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Finance committee  You're actually missing one as well, which is Wild Horse border crossing, south of Medicine Hat, which has the supplemental benefit of being able to bring truck traffic into Canada and up to central and northern Alberta and take it off of Highway 2, which is currently very conges

October 17th, 2018Committee meeting

Ken Kobly

Finance committee  Thank you, Mr. Chair. On Bill C-69, from what we're hearing, mainly in the media and from our members, there is a lot of concern as to the final outcome of this particular bill. What will be the increased regulatory requirements? What will be the increased consultation requireme

October 17th, 2018Committee meeting

Ken Kobly

Finance committee  Good morning, Mr. Chair and members of the committee. Thank you for the opportunity to appear before the finance committee again. To put into context the organization that I represent, we have 126 community chambers in the province of Alberta who, in turn, represent in excess o

October 17th, 2018Committee meeting

Ken Kobly

Finance committee  One of the other facts is the difference in the price of the oil and gas we sell and the price that eastern Canada pays on importing oil and natural gas. They're paying more than what Alberta sells it for in the United States. Ontario imports 67% of its natural gas from the Uni

February 19th, 2016Committee meeting

Ken Kobly

Finance committee  Certainly the province of Alberta, through our heritage fund and our stability fund, was able to shelter from it. When you have a material drop in commodity prices like this, it's very difficult to find shelter from that. To some degree that dramatic drop in commodity prices wa

February 19th, 2016Committee meeting

Ken Kobly

Finance committee  Sorry, I didn't quite hear that question.

February 19th, 2016Committee meeting

Ken Kobly

Finance committee  Again, going back, we published a paper about eight years ago calling on the provincial government to dramatically upgrade a portion of the royalty revenues that are received, put them aside, and basically take them out of the spending stream and allocate them into savings before

February 19th, 2016Committee meeting

Ken Kobly

Finance committee  Since Mr. Liepert is a former cabinet minister in the province of Alberta, I would definitely agree with him. If you want to take a look at how many people's jobs are affected by oil and gas, look at the unemployment rate currently in the province of Alberta. We are sitting nort

February 19th, 2016Committee meeting

Ken Kobly

Finance committee  Thank you, Mr. Chair. Thanks to the committee members for inviting me this morning to present on behalf of the Alberta Chambers of Commerce. For those of you who don't know, the Alberta Chambers of Commerce is a voluntary federation of 126 community chambers in the province of A

February 19th, 2016Committee meeting

Ken Kobly

Finance committee  Thank you, Mr. Chair. Due to the short notice we had that we were going to appear here, we were trying to get that information ready for the committee, and we will continue to pursue that, to get you the actual costs of what this deferral is. Again, it's a timing difference. It

November 2nd, 2010Committee meeting

Ken Kobly

Finance committee  When you look at it, certainly the production coming out of the oil sands is just fine. What we're looking at is expanding the production, perhaps bringing on new, better equipment that can increase productivity, that can also have a decrease in the effect of greenhouse gas emiss

November 2nd, 2010Committee meeting

Ken Kobly

Finance committee  I'm sorry, I didn't catch it.

November 2nd, 2010Committee meeting

Ken Kobly

Finance committee  Reintroducing it for the oil sands.

November 2nd, 2010Committee meeting

Ken Kobly

Finance committee  You bet. We believe there is no incremental cost, simply because the capital cost allowance that is currently allowed and is 25% would extend the time period the company would have to write off their asset. The accelerated capital cost allowance would mean that they would be able

November 2nd, 2010Committee meeting

Ken Kobly

Finance committee  Certainly we're starting to see signs that the employment rate is increasing. Areas such as Cold Lake right now are sitting at about 4.4% unemployment, where 3.9% could be considered full employment. Anecdotally, when you take a drive around certain parts of Alberta you're seeing

November 2nd, 2010Committee meeting

Ken Kobly