- the source for market opinions


January 1, 2019 | Who gets to decide? A conversation on making the rules

VIDEO: The Canadian economy is based on free markets, competition, capitalism, and the rule of law. Should we drop this model in favour of imposing high costs onto business resulting in merely symbolic benefits? Bruce Pardy is a professor of environmental law at Queen’s University. Our Stewart Muir caught up with him at the University of […]

December 31, 2018 | OPINION: The Great American conspiracy to sabotage Canadian oilpatch

Canada’s debilitating inability to gain fair market value for its largest export commodity – crude oil – has become the top economic story of 2018. It will likely dominate headlines in 2019, writes Stewart Muir. This article appeared in the Calgary Herald on Dec. 29, 2018. Link It’s so bad that heavyweight energy investors with large […]

December 18, 2018 | Struggle Continues to Find Right Path for Climate Policy

How divided is the public conversation on carbon taxes? A hint comes from the reaction to a recent report by the Canadian Chamber of Commerce on the subject. On Dec. 13, the chamber issued a thoughtful new report entitled A Competitive Transition: How smarter climate policy can help Canada lead the way to a low carbon economy. […]

December 14, 2018 | Energy Company Letters Backfire, with Neither Municipalities nor Climate Better Off

Whistler mayor backtracked, vowed to focus on local actions where municipal efforts can actually make a difference Trial lawyers are pitching cities on climate lawsuits against energy companies in a bid to score massive payouts as part of the largest corporate shakedown in history. Recently, watchdog groups and journalists have uncovered evidence of trial lawyers […]

December 12, 2018 | British Columbia has an Opportunity to Gin from Slow Global Shift to a Lower GHG Future

The results of the CleanBC plan, should they be achieved, will have “zero effect” on the level, pattern, or growth of global greenhouse gas emissions, states a new commentary from leading business group. The Business Council of BC comment article, published on Dec. 12, found the CleanBC plan entitled Building a Low Carbon Economy: Industry in Action to […]

December 1, 2018 | Export Figures Show Why Canadians Need to Confront their Pipeline Fears

There are easy ways and hard ways to pay for the things we need in everyday life, such as vaccines. The easiest thing we can do is simply ensure that our largest export commodity, crude oil, trades for a fair price. The chart below shows the value of exports versus imports for Canada’s high-value trading […]

November 27, 2018 | Amid Automotive Turmoil, Resources Keep Nation’s Trade on Even Keel

Government moves to restrict wealth-building resource activities have grave consequences as the automotive industry sheds jobs. For Canada’s top 10 export products in 2017, results were mostly positive as 7 of the 10 recorded an increase in exports during the year. According to federal government publication Canada’s State of Trade: Trade and Investment Update – 2018, […]

November 20, 2018 | LNG Canada a “Transformational” Opportunity

VIDEO: Economist Bryan Yu from Credit 1 Credit Union shares his research findings at a Resource Works gathering in Vancouver.

November 14, 2018 | LNG: Measuring its Impact on the British Columbia Economy

Natural gas, liquefied so it can be shipped to distant markets, will be produced by the LNG Canada terminal in north west British Columbia. This new study sets out to find out what impact is created by building the unprecedented, $40 billion project. Philip Cross, Resource Works senior research fellow and 34-year veteran of Statistics Canada […]

November 13, 2018 | Explaining liquefied natural gas

As British Columbia prepares to be a true global player in clean natural gas, we’ll be providing information that provides context and meaning for the transition.            

November 8, 2018 | LNG CANADA: Where are the Opportunities?

On November 14 in Vancouver, economic experts will share their insights into how Canada’s largest-ever private sector investment will stimulate economic growth. CLICK HERE FOR TICKETS

November 6, 2018 | BC LNG Offers ‘Historic’ Benefits

On November 14, Resource Works hosts experts who will discuss the economic impact of liquefied natural gas exports to Asia. The lunch event, in downtown Vancouver, is open to the public. We still get the giggles about BC Green Party leader Andrew Weaver’s statement in March this year: “I’ve been saying for four years, there is no […]

November 2, 2018 | As New Challenges Stack Up, Crude Oil is Still the Basis of Canadian Prosperity

Though the biggest driver of innovation, economic growth and social equality in Canada is the nation’s oil & gas industry, executives from the industry face a staggering list of challenges. Crude oil exports are what pay the rent for Canada, in the words of economist Patricia Mohr, yet we seem content to watch the industry […]

October 31, 2018 | NOV. 14 EVENT – Learn how LNG Canada Project will Drive Economic Growth in B.C.

