prime Minister Stephen Harper said that Alberta should extablish a "firewall" around itself. What steps did Prime Minister Harper take to put that into place in consultaion with the Alberta PC party? Which one is the "real" Stephen Harper?

    When leaders are elected, they often soften or change their positions or seek compromises, like Notley did about pipelines.

  8. #1408

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    Goodbye Lottery Fund.

    Measures proposed in Bill 20:
    --snip--

    • End the Lottery Fund and move the money into general revenue.

    https://www.cbc.ca/news/canada/edmon...ills-1.5338632

    This is a huge deal, as the Lottery Fund has been a big driver of grants & funding for a variety of programs.

    http://albertalotteryfund.ca/
    http://albertalotteryfund.ca/AlfWhoB...YearStart=2016 <-125 PAGE PDF of grants totaling over $41M received in 2016/2017 in Edmonton alone, all gone & used to fix a hole Kenney punched in the canoe himself. And that's not even a banner year for Edmonton grant recipients! 2007/2008 was $122M! Even 2014/2015 was $93M.

    I guess we'll be hearing less "know your limit, gamble within it" ads, since that's anti-business & counterproductive to raising revenues in this province.
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    Colby Cosh: The creeping horror Alberta never knew it was voting for

    If you elect people who have spent a long time studying and opposing sneaky tax increases … they will know how to deploy them against you
    https://nationalpost.com/opinion/col...was-voting-for
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  10. #1410
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    Quote Originally Posted by noodle View Post
    Goodbye Lottery Fund.

    Measures proposed in Bill 20:
    --snip--

    • End the Lottery Fund and move the money into general revenue.

    https://www.cbc.ca/news/canada/edmon...ills-1.5338632

    This is a huge deal, as the Lottery Fund has been a big driver of grants & funding for a variety of programs.

    http://albertalotteryfund.ca/
    http://albertalotteryfund.ca/AlfWhoB...YearStart=2016 <-125 PAGE PDF of grants totaling over $41M received in 2016/2017 in Edmonton alone, all gone & used to fix a hole Kenney punched in the canoe himself. And that's not even a banner year for Edmonton grant recipients! 2007/2008 was $122M! Even 2014/2015 was $93M.

    I guess we'll be hearing less "know your limit, gamble within it" ads, since that's anti-business & counterproductive to raising revenues in this province.
    Looks like they killed the site as well. It just redirects to a ministry page.
    They're going to park their car over there. You're going to park your car over here. Get it?

  11. #1411

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    Wow, that was quick.

    Conveniently it was backed up yesterday, but I'm not sure how much is saved/accessible (archive.org is blocked at work, I sent the URLs to myself from my phone)

    https://web.archive.org/web/20191028223334/http://albertalotteryfund.ca/

    Looks like most of the individual reports are lost to the ages, but I found this, which is far more high level.

    https://web.archive.org/web/20191028...emoneygoes.asp
    Last edited by noodle; 29-10-2019 at 02:47 PM. Reason: Added 2nd url.
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    You can also add your favourite websites, c2e threads etc to the Wayback Machine to ensure they are backed up.

  13. #1413
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    This is different from the funds that non-profits access when they work casinos, right?
    They're going to park their car over there. You're going to park your car over here. Get it?

  14. #1414

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    Quote Originally Posted by Gord Lacey View Post
    This is different from the funds that non-profits access when they work casinos, right?
    I'm not entirely sure, but I found this:

    Where the Money Comes From
    Alberta Lottery Fund dollars are made up of the government's share of net revenues from provincial lotteries, namely VLTs, slot machines, electronic bingo, and ticket lotteries (i.e. Lotto 6/49).
    The Alberta Lottery Fund revenue total reflects the amount available to support public and community initiatives after operating expenses.


    https://web.archive.org/web/20191028...ycomesfrom.asp
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    It seems a wee bit early in their mandate for the UCP to be sending salty letters to the editor, but that didn't stop Toews: https://edmontonjournal.com/opinion/...out-the-budget

    I also want to take this opportunity to correct another tax mistruth that the NDP have been spreading around. You may have heard the claim from the Opposition that personal income taxes are going up. Let me be clear, if you are earning the same amount this year as you were last year, you will pay the exact same amount in provincial income taxes.
    Very carefully worded, that sentence. It totally neglects to mention the reality that if you are making the same in "real" wages, IE: adjusted for inflation, you will indeed end up paying more personal taxes if there is any amount of inflation in the economy, because the personal income exemption is no longer indexed to inflation. That's an increase in personal taxes, from where I stand. Just like de-indexing AISH is a cut in that benefit. As Colby Cosh helpfully pointed out, back in the Reform days Jason Kenney and Montey Solberg screamed to high heaven that bracket creep was basically tax theft. Now, not so much.

  16. #1416
    A people that elect corrupt politicians, imposters, thieves and traitors are not victims, but accomplices.

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    ^Stuff like that is how you start a brain drain. Everyone talks about how the public sectors wages are too high but the reality is, if you want to attract high quality, effective and efficient workers, you need to have competitive wages and/or benefits compared to the private sector.

  18. #1418

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    Quote Originally Posted by Gord Lacey View Post
    This is different from the funds that non-profits access when they work casinos, right?
    I think so, but a lot of grants from the lottery went to not for profit organizations, so it will be another cut back to them. Kenney must be scrambling a bit to pay for those corporate tax cuts to raid this pot too.

  19. #1419

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    Quote Originally Posted by seamusmcduffs View Post
    ^Stuff like that is how you start a brain drain. Everyone talks about how the public sectors wages are too high but the reality is, if you want to attract high quality, effective and efficient workers, you need to have competitive wages and/or benefits compared to the private sector.
    start? Long past that. They all started leaving once salaries were frozen and bonuses were cut years ago. Now anyone who was still on the face are definitely going to go
    A people that elect corrupt politicians, imposters, thieves and traitors are not victims, but accomplices.

