- the source for market opinions


July 7, 2020 | The Green Recovery – and some inconvenient truths

Wishful thinking and empty promises aren’t helping with the needed energy transition. It’s time to turn our minds and our will to the hard work of transformation by mid century based on the realities of our society and our economy, writes Mike Cleland. Canada’s two energy economies Most Canadians today agree that Canada and other […]

June 29, 2020 | Hydrogen: Grey, Blue, and BC Green

We have a social-media follower that we can count on to tell us, frequently, that the real “fuel of the future” is hydrogen. We can understand his thinking: What better than a zero-emission fuel that, when burned, leaves behind nothing but water? No greenhouse gases or noxious particles; no pollution, no problem. Hydrogen also burns […]

June 22, 2020 | Energy Transition: Canada’s Policy?

The last crystal ball we had was a kid’s marble from a Christmas cracker. So we’re not about to make our own predictions about the fate of oil. We’ll ignore Green MP Elizabeth May’s silly claim that “oil is dead,” and will look instead at what professional predictors are seeing in their digital crystal balls. […]

June 16, 2020 | Legislators Get a Briefing on the State of the Natural Resource Sector

Resource Works looks at presentations made by forestry, mining, energy and ranching representatives to British Columbia MLAs. Stained glass windows in the British Columbia Legislature. It’s an annual ritual in Victoria: civil society organizations representing a vast range of interests troop one by one before legislators to provide the latest information about the challenges and […]

June 12, 2020 | REALITY CHECK: Guess Who’s Got the Most to Lose from Rash Decisions on Economic Recovery?

We’re at a moment of economic stress, with competing visions for how Canadian society should return to normalcy through the pandemic crisis. Stewart Muir looks at the situation. Road to pandemic recovery It’s plain to see that pursuing successful recovery means choosing responsible utilization of the natural resources owned by each province. Now more than […]

June 9, 2020 | Coming up: BC’s Cleanest LNG

Look out. Look ’way out. And stop looking at today’s depressed spot prices in a rocky world market that’s too full of surplus LNG. Look instead to, say, 2024-2025 – which is where the investors in Woodfibre LNG and LNG Canada are looking. They expect by then, as they prepare to go into production, strong […]

June 6, 2020 | Fighting Fear and Uncertainty in the Economic Recovery

The coronavirus pandemic represents the largest disruption of BC’s labour market in our history. Uncertainty and fear among many businesses, workers, customers and the general public about the continuing pandemic affects how we grasp the new normal and move beyond the crisis. Human resources expert Kerry Jothen weighs in. British Columbians will only resume their […]

June 4, 2020 | 10 Ways To Improve Unity and Prosperity in Turbulent Times

Like never before, providers of materials essential to society are under pressure to accept and lead change. Finding inspiration in this dynamic setting means seeking out ideas that can survive in the real world. Stewart Muir looks at some of the ways that people – especially those who work in natural resource fields – are […]

May 28, 2020 | Green Pressure on Canada Escalating, Rapidly

So supporters of a big shift to “green” are putting heat on our federal government to turn Canada into a shiny world leader for renewable energy, now that “oil is dead.” They promote it to Ottawa as a part of the new normal they want to follow the COVID-19 pandemic. But does this logic make […]

May 22, 2020 | Questions abound in fate of Wet’suwet’en governance

Non-Indigenous elected officials are staying quiet about a title deal made with a small group of unelected hereditary chiefs, despite calls for transparency from elected Wet’suwet’en chiefs. What’s really going on in this challenging situation? Stewart Muir, who travelled widely in the affected areas earlier this year, weighs the facts so far. Band headquarters (including […]

May 20, 2020 | Whoa, did activist Bill McKibben just cite Resource Works in Rolling Stone?

Resource Works, already recognized by UVic researchers as one of Canada’s Top 50 most influential organizations in the resource space, has now caught the attention of an American anti-tar-sands crusader writing in Rolling Stone magazine. Journalist Bill McKibben has embellished his career by spinning alarming tales about the Canadian energy sector while denying the progress […]

May 18, 2020 | Four Things That District of Squamish Councillors are Getting Wrong about Woodfibre LNG

Pushed by anti-LNG pressure groups, District of Squamish councillors have decided to offer their own response to emissions reduction guidelines set by the Intergovernmental Panel on Climate Change (IPCC), urging the BC Environmental Assessment Office to refuse a five-year environmental certificate extension for the $1.6 billion Woodfibre LNG project. The councillors supporting this motion are […]

May 4, 2020 | REPORT: Team Canada for the Rebuild

The COVID-19 response has changed the boundaries between the public and the private sectors. Post-pandemic Canada will have to function differently than pre-pandemic Canada. This May 2020 report, prepared for Resource Works by Karen Graham of KMG Strategy, argues that Canadian decision-makers should take the opportunity of this enforced pause to consider appropriate public policy […]

