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Addicted to Debt

Sub Title: 
Tracking Canada’s rapid accumulation of private sector debt
Author(s): 
Release Date: 
Thursday, June 22, 2017
Attached Document Title: 
Addicted to Debt: Tracking Canada’s rapid accumulation of private sector debt
Number of pages in documents: 
22 pages
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453.75 KB22 pages

This report finds that for the first time ever, Canada’s private sector is racking up debt faster than any other of the world’s 22 advanced economies, putting the country at risk of serious economic consequences. The report reveals that Canada added $1 trillion in private sector debt over the past five years (in 2016 dollars), with the corporate sector responsible for the majority of it.

Betting on Bitumen: Alberta's energy policies from Lougheed to Klein

The role of government in Alberta, both involvement and funding, has been critical in ensuring that more than narrow corporate interests were served in the development of the province’s bitumen resources. 

A new report contrasts the approaches taken by two former premiers during the industry’s early development and rapid expansion periods. 

Betting on Bitumen

Sub Title: 
Alberta's Energy Policies from Lougheed to Klein
Release Date: 
Thursday, June 8, 2017
Number of pages in documents: 
48 pages
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1.35 MB48 pages

When Alberta’s first New Democratic Party (NDP) government swept to power in 2015, it inherited over four decades of Progressive Conservative (PC) energy policies, including development of the Alberta oil sands that by 2015 had become the key driver of the province’s economy.

Will the Trans Mountain Pipeline and tidewater access boost prices and save Canada’s oil industry?

Author(s): 
Release Date: 
Wednesday, May 31, 2017
Attached Document Title: 
Trans Mountain Pipeline and Tidewater Access
Trans Mountain Pipeline and Tidewater Access - SUMMARY
Number of pages in documents: 
42 pages
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2.93 MB42 pages

One of the primary rationales for Kinder Morgan’s Trans Mountain pipeline expansion project (TMEP) is to maximize the price for Alberta bitumen by getting oil from Alberta to “tidewater”. Tidewater refers to ocean access in order to ship oil to overseas markets via tankers. Industry and the federal and Alberta governments argue that a pipeline to tidewater will unlock new markets (Asia in the case of the TMEP) where Canadian oil can command a better price than in the US, where the majority of Canadian oil is currently exported.

Faulty assumptions about pipelines and tidewater access

The federal and Alberta governments and the oil industry argue that pipelines to tidewater will unlock new markets where Canadian oil can command a better price than in the US, where the majority of Canadian oil is currently exported.

Both governments have approved Kinder Morgan's Trans Mountain Expansion Project, but a new report finds that several assumptions that led to the pipeline’s approval are questionable and that a ‘tidewater premium’ does not exist.

Offices: 

Preferential Treatment

Sub Title: 
The History and Cost of Tax Exemptions, Credits, and Loopholes in Canada
Author(s): 
Release Date: 
Thursday, May 25, 2017
Attached Document Title: 
Preferential Treatment: The History and Cost of Tax Exemptions, Credits, and Loopholes in Canada
Number of pages in documents: 
42 pages
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813.13 KB42 pages

Preferential tax treatments such as tax exemptions, credits, and loopholes have become a cash cow for Canada’s rich. This report analyzes the country’s 10 costliest preferential tax treatments, starting with the richest 10% of Canadians, which is responsible for 42 per cent of the federal money spent on these types of tax expenditures (up from 36% in 1992).

Tracking Progress

Sub Title: 
Evaluating government plans and actions to reduce greenhouse gas emissions in Canada
Release Date: 
Wednesday, May 24, 2017
Attached Document Title: 
Tracking Progress: Evaluating government plans and actions to reduce greenhouse gas emissions in Canada
Number of pages in documents: 
62 pages
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1.24 MB62 pages

This report finds that Canadian climate change policy remains underdeveloped and plagued by a wide “ambition gap” between government promises and policy action. The report breaks down the success and shortcomings of current Canadian climate policy at the federal and provincial levels, and makes recommendations that would set the country on a path toward an inclusive and productive low-carbon economy.