  20. #1420

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    Quote Originally Posted by seamusmcduffs View Post
    ^Stuff like that is how you start a brain drain. Everyone talks about how the public sectors wages are too high but the reality is, if you want to attract high quality, effective and efficient workers, you need to have competitive wages and/or benefits compared to the private sector.
    Perhaps talk like this might push some more people to consider early retirement, but this sort of thing usually just drives out the better ones who can find a better job in Alberta or elsewhere.

  21. #1421

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    Half of the $1.5B/annually from the lottery went to AHS initiatives & programs. So that’s a $750M cut to their programs. Certainly seems like a cut to health spending to me...
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  22. #1422

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    Wait.. so Alberta's new Climate Pricing Plan (a tax on businesses) is being used to pay the debt?

    "Some of the money is to go into a fund to support greenhouse-gas-reducing technology. Half of every dollar raised after the first $100 million is to go to debt reduction or to the province's "war room," a newly created $30-million office to counter criticism of the oil and gas industry." - CBC
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  23. #1423
    Live and love... your neighbourhood.

  24. #1424

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    Do you think they’ll pay down the debt when they can funnel it to the FOIP-proof war room & then straight back to their cronies?

    Heck no.
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  25. #1425
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    Quite the lovely wingnut welfare scheme that "war room" is.
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  26. #1426

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    Quote Originally Posted by GenWhy? View Post
    "Don't talk about that $12 million. It's mine! Mine, mine, mine!!"


    Alberta's justice minister lashed out at Calgary's mayor on Tuesday after Naheed Nenshi spoke out about provincial budget moves that will take $12 million out of the police budget.


    "Trudeau's mayor is out to lunch," wrote Doug Schweitzer on Twitter. "We made tough decisions in our budget but didn't reduce police grants by one dollar. Unlike his friend in Ottawa, he should get his fiscal house in order."


    While true the province didn't cut grants, it did decide to take a bigger chunk of revenues from fines, to the tune of $10 million per year, and will charge police for forensic testing, which will cost the service $2 million each year.

  27. #1427
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    Quote Originally Posted by Dave View Post
    Quote Originally Posted by Gord Lacey View Post
    This is different from the funds that non-profits access when they work casinos, right?
    I think so, but a lot of grants from the lottery went to not for profit organizations, so it will be another cut back to them. Kenney must be scrambling a bit to pay for those corporate tax cuts to raid this pot too.
    Well, I hope that’s not the case. Many parent councils at schools work casinos to raise funds to buy electronics and other items for the school. If that money came from the lottery fund, then schools are completely ****** if that’s been taken away. I don’t think, or rather I hope, these two things aren’t the same thing.
    They're going to park their car over there. You're going to park your car over here. Get it?

  28. #1428

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    https://aglc.ca/gaming/charitablegaming

    I am not 100% sure, but I believe when a charity runs a casino night the charity gets most/all of what would be the province’s cut. There’s a review of the whole system underway so that may change. The $331M in charitable casino takings is nothing to sneeze at.

    E: Looks like the Lottery Fund also contributed ~$300M/year to Education-related initiatives/programs, so the UCP is still kicking the Education budget in the shins, just in a little more roundabout way.
    Last edited by noodle; 30-10-2019 at 11:18 AM. Reason: Added Lotto Fund Education details
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  29. #1429
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    Quote Originally Posted by GenWhy? View Post
    I was prepared to give the UCP a fair shot. But when they come out swinging like this, it makes it very, very hard to. Someone tell Schweitzer that the campaign is over, and he doesn't need to insult other politicians with pejoratives nor does he need to publicly comment on criminal cases before sentencing.

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    Alberta has no sales tax, which would leave one to think that Alberta is less expensive then other Provinces, in theory.
    Mom said I should not talk to cretins!

  31. #1431

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    Yeah, sounds like the program was a total disaster! </snark>


    Energy efficiency rebate programs closed by Alberta government

    "The province says the programs led to $850 million in economic growth, 5.7 million tonnes of greenhouse gas emissions being avoided, and $692 million in energy savings."

    https://edmonton.ctvnews.ca/energy-e...ment-1.4661207

  32. #1432
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    Quote Originally Posted by Marcel Petrin View Post
    I was prepared to give the UCP a fair shot. But when they come out swinging like this, it makes it very, very hard to. Someone tell Schweitzer that the campaign is over, and he doesn't need to insult other politicians with pejoratives nor does he need to publicly comment on criminal cases before sentencing.
    I think the "permanent campaign" (or permanent grievance politics, perhaps you could say) is something that is far too tempting for the UCP to pass up. They almost can't not press any perceived advantage, no matter how unethical, such as mouthing off about pending litigation or using petty insults against disgruntled municipal leaders. This is a dark time for Alberta, for a lot of reasons.
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  33. #1433
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    ^ Here's some more reasons



    Kenney's new budget:


    - Introduced its first budget, which included:


    - A $6.6 billion cut to planned health care spending by 2021. That’s a cut of 10.7%;
    - A $876 million cut to planned spending on health facilities and equipment. That’s a cut of 30.3%;
    - A $152 million cut to planned spending on ambulance services. That’s a cut of 10.2%;
    - All this atop the already scheduled cancellation of the new, modern lab in Edmonton, the cancellation of the South Edmonton hospital build and a withholding of $297 million in investment for the construction of the new Calgary Cancer Centre. Although today, in a speech to the Edmonton Chamber of Commerce, Jason Kenney announced that they now have magically found funding for the building of a new lab in Edmonton, without any details. Whether this will be a public or private endeavour remains unclear;
    - Introduced Bill 21 – Ensuring Fiscal Sustainability Act, which includes once again allowing employers to use replacement workers during strikes or lockouts.
    Nisi Dominus Frustra

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    Quote Originally Posted by kkozoriz View Post
    Yeah, sounds like the program was a total disaster! </snark>


    Energy efficiency rebate programs closed by Alberta government

    "The province says the programs led to $850 million in economic growth, 5.7 million tonnes of greenhouse gas emissions being avoided, and $692 million in energy savings."

    https://edmonton.ctvnews.ca/energy-e...ment-1.4661207
    What's the logic behind this again? I keep trying to remember but all I can come up with is green=bad. Is that right?