April 23, 2020 | CHARTS: A Timely Reminder of What Natural Resources Do for Canada

With humanity demanding products like masks, hand sanitizer, toilet paper, reliable 24/7 fuels and medical products based on plastic and metal, there’s no getting away from it: the world needs Canada’s resources. And herein lies the solution for troubled times. Myths of natural resources A commonly heard myth is that you can’t have a resource-based […]

April 20, 2020 | One Year of Delay Adds $812 Million to a Canadian Pipeline’s Costs: Study

Unrecoverable personnel and overhead costs make up 90 per cent of losses due to regulatory delays. The study, conducted by the Canadian Energy Research Institute and released on April 6, 2020, drew on actual costings for the Trans Mountain Expansion (TMX) and the Coastal Gas Link pipelines. “The cost of a delay to a project can […]

April 13, 2020 | Double Testing – Blood and Saliva – is the Quickest Way Canadians Can Get Back to Normal for as Long as we are without a Coronavirus Vaccine

NEWS ANALYSIS: Health Canada has yet to approve a single blood test despite having 34 products under review, writes Stewart Muir. A faster approach that protects health is needed. APRIL 12, 2020 – Until such time as there is a coronavirus vaccine, the number one public health question will remain whether a person has either […]

April 12, 2020 | Innovation and Regulatory Certainty will be Central to Restarting Canada’s Economy Post-COVID-2019

Stewart Muir and Margareta Dovgal look at emerging ideas for a strong recovery from the pandemic. A recent paper from David Williams of the Business Council of British Columbia points to Canada’s nagging inability to improve living standards for its residents. Comments Williams: “Once the COVID-19 crisis has passed, it will be important for policymakers to start […]

April 7, 2020 | How the Natural Runners Brought a Light Touch to the Story of Natural Resources

The annual Vancouver Sun Run attracts 50,000 entrants each April for a festive 10 km race. Sadly, in 2020 there won’t be a race due to the pandemic. However, here’s some good news. While there won’t be a Spring 2020 sighting of the Resource Works Natural Runners, don’t worry: we’ve got you covered. Here are […]

April 6, 2020 | Critical Thinking Matters Amid Calls for Folding up Canada’s Oil & Gas Sector

Renewables-only advocates have seized upon the pandemic as a way to pressure federal politicians into using their powers to deep-six Canada’s domestic oil and gas industry, writes Stewart Muir. Current circumstances offer a once-in-a-lifetime chance to usher in a new era of consequence-free energy drawn from carbon-free sources, or so the argument goes. Some pressure […]

March 30, 2020 | Notes from Flight 163, the Oil Sands Shuttle from Toronto to Edmonton

“On a recent Monday morning, I found myself on Air Canada Flight 163 from Toronto Pearson to Edmonton,” writes Stewart Muir. “As the plane loaded, I began to sense there was something not so regular about the passengers boarding the Airbus 320 for a regularly scheduled flight.” Unlike those I more typically see on my […]

March 20, 2020 | Resource Sector Finds Ways to Carry on Despite COVID-19 Crisis

But government support needed to weather the storm. Don Hauka filed this report assessing the status of natural resource projects including CGL and Site C. “Now that the federal government has laid out some of its measures it’s time to look at what can be done provincially to ensure that job creators can withstand economic […]

March 17, 2020 | Our LNG? Yes, there is a market.

It was sad to see Andrew Weaver citing health reasons as he stepped down as leader of the BC Green Party, and announced he would not seek re-election as MLA for Oak Bay-Gordon Head. We had to respect his tenacity in the legislature as a champion of fighting climate change, and for seeking to keep […]

March 12, 2020 | National Energy Policy? Where?

It should be no surprise to learn that Teck’s decision to back-burner its $20-billion Frontier oilsands mine was preceded by secret thumbs-down signals from some federal cabinet ministers. As disclosed by The Globe and Mail, “Several Liberal ministers worked behind the scenes earlier this year against Teck Resources Ltd.’s proposed oil sands mine in Alberta, according […]

February 11, 2020 | Health Authority Monitoring on-leave Employee Heading up Taxpayer-Funded Protest Camp

A British Columbia civil servant has a surprising second job – she is a director at the Unist’ot’en camp originally created to block any pipeline that might be planned for a North West corridor. Her government employer is monitoring the situation, just weeks after $400,000 in public funding was announced for the camp. Veteran journalist […]

February 5, 2020 | Consultation, Accommodation, No Veto

We will ignore, for the moment, the Twitter photo of BC First Nations activists with raised middle fingers, and the adolescent message: “F*** your white supremest #TransMountain pipelines!” We will note, though, this from Tsleil-Waututh Nation member Will George: “if it has to get ugly, it will get ugly.” And this from the Wilderness Committee: “Communities […]

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