Economist Philip Cross and an expert panel will deliver valuable insights at this Vancouver lunchtime event. Many people are asking what the $40 billion LNG Canada investment in British Columbia liquefied natural gas means for the economy. As the largest single private-sector project in Canadian history, there is no doubt that LNG Canada will create […]

October 24, 2018 | A Question of Rights – the Trans Mountain Pipeline Example

VIDEO: Energy has roiled Canadian politics in the past, but today it’s a different game. Climate, indigenous rights, and the role of the courts have completely changed things. Jeffrey Simpson, author and for 32 years the Globe and Mail’s national affairs columnist, shared his thoughts Oct. 22, 2018 on how the Trans Mountain pipeline evaluation […]

October 23, 2018 | Questioning the “100% renewables” Idea Might Land You in Court

When a group of energy scholars wondered about the assumptions behind a “100% renewable” campaign, they got a nasty surprise: a $10 million libel threat. The man behind that threat is renewables crusader Mark Jacobson and this week he is in Vancouver trying to stop climate-friendly LNG exports. Imagine a world with all the energy […]

October 19, 2018 | DYK – Canada’s Oil Sands have 1/20th the Emissions of American Coal Plants

Canada’s oil sands are often maligned because they have a carbon footprint, but we often overlook just how small that footprint is. The United States, for example, relies heavily on coal for its electricity. Even though it has been lowering national emissions in recent years by replacing some of that coal with clean gas, American […]

October 18, 2018 | Carbon taxes aren’t saving the planet, but these ideas will

Resource Works executive director Stewart Muir offers his prescription for moving beyond the conflict and confusion. For one who has been a close watcher of British Columbia climate policy for the past dozen years, the current polarization in Canadian carbon politics has a familiar tone to it. That’s unfortunate, because some of the most obvious things […]

October 11, 2018 | What Would 100% Renewable Energy Look Like in B.C.?

British Columbia’s LNG exports will allow growing Asian economies to reduce their climate emissions. Should this development also mean fundamental changes to BC’s own energy system? The recent approval of LNG Canada’s liquefied natural gas export project in Kitimat has been accompanied by calculations that British Columbia domestic energy consumption will have to undergo radical […]

October 8, 2018 | 5 Reasons Why Natural Gas Week is Worth Marking

From Oct. 7 to 13, Resource Works will be observing British Columbia Natural Gas Week with a program of public service information. Producing and marketing gas in global markets is the single most influential thing British Columbians can do to reduce the impacts of climate change, so it’s fitting that this declaration comes the week after LNG […]

October 7, 2018 | Who’s in Charge of Oil Tanker Safety on Canadian coasts?

Whom to trust for information about tanker safety? As the Trans Mountain expansion project moves forward, we’re launching a series based on our popular Citizen’s Guide to Tanker Safety and Spill Response on British Columbia’s South Coast. Here’s part one. This post details the local, national and international systems that are in place to oversee […]

October 4, 2018 | October 2, 2018: The Day Canada became a Global Energy Power

Moving forward with historic $40 billion LNG Canada project means natural gas from Canada will receive its fair market value as Asian countries, desperate to lower their climate impacts, use cleaner gas to displace coal. LNG Canada will bring decades of quiet prosperity to Canada once it is completed several years from now. Gas deposits in northeast British […]

October 3, 2018 | Homeland Journey: Stories of First Nations and the land

Across western Canada, a movement is stirring. Aboriginal people, seeking to revive their cultures and preserve myriad indigenous languages, are increasingly seeing natural resources as the key to unlock their hopes and dreams. This brief video offers a sneak preview into the upcoming Homeland Journey project, a documentary looking at the future of Canada from […]

October 1, 2018 | LNG Project will Make British Columbia Carbon Neutral

19 million cars would need to be taken off the road to equal the climate benefits of LNG Canada project. It’s time for global thinking now. If the LNG Canada project is approved, expect to hear a lot more about the climate impact of using liquefied natural gas (LNG) to replace coal in Asia. No […]

September 23, 2018 | VIDEO: Communicating Complexity – Two Experts Tackle the Challenge

Whether it is climate policy, oil pipelines, mining, forest licenses, salmon farms or LNG projects, the consequences of being able to convey credible, accurate specialist information are significant. On Sept. 28, 2018, the Resource Works Advisory Council hosted a panel featuring scientist Dr. Blair King and political scientist Dr. Wenran Jiang. In their broad-ranging discussion moderated […]

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