  35. #1435

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    Pretty much. People saving energy means less oil & gas needed. So, socialism or some such.

  36. #1436

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    Quote Originally Posted by kkozoriz View Post
    Pretty much. People saving energy means less oil & gas needed. So, socialism or some such.
    The profit motive and possibilities should have been clarified.

    If we had a oil pipeline, saving oil would create more to export and that would mean higher profits on exports of the same. (Using coal was a consideration behind the old 1970s gas act which Lougheed had brought in I believe. I recall that it restricted gas use and so saved gas for petrochemicals and exports while coal was deemed to be the fuel of choice for power plants (base load for sure). All subject to check.

    So since a lot of electricity is now generated via gas turbine and we are wasting less with all our little LED bulbs, we should now have more natural gas to export. (Eventually the gains will pay for the cost of importing all those bulbs.

    As for coal generation, our health should get better.
    Last edited by KC; 30-10-2019 at 02:44 PM.

  37. #1437

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    Quote Originally Posted by KC View Post
    So since a lot of electricity is now generated via gas turbine and we are wasting less with all our little LED bulbs, we should now have more natural gas to export.
    What? We're using MORE natural gas than ever before to generate power in Alberta.
    Giving less of a damn than ever… Can't laugh at the ignorant if you ignore them!

  38. #1438

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    Quote Originally Posted by noodle View Post
    Quote Originally Posted by KC View Post
    So since a lot of electricity is now generated via gas turbine and we are wasting less with all our little LED bulbs, we should now have more natural gas to export.
    What? We're using MORE natural gas than ever before to generate power in Alberta.
    Well then I guess it made no sense to install thousands of LEDs. Maybe people are leaving them on 10 times longer now too.

    Anyway yes you’re right there and I’m VERY wrong. The conversions of coal to gas will likely use MANY magnitudes more gas volume than what efficiency improvements could conceivably have saved for export.

    Converting coal to gas pushes up domestic consumption big time. Plus growth in demand will likely be met by adding even more gas generation.

    I guess I should have said we could have had more gas than we otherwise would have had but the savings may be a equivalent to a rounding error compared to growth in domestic consumption. (Not sure about production growth.). Probably not the best use but better than burning what we were via incandescent bulbs, inefficient furnaces, etc. The offset to pollution from coal though makes us a huge winner in many ways.
    Last edited by KC; 30-10-2019 at 03:38 PM.

  39. #1439

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    I blame Notley


    Alberta gas demand to rise as coal conversions completed early: Peters & Co.

    Alberta’s domestic demand for natural gas is expected to accelerate over the next four years as power plants in the province transition off coal faster than required, analysts with Peters & Co. Limited wrote in a fall 2019 outlook report.


    “Minimal” coal-fired power is expected in Alberta by 2023, they said.


    That’s approximately seven years ahead of the 2030 phase-out deadline set by former Premier Rachel Notley in 2015.

    https://www.jwnenergy.com/article/20...rly-peters-co/

  40. #1440

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    Watch as we then export the coal.

    Maybe all those LEDs will lead to some capital cost avoidance. Delaying the need for a gas turbine or two.
    Last edited by KC; 30-10-2019 at 03:42 PM.

  41. #1441

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    Quote Originally Posted by KC View Post
    Well then I guess it made no sense to install thousands of LEDs. Maybe people are leaving them on 10 times longer now too.
    No, installing LEDs helps minimize the rate that power consumption in Alberta increases. The less power we as a province use, the less expensive power is. Given that the current economics favours gas over coal, every kWh saved is a kWh of coal that doesn't need to be dispatched by the AESO. Had we kept on the path the NDP were on in restructuring the way the power market functions we would see renewables dispatched before gas, then gas before coal, making the environmental savings even higher.


    Quote Originally Posted by KC View Post
    Anyway yes you’re right there and I’m VERY wrong. The conversions of coal to gas will likely use MANY magnitudes more gas volume than what efficiency improvements could conceivably have saved for export.
    Natural gas is the current sweet spot between CO2 emissions & cost for much of Alberta's baseload generation needs. Not using a cheap commodity so we can export it while simultaneously shooting ourselves in the environmental foot seems foolhardy at best.

    Quote Originally Posted by KC View Post
    Converting coal to gas pushes up domestic consumption big time. Plus growth in demand will likely be met by adding even more gas generation.
    Converting from coal to gas for baseload is the best option under the way the PC/UCP style electricity market works, economically & environmentally. Had we stayed orange that wouldn't be the case, but it is what it is.

    Quote Originally Posted by KC View Post
    I guess I should have said we could have had more gas than we otherwise would have had but the savings may be a equivalent to a rounding error compared to growth in domestic consumption. (Not sure about production growth.). Probably not the best use but better than burning what we were via incandescent bulbs, inefficient furnaces, etc. The offset to pollution from coal though makes us a huge winner in many ways.
    Why the huge focus on stockpiling or hoarding a currently very cheap commodity for nigh-non-existent economic benefits?

    GTFO of coal fired generation ASAP is likely the most politically palatable way to get our GHG emissions under control:

    Alberta’s electricity sector produces more GHG emissions than any other province because of its size and reliance on coal-fired generation. In 2016, Alberta’s power sector generated 45.2 MT CO2e emissions, or 58% of total Canadian GHG emissions from power generation.
    https://www.cer-rec.gc.ca/nrg/ntgrtd...wbdisable=true
    Last edited by noodle; 30-10-2019 at 04:20 PM.
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  42. #1442
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    Quote Originally Posted by KC View Post
    Watch as we then export the coal.
    Unlikely. While metallurgical coal exports will continue from mines located in or near the mountains, with the world turning away from coal-fired electricity generation, there is likely to be no market for the low value thermal coal produced by the mines near Wabumun, Genessee and Sheerness. The mines will close, the disturbed land reclaimed and this chapter in Alberta's history will come to an end.

