Industry committee  The International Energy Agency says it will plateau at about 100 million barrels a day for the next 30 years. Oil is going to decrease slightly depending on how aggressive people are with new technology—

Industry committee  Those are their numbers if people pursued net zero around the world, but the world isn't doing that.

Industry committee  While we throttle our sector—

Industry committee  Do I not have a chance to answer that? You put words in my mouth.

Industry committee  While we go back and forth raising cost immensely, and reducing our production and international clout, China and other countries are laughing at us. They have no intention to pursue this. If you don't want to be the one who is producing the energy that the developing world needs

Industry committee  Sure. Thank you. I get the sense that the bill is trying to ensure that the west gets its share of spending and attention in the decarbonization efforts, but the direction of the spending is problematic. When anybody hears “retraining workers”, whether it's the cod fisheries or

Industry committee  Thank you to everyone on the committee for the invitation to appear. It really is an honour to be here to share our perspective on this proposed bill concerning greening the prairie economy. I'd like to start with Fairness Alberta's motto: “Proudly Canadian. Fiercely Albertan.”

Finance committee  I think it's known that it's not always that hard to get premiers to agree to ask Ottawa to give them all more money. In this case, it was a unique situation. All the premiers agreed to give one province a special retroactive payment in recognition of all that Albertans had contr

Finance committee  Thank you very much for the invitation to appear. It really is an honour to be here again before the Standing Committee on Finance as you prepare the 2021 budget. I'll use my time to talk about Alberta's contributions to Canada, the CFS, and fiscal stabilization. I'd like to st

Finance committee  I can do that.

Finance committee  Sure. Just two days ago, Fairness Alberta released an analysis that had eight ways to reform equalization. I encourage everybody to have a look at fairnessalberta.ca. There are always economists and think tanks that often put out one or two flaws in a program, but I think we've p

Finance committee  Yes, sure.

Finance committee  The first problem, which I touched on a little bit in my comments, is that the health transfers and the social transfers are a $75-billion federal program which goes to provinces to cover provincial services. Because Albertans pay a higher proportion of income tax, we end up actu

Finance committee  As I said, Alberta has diversified a great deal since the 1980s, I think in large part due to lower taxes and lower regulations, but also from spinoffs from the wealth created by that oil sector. We are in a place where we have other things we do, of course, but it would have a p

Finance committee  Absolutely. The oil and gas sector is actually only about 25% of our economy. We have diversified considerably over the last 30 years through various means, including a lower regulatory burden and lower taxes on companies. Alberta is raring to go. Of course, when you have the th