- the source for market opinions


October 28, 2020 | Big Questions About Net Zero

We’re still awaiting the rules and regulations that the federal government is drafting to execute its plan to achieve net-zero emissions in Canada by 2050. Industries and resource projects from coast to coast to coast know they will be compelled by 2050 to eliminate or offset greenhouse-gas emissions, but how?   The draft rules and […]

October 26, 2020 | Count on Canada for Critical Minerals

As the world becomes more and more digital, and manufacturing becomes greener, there will be increasing demand for critical metals, minerals and rare earths. And Canada can play a key role in supplying them. The World Bank sees future demand like this: “Over 3 billion tons of metals and minerals will be needed by 2050 […]

October 23, 2020 | BC Mining in Deep Carbon Pricing Trouble

BC mining industry contribute $7.4 billion to BC’s economy (GDP). It spends $3 billion to purchase goods and services from 3,700 small, medium and Indigenous businesses in 215 BC communities. And it spends $330 million on exploration. So how is this critical industry coping with the carbon price? And why do governments seem set on making […]

October 19, 2020 | TMX Pipeline Will Serve Cleaner Canadian Oil To Eco-Cconscious California

Climate statistics from California show that the long-awaited new pipeline will usher in an era of cleaner choices for the populous state. An oil tanker bound for Asia leaves Canada’s west coast, tethered to a tug for added safety. Photo: Resource Works News. What the statistics tell us Every day, a flotilla of tankers from […]

October 9, 2020 | 12 Things to Know About Ottawa’s Clean Fuel Standard

The federal Clean Fuel Standard (CFS) is coming soon. Here are 12 things you need to know (and what it will cost you). 1. The federal government says: “The objective of the Clean Fuel Standard (CFS) is to achieve up to 30 million tonnes of annual reductions in greenhouse gas emissions by 2030, making a significant contribution toward exceeding Canada’s […]

October 7, 2020 | Hydrogen Is On The Way

  A fellow we see constantly on social media greets pretty much every post about oil and gas with a simple: “H2 is the answer.” We can understand his enthusiasm for hydrogen, a fuel you can burn to provide energy, and the only emission at the end is … water. No greenhouse gases, no noxious […]

October 6, 2020 | New Study Shows How Natural Resources are Drivers of a Diverse Local Economy

Residents of Campbell River looked to define and describe the pillars of the local economy. A paper by the Campbell River Business Recovery Task Force zeroes in on challenