Research Paper showing that while the global demand for hydrocarbons is expected to keep increasing at least until 2040, Canada’s oil and gas sector is facing serious challenges
According to the International Energy Agency, the global demand for hydrocarbons is expected to keep increasing at least until 2040. Yet in Canada, during the past year or so, an unusually large number of major events—essentially all negative—affected the oil and gas industry. The departure of international companies, pipeline project delays, and unprecedented discounts on Western Canadian Select (WCS) are just some of the signs that the country’s oil and gas sector is facing serious challenges.
Presentation by Vincent Geloso, Ph.D., Professor of Economics, King's University College, and Associate Researcher at the MEI, and Germain Belzile, Senior Lecturer, HEC Montréal, and Senior Associate Researcher at the MEI , as part of the Committee on Transportation and the Environment, in Quebec City.
Viewpoint illustrating the negligible impact of Quebec’s emissions on the global climate
The Quebec government has on many occasions signalled its commitment to fighting climate change. The province has set several targets for reducing greenhouse gas (GHG) emissions, aiming to have them disappear almost completely by 2050. Yet Quebec’s share of global GHG emissions is so tiny that achieving the provincial objectives would have an insignificant impact on the evolution of the temperature of the planet.
Research Paper showing the support of many indigenous communities for resource development, and how this can be a path toward economic empowerment
The media often convey the impression that First Nations wish to earn a living from traditional activities alone and have little interest in the development of their communities. Yet while some oppose mining and forestry or the building of energy infrastructure, others favour such development and wish to take advantage of the resulting wealth and jobs. This paper focuses on cases where First Nations decided to become involved in the development of resources on their territory, and on the benefits they derived from this involvement.
Economic Note proposing some solutions to the ineffectiveness of the governmental approval process for energy projects
In recent years, numerous national energy projects have been cancelled or substantially delayed in Canada due to the ineffectiveness of the governmental approval process. This situation is alarming, given the contribution of the energy sector to the Canadian economy, but also our loss of competitiveness relative to our main trading partner. Indeed, the United States has put in place a series of reforms aimed at reducing the regulatory burden for businesses, while here, we are heading in the opposite direction.
Economic Note showing how technological change enables increased production while using fewer trees
The accumulation of knowledge and technological change have led to a significant shift in forestry practices. As a result, forestry is now a sustainable activity supporting the economy in many parts of Canada. Despite this reality, various popular myths lead people to believe that wood harvests need to be reduced to ensure forest survival. On the contrary, the potential of Canadian forests is in fact underutilized, presenting opportunities for hundreds of forest-dependent towns and regions across the country.