  43. #1443

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    Yep. The economics around the sort of coal we use for power generation means it’s literally cheaper to leave it in the ground & convert facilities to natural gas instead. If it doesn’t make sense to schlep it literally across the road to burn I can’t see how it’d make sense to ship it out of the province to places that still use the same sort of coal, as they use coal for similar reasons to us, it being cheap and ​local.
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  44. #1444

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    Quote Originally Posted by kkozoriz View Post
    I blame Notley


    Alberta gas demand to rise as coal conversions completed early: Peters & Co.

    Alberta’s domestic demand for natural gas is expected to accelerate over the next four years as power plants in the province transition off coal faster than required, analysts with Peters & Co. Limited wrote in a fall 2019 outlook report.


    “Minimal” coal-fired power is expected in Alberta by 2023, they said.


    That’s approximately seven years ahead of the 2030 phase-out deadline set by former Premier Rachel Notley in 2015.

    https://www.jwnenergy.com/article/20...rly-peters-co/
    Isn't it a actually good thing overall to transition faster? Lower carbon emissions and more demand for natural gas which might help increase the low price slightly for gas producers in Alberta.

  45. #1445

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    I believe kk was being sarcastic/facetious.

    Given the current state of the electricity market & natural gas prices it makes sense to transition from coal to gas while building out environmentally conscious ways of generating power. Then when we don't need the gas to burn we can use it for feedstock for petrochemical processing & add value to it that way in-province, just like the half of natural gas consumption in Alberta already is.
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  46. #1446

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    Quote Originally Posted by noodle View Post
    I believe kk was being sarcastic/facetious.


    Let's see, who was premier when this was proposed and announced?

    The project went from conception to completion in 21 months, Tidewater Midstream president Joel MacLeod said. He noted that it took only 14 months between the final investment decision and the first gas deliveries.

    https://www.cbc.ca/news/canada/edmon...ants-1.5326847
    Last edited by kkozoriz; 30-10-2019 at 05:34 PM.

  47. #1447

    Default

    Quote Originally Posted by East McCauley View Post
    Quote Originally Posted by KC View Post
    Watch as we then export the coal.
    Unlikely. While metallurgical coal exports will continue from mines located in or near the mountains, with the world turning away from coal-fired electricity generation, there is likely to be no market for the low value thermal coal produced by the mines near Wabumun, Genessee and Sheerness. The mines will close, the disturbed land reclaimed and this chapter in Alberta's history will come to an end.
    It’s apparently low sulphur.

    We need to start a global environmental movement to ban the use of high sulphur coal.


    Maybe as coal declines, shipping crude by rail will become cheaper:
    How Coal Works | Union of Concerned Scientists

    “About thirty percent of US freight train traffic comes from coal. “

    https://www.ucsusa.org/resources/how-coal-works
    Last edited by KC; 30-10-2019 at 05:46 PM.

  48. #1448

    Default

    Quote Originally Posted by KC View Post
    It’s apparently low sulphur.
    "low" being relative & the stuff we've got here is still terrible for anyone or the environment.

    In 2014 Alberta emitted over 291,000 tonnes of SO2. That compares to 259,000 tonnes emitted in the same year in Ontario, even though Alberta’s population is less than a third by comparison. Alberta also emits more SO2 than all provinces east of Ontario combined. Ontario’s emissions of SO2 dropped by 165,000 tonnes between 2000 and 2014 when it phased out all of its coal fired power plants.
    In Alberta, the two largest contributors are the upstream oil and gas industry and coal-fired electricity generation. Together these two sources accounted for 92 per cent of Alberta’s SO2 pollution in 2014. Improved sulphur recovery standards from oil and gas facilities have led to lower overall SO2 pollution while concentrated growth of oil and gas operations in some regions has led to higher exposure levels. Meanwhile there has been no significant reduction of SO2 from coal-fired electricity generation in Alberta in the last 20 years.
    https://www.pembina.org/blog/health-...xide-emissions
    Giving less of a damn than ever… Can't laugh at the ignorant if you ignore them!

  49. #1449

    Default

    Not a good for metallurgical coal either but seems little is used:


    Not all coal is created equal
    Excerpt:

    “ is critical to steel making, and BC has an abundance of this particular fossil fuel.”

    “Canadian emissions from steelmaking were almost 14 million tonnes in 2011, but that represents only about 2.5 per cent of the total CO2e emissions from the energy sector (566 megatonnes in 2012). It’s a similar story in the US: In 2013, thermal coal burned for energy generated just under 2 billion tonnes of GHG emissions overall in the US, while steelmaking creates about 117 million tonnes (or about 6 per cent) annually, according to a 2012 Environmental Protection Agency (EPA) report. So while metallurgical coal used in steelmaking is some distance from being environmentally benign, thermal coal presents a much bigger problem.”

    http://theclimateexaminer.ca/2014/11...created-equal/



    BC's Dirty Secret:
    Big Coal & the Export of Global-Warming Pollution

    https://dogwoodbc.ca/wp-content/uplo...Secret-web.pdf

  50. #1450

    Default

    Quote Originally Posted by Dave View Post
    Quote Originally Posted by kkozoriz View Post
    I blame Notley


    Alberta gas demand to rise as coal conversions completed early: Peters & Co.

    Alberta’s domestic demand for natural gas is expected to accelerate over the next four years as power plants in the province transition off coal faster than required, analysts with Peters & Co. Limited wrote in a fall 2019 outlook report.


    “Minimal” coal-fired power is expected in Alberta by 2023, they said.


    That’s approximately seven years ahead of the 2030 phase-out deadline set by former Premier Rachel Notley in 2015.

    https://www.jwnenergy.com/article/20...rly-peters-co/
    Isn't it a actually good thing overall to transition faster? Lower carbon emissions and more demand for natural gas which might help increase the low price slightly for gas producers in Alberta.
    You would like to believe that, but now natural gas is the new coal.
    .
    https://www.reuters.com/article/us-u...-idUSKBN1W302J

  51. #1451

    Default

    Natural gas just knocks down the emissions to a lower level but add population and economic growth and the associated increase in need for energy may mean that we’re just treading water, if that. So natural gas has to go too.

    Also the transition likely causes a spike in emissions by itself. Basically coal spewing pollution to create the energy and metals to make gas turbines which in turn spew pollution to make the solar panels. And wind towers plus the heavy equipment, graders, dozers, trucks, helicopters etc. to create the solar and wind power plants...

    In a slow transition I suppose one solar plant could slowly and cleanly reproduce itself by powering the factories to create more solar plants.

  52. #1452

    Default

    EnCana moving their base of operations to the US. Kenny can blame the feds for this I guess.

  53. #1453

    Default

    So I wonder how well full privatization has worker out for us. How have proceeds from the sale of Alberta Energy performed?

    I’ve long been an advocate for the government retaining a significant equity position in the operating assets that are sold off because thd privatized companies usually do fairly well and their value rises.

    The loss of head office benefits seems to be another downside to privatizing public assets.

    Sold EdTel - lost was office
    Sold AGT - lost head office...

  54. #1454

    Default

    Quote Originally Posted by KC View Post
    So I wonder how well full privatization has worker out for us. How have proceeds from the sale of Alberta Energy performed?

    I’ve long been an advocate for the government retaining a significant equity position in the operating assets that are sold off because thd privatized companies usually do fairly well and their value rises.

    The loss of head office benefits seems to be another downside to privatizing public assets.

    Sold EdTel - lost was office
    Sold AGT - lost head office...
    Large corporations these days have no real loyalty to any place. Interestingly, its often not tax considerations or cost of business that determines the location, but sometimes just where the CEO or other executives want to live.

    Its too bad, a community loses a lot when it loses corporate offices. I suppose now Calgary's turn to feel a bit like Edmonton did before.

  55. #1455

    Default

    Quote Originally Posted by BalancedOP View Post
    EnCana moving their base of operations to the US. Kenny can blame the feds for this I guess.
    Of course the so-called Energy Minister already has. Sad that the legacy of Loughheed and Alberta Energy has come to this.

    The Grifter and the UCP could have figured this out just by looking at the investment strategy of EnCana well before the Election but that would entail some sort of intelligence and honesty both qualities of which are sorely lacking with many of them.
    Last edited by The Man From YEG; 01-11-2019 at 08:55 AM.

  56. #1456

    Default

    Sure school boards have to make do with millions less per year but at least the big oil companies got help with stock buybacks, dividends, executive bonuses & raises and investment in other jurisdictions.

    You've got to look at the big picture.


  57. #1457

    Default

    Jason Kenney used to be against de-indexing before he was for it.

    Opinion: Kenney knows well his budget contains hidden tax grab

    For some reason, Finance Minister Travis Toews thought it would be a good idea to pen an article trying to convince Albertans that he’s not raising taxes. Next time Toews writes a column about taxes he should run it by a well-known tax hawk, and his own boss, Premier Jason Kenney. Kenney knows better than anyone how bracket creep eats away at taxpayers’ wallets.


    “(Bracket creep is a) hidden and regressive tax grab,” wrote Kenney in a Calgary Herald column dated Dec. 10, 1997.


    Kenney clearly articulates why bracket creep is a tax hike in his column:


    “First, inflation generally causes taxable income to increase at a faster pace than real income. For example, Canadians earning less than about $6,500 are exempt from paying federal taxes because of the existence of the Basic Personal Credit, a tax-free threshold that must be crossed before any federal taxes are owed.”


    Kenney even provides examples.

    https://calgaryherald.com/opinion/co...idden-tax-grab

  58. #1458

    Default

    Power corrupts

  59. #1459
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    Quote Originally Posted by KC View Post
    Power corrupts
    really???

    because if true, then notley was corrupt and trudeau was corrupt and lougheed was corrupt and pearson and clark...
    "If you did not want much, there was plenty." Harper Lee

  60. #1460

    Default

    Of course one can debate the choices made in the budget. On income tax de-indexing, Trevor Tombe notes it’s fiscal effect (which is not the same as effect on individuals) is the same as raising sales tax by 0.3%:

    https://www.cbc.ca/news/canada/calga...ombe-1.5337962

    Raising the GST to 5.3 per cent, for example, would generate the same revenue as the personal income tax increases will. Either way, Alberta is (by far) the lowest tax jurisdiction in the country, so there is room to increase taxes as the government did.

  61. #1461

    Default

    Quote Originally Posted by kcantor View Post
    Quote Originally Posted by KC View Post
    Power corrupts
    really???

    because if true, then notley was corrupt and trudeau was corrupt and lougheed was corrupt and pearson and clark...
    Yup. It’s a slippery slope.

  62. #1462

    Default

    Quote Originally Posted by Snail View Post
    Of course one can debate the choices made in the budget. On income tax de-indexing, Trevor Tombe notes it’s fiscal effect (which is not the same as effect on individuals) is the same as raising sales tax by 0.3%:

    https://www.cbc.ca/news/canada/calga...ombe-1.5337962

    Raising the GST to 5.3 per cent, for example, would generate the same revenue as the personal income tax increases will. Either way, Alberta is (by far) the lowest tax jurisdiction in the country, so there is room to increase taxes as the government did.
    Especially cutting taxes on corporations. After all, everyone has a responsibility to ensure that corporations can buy back stock, pay out dividends, give raises and bonuses to executives and fund expansion in other provinces and countries.

  63. #1463

    Default

    Absolute power corrupts absolutely, but no one has absolute power in a democracy.
    A people that elect corrupt politicians, imposters, thieves and traitors are not victims, but accomplices.

  64. #1464
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    Jason Kenney, such an honest man: https://www.cbc.ca/news/canada/edmon...nney-1.5346856

    During his campaign for the leadership of the United Conservative Party, Jason Kenney said that his government would not cut the program.

    In one instance, he accused the NDP government of fearmongering about his intention to slash the program.

    "This is complete rubbish," Kenney said in a Facebook live event during the election campaign. "The truth is, we actually voted in favour of legislation brought by the NDP government last fall to increase AISH benefits.

    "But the minister ... is trying to scare people, including those with intellectual disabilities, into saying that their basic income is going to be slashed or eliminated. Shame on you."
    “Son, one day this will be an iconic structure shaping Edmonton’s skyline.”

  65. #1465
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    I just hope he doesn't cut the Alberta senior benefit program. I haven't seen anything in the details from Bill C-20 or 21 omnibus bills.
    Mom said I should not talk to cretins!

  66. #1466
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    Sorry, evaneo, but the UCP has scrapped indexation of the Alberta Seniors Benefit program. (See page 95 of the budget.) Your seniors benefit will no longer rise with inflation.
    “Son, one day this will be an iconic structure shaping Edmonton’s skyline.”

  67. #1467
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    "I didn't think the leopard would eat my face" seems to be applying across the board right now. Sucks for everyone though, regardless of who you voted for.

  68. #1468

    Default

    Quote Originally Posted by JamesL View Post
    Sorry, evaneo, but the UCP has scrapped indexation of the Alberta Seniors Benefit program. (See page 95 of the budget.) Your seniors benefit will no longer rise with inflation.
    MLA salaries will remain indexed, however.

    Financial austerity for those most vulnerable & CPI increases for themselves...
    Giving less of a damn than ever… Can't laugh at the ignorant if you ignore them!

  69. #1469

    Default

    Meanwhile...

    Calgary businessman Robyn Lore fined for allegedly funding 'kamikaze' UCP leadership campaign

    A Calgary businessman has been fined by Alberta's election commissioner, accused of transferring tens of thousands of dollars to the "kamikaze" campaign of Jeff Callaway in the 2017 United Conservative Party leadership race.


    Robyn Lore, through his corporation Agropyron Enterprises, is alleged to have transferred $60,000 to Callaway's communications director, Cam Davies, according to fines posted to the Office of Election Commissioner on Monday.


    That money was allegedly funnelled into the campaign through so-called "straw" donors — individuals who agreed to act as conduits for the corporate cash in violation of Alberta's election laws. Corporations are banned from donating to campaigns in the province and individuals can contribute no more than $4,000 per year.


    Callaway was one of the candidates to lead the newly formed UCP in 2017, but the chief contenders were the two former leaders of the Wildrose and Progressive Conservative parties — Jason Kenney and Brian Jean.


    Callaway's campaign worked closely with the campaign of Kenney — now Alberta premier — with direction coming from Kenney's team on everything from talking points to when Callaway would drop out of the race to support Kenney.

    https://www.cbc.ca/news/canada/calga...S735w7LjRReoyM

  70. #1470
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    What a mug.
    Nisi Dominus Frustra

  71. #1471

    Default

    Looks like we can add "human rights education & multicultural funding" to "economic diversity" on the list of luxuries we can't afford in Kenney's Oilberta.


    Follow the below link, reddit doesn't seem to like me embedding images hosted on its own image site.

    https://www.reddit.com/r/alberta/com...education_and/
    Giving less of a damn than ever… Can't laugh at the ignorant if you ignore them!

  72. #1472
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    Quote Originally Posted by JamesL View Post
    Sorry, evaneo, but the UCP has scrapped indexation of the Alberta Seniors Benefit program. (See page 95 of the budget.) Your seniors benefit will no longer rise with inflation.
    Thanks for this JamesL If that's anything to go on at least they won't get rid of The Alberta senior benefit altogether, for now.
    Mom said I should not talk to cretins!

  73. #1473

    Default

    Give them time. Don't forget, we've got three more years of reducing the business tax. These cuts are just year one.

  74. #1474
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    Quote Originally Posted by envaneo View Post
    Quote Originally Posted by JamesL View Post
    Sorry, evaneo, but the UCP has scrapped indexation of the Alberta Seniors Benefit program. (See page 95 of the budget.) Your seniors benefit will no longer rise with inflation.
    Thanks for this JamesL If that's anything to go on at least they won't get rid of The Alberta senior benefit altogether, for now.
    I doubt they will. Hopefully things will turn around and we'll be out of debt.
    Animals are my passion.

  75. #1475

    Default

    Quote Originally Posted by H.L. View Post
    I doubt they will. Hopefully things will turn around and we'll be out of debt.
    "I'm sure THIS is the time that corporate cronyism & voodoo economics will work."
    Giving less of a damn than ever… Can't laugh at the ignorant if you ignore them!

  76. #1476
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    I just so thankful the NDP loving pet projects and public sector workers are GONE
    Wahooooo
    Animals are my passion.

  77. #1477

    Default

    Quote Originally Posted by H.L. View Post
    I just so thankful the NDP loving pet projects and public sector workers are GONE
    Wahooooo
    Still a $2B higher deficit compared to last year under the NDP & their entire projections hinge upon pipelines Alberta is not likely to get much support for, thanks to the Rednexiters coming across as entitled, petulant, out of touch rubes.
    Giving less of a damn than ever… Can't laugh at the ignorant if you ignore them!

  78. #1478

    Default

    Very neiss.

    Quote Originally Posted by noodle View Post
    Looks like we can add "human rights education & multicultural funding" to "economic diversity" on the list of luxuries we can't afford in Kenney's Oilberta.


    Follow the below link, reddit doesn't seem to like me embedding images hosted on its own image site.

    https://www.reddit.com/r/alberta/com...education_and/

  79. #1479
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    Quote Originally Posted by H.L. View Post
    I just so thankful the NDP loving pet projects and public sector workers are GONE
    Silly pet projects like Innotech/Alberta Innovates (formerly Alberta Research council). They've been told to eliminate 120 of their 600-so staff.

    They work on research and innovation to support agriculture, oil sands, food science and building efficiency/technologies. Who needs that kind of stuff?

  80. #1480

    Default

    Diversity is a luxury Alberta can't afford.
    Giving less of a damn than ever… Can't laugh at the ignorant if you ignore them!

  81. #1481
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    Quote Originally Posted by noodle View Post
    Diversity is a luxury Alberta can't afford.
    You're right.
    It's just that the research council is where the oilsands extraction methods were developed.

  82. #1482

    Default

    Quote Originally Posted by nobleea View Post
    Quote Originally Posted by noodle View Post
    Diversity is a luxury Alberta can't afford.
    You're right.
    It's just that the research council is where the oilsands extraction methods were developed.
    I was sarcastically quoting Dear Leader, apologies for any confusion or misinterpretations.
    Giving less of a damn than ever… Can't laugh at the ignorant if you ignore them!

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    ^Quote for the ages. One of the dumbest things I've ever heard, and yet those are the words of wisdom coming from our fincance minister. The sad thing is, I think they might actually believe it, and not just justifying the over the top tax cuts for the O and G industry. For those who missed it:

    https://nationalpost.com/news/canada/alberta-finance-minister-says-diversifying-revenues-is-a-long-term-luxury

    We're literally cutting the things that would have helped the province weather the ups and downs of the oil industry, and making the boom and bust cycle even more pronounced.

  84. #1484

    Default

    Welcome to Oilberta, where diversity is a luxury, reducing carbon footprints is heresy & soon all of the pensions can be used to prop up a dying industry that other investors are fleeing from.
    Giving less of a damn than ever… Can't laugh at the ignorant if you ignore them!

  85. #1485

    Default

    UCP on education are looking at eliminating reconciliation and climate change from the curriculum.
    Live and love... your neighbourhood.

  86. #1486

    Default

    https://calgary.ctvnews.ca/budget-cu...unit-1.4673013

    After learning the UCP government would be dismantling a unit of firefighters specially trained to fight wildfires, the NDP opposition says the loss is a "shameful cut."
    The Wildland Firefighter Rappel Program, also known as the Helitack-Rappel or RAP program, was established about 40 years ago and employs 65 personnel.
    Seems like a reasonable thing to do, I mean when was the last time we had big fires in Alberta?

    /s
    Giving less of a damn than ever… Can't laugh at the ignorant if you ignore them!

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    we know how rural feels about the current prov govt. we know how edmonton feels.
    how does calgary feel about the current direction? a lot of folks there voted for ucp. are they happy with their choice?
    The world is full of kings and queens, who blind your eyes then steal your dreams.
    It's heaven and hell!

  88. #1488
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    Quote Originally Posted by GenWhy? View Post
    UCP on education are looking at eliminating reconciliation and climate change from the curriculum.
    Source? I really hope not...

  89. #1489

    Default

    Oh really? Just looking to protect religious rights? Like this one?

    Leviticus 20:13 New Living Translation (NLT)
    13 “If a man practices homosexuality, having sex with another man as with a woman, both men have committed a detestable act. They must both be put to death, for they are guilty of a capital offense.
    Alberta private member's bill to reopen debate on physician conscience rights
    UCP MLA Dan Williams says his bill is meant to simply affirm Charter rights


    United Conservative backbencher Dan Williams is to introduce Thursday a private member's bill to reassert the Charter-protected freedom of conscience and religion for health providers.


    Williams says the bill is in response to an Appeal Court of Ontario ruling this spring.


    Ontario's high court affirmed a lower court ruling that found physicians who object on moral grounds to contentious issues like abortion must offer patients an "effective referral" to another health provider.


    Ontario's highest court rules doctors must give referrals for services they oppose


    The court called it a fair compromise, but groups such as Canadian Physicians for Life say it is still an intolerable violation of their rights.

    https://www.cbc.ca/news/canada/edmon...ture-1.5350963

  90. #1490

    Default

    Well, with this approach it may make sense to require all physicians and other service providers to post all their religious, political and other beliefs on their door so they don’t waste people’s time. And in their job applications, etc.

  91. #1491

    Default

    I blame Notley.

    Fracking pioneer Chesapeake Energy is drowning in debt

    The financial problems have been amplified by a bid to diversify away from natural gas by betting big on oil. The company's October 2018 deal for shale oil driller WildHourse Resource Company, valued at $4 billion, including debt, came when US oil prices were trading at nearly $70 a barrel. Weeks later, crude plunged below $45 a barrel. Oil prices have yet to fully recover.

    Citing weak prices, Chesapeake on Tuesday announced plans to slash its drilling and completion activity by 30% in 2020. And the company plans to cut production and general expenses by about 20% in a bid to achieve free cash flow. Executives also said they will consider selling assets to raise cash.


    "We've been keenly focused on absolute debt reduction, and we've made great strides," Domenic Dell'Osso, Chesapeake's chief financial officer, told analysts during a conference call.
    "The volatile commodity price environment has pressured the speed and timing of accomplishing these goals," Chesapeake CEO Robert Lawler said during the call, "but we will continue to make incremental progress and improve our competitiveness and profitability"

    https://www.cnn.com/2019/11/05/inves...gas/index.html

  92. #1492
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    https://www.cbc.ca/news/canada/edmon...rter-1.5351465

    Alberta premier chartered $16K flight to fly 2 premiers to Saskatoon after Stampede event

    "but defended the expenditure as an expression of Alberta hospitality."
    Government funds should be used to help their citizens, not to invite friends over for a party.

  93. #1493

    Default

    Quote Originally Posted by kkozoriz View Post
    I blame Notley.

    Fracking pioneer Chesapeake Energy is drowning in debt

    The financial problems have been amplified by a bid to diversify away from natural gas by betting big on oil. The company's October 2018 deal for shale oil driller WildHourse Resource Company, valued at $4 billion, including debt, came when US oil prices were trading at nearly $70 a barrel. Weeks later, crude plunged below $45 a barrel. Oil prices have yet to fully recover.

    Citing weak prices, Chesapeake on Tuesday announced plans to slash its drilling and completion activity by 30% in 2020. And the company plans to cut production and general expenses by about 20% in a bid to achieve free cash flow. Executives also said they will consider selling assets to raise cash.


    "We've been keenly focused on absolute debt reduction, and we've made great strides," Domenic Dell'Osso, Chesapeake's chief financial officer, told analysts during a conference call.
    "The volatile commodity price environment has pressured the speed and timing of accomplishing these goals," Chesapeake CEO Robert Lawler said during the call, "but we will continue to make incremental progress and improve our competitiveness and profitability"

    https://www.cnn.com/2019/11/05/inves...gas/index.html
    You left out Trudeau!

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    Cool

    Quote Originally Posted by nobleea View Post
    https://www.cbc.ca/news/canada/edmon...rter-1.5351465

    Alberta premier chartered $16K flight to fly 2 premiers to Saskatoon after Stampede event

    "but defended the expenditure as an expression of Alberta hospitality."
    Government funds should be used to help their citizens, not to invite friends over for a party.
    did kenny take the Redford airline express
    The world is full of kings and queens, who blind your eyes then steal your dreams.
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    Quote Originally Posted by The Man From YEG View Post
    Quote Originally Posted by kkozoriz View Post
    I blame Notley.

    Fracking pioneer Chesapeake Energy is drowning in debt

    The financial problems have been amplified by a bid to diversify away from natural gas by betting big on oil. The company's October 2018 deal for shale oil driller WildHourse Resource Company, valued at $4 billion, including debt, came when US oil prices were trading at nearly $70 a barrel. Weeks later, crude plunged below $45 a barrel. Oil prices have yet to fully recover.

    Citing weak prices, Chesapeake on Tuesday announced plans to slash its drilling and completion activity by 30% in 2020. And the company plans to cut production and general expenses by about 20% in a bid to achieve free cash flow. Executives also said they will consider selling assets to raise cash.


    "We've been keenly focused on absolute debt reduction, and we've made great strides," Domenic Dell'Osso, Chesapeake's chief financial officer, told analysts during a conference call.
    "The volatile commodity price environment has pressured the speed and timing of accomplishing these goals," Chesapeake CEO Robert Lawler said during the call, "but we will continue to make incremental progress and improve our competitiveness and profitability"

    https://www.cnn.com/2019/11/05/inves...gas/index.html
    You left out Trudeau!
    and quebec. and BC. and Ottawa. and greta. and my uncle manny.
    everyone is responsible for this!
    The world is full of kings and queens, who blind your eyes then steal your dreams.
    It's heaven and hell!

  96. #1496

    Default

    Except Alberta's lack of diversity and low world oil prices

  97. #1497

    Default

    Why are we not surprised. It’s just how it is.


    GUNTER: Kenney’s chartered flights stir up foul memories of the entitled Tories era | Edmonton Sun

    “ Still, let’s put this boneheaded move into some perspective. ”

    https://edmontonsun.com/opinion/colu...led-tories-era

    ‘Tone-deaf, entitled’: Alberta taxpayers footed $16,764 bill for charter flight | Edmonton Journal

    Misuse of tax dollars’: CTF

    The Canadian Taxpayers Federation (CTF) slammed the move, calling it a “misuse of tax dollars.” Alberta CTF director Franco Terrazzano called it “extremely disappointing” and said the current economic climate is the worst possible time for such an expense.

    Kenney’s explanation that the cost was in Albertans’ best interests doesn’t pass the sniff test, he said.

    “Albertans didn’t vote for Kenney to waste tax dollars on fancy charter plane rides,” he said Thursday. “Albertans voted for Kenney to clean up the culture at the legislature and this is the same old frivolous culture that has plagued taxpayers for years. Kenney needs to fix this culture immediately.”



    https://edmontonjournal.com/news/pol...charter-flight
    Last edited by KC; 07-11-2019 at 07:26 PM.

  98. #1498

    Default

    Why is Kenney taking over teacher pension funds? The same reason he's musing setting up an Alberta pension plan. To get billions that AIMCo can then lend to O&G companies that banks won't lend to.


    Braid: Alberta pension a serious idea that would flip out the feds

    Kenney said, “I understand there is about $40 billion of Albertans’ premiums under management by Canada Pension Plan Investment Board.


    “If we could transfer those assets to be managed securely by AIMCo, that would also help AIMCo be a stronger asset manager that would be able to participate in larger deals . . . to further diversify their investment portfolio and improve returns over time,” he concluded.


    With $115 billion in the kitty even before the new plans are moved in, plus a $40-billion payout from Ottawa, AIMCo would be a giant with well over $150 billion under management.


    Quebec’s Caisse de Depot administers about $326 billion; the CPP Investment Board itself has $400 billion US.


    Alberta would move into a very big league for a jurisdiction with only four million people.


    Government officials suggest there could be a strategic advantage for Alberta development. With many lenders shunning oil and gas, AIMCo might buy more stakes in the industry.


    But economist Trevor Tombe points out that the first duty of these big institutional investors is to make money, and plenty of it. Decisions made for political reasons deserve to be “a genuine scandal.”

    https://calgaryherald.com/opinion/co...QvXIFjD7J0xr5s

  99. #1499

    Default

    Just posting this as a reference to things said about the NDP not campaigning on their later implementation of their carbon tax. The roles have now switched. I guess the BS gets handed off with the job.


    Alberta Election Fact Check: UCP says NDP hid carbon tax from Albertans in 2015 | Globalnews.ca

    https://globalnews.ca/news/4928688/a...dp-carbon-tax/

  100. #1500
    C2E Hard Core Contributor
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    Alberta’s “fair deal” panel is drawing criticism from a business organization and from a politician who studied similar ideas the last time the province’s anger was running high. [...]

    The head of the Calgary Chamber of Commerce is not convinced it’s what the provincial economy needs.

    “This is definitely politics over policy right now and I think the best thing for business is always certainty and having a fair deal panel creates a level of uncertainty,” said Sandip Lalli.

    She said any of these measures would cost the province money to set up and create a regulatory burden on businesses going forward.

    “That’s big government and how does big government reconcile with open for business,” she said. “If these things get set up that’s the opposite of making it easy.”

    Lalli said the government should be focusing on a competitive carbon tax plan that would see the province export carbon-reducing technology.
    https://edmontonjournal.com/news/cal...box=1573660335
    “Son, one day this will be an iconic structure shaping Edmonton’s skyline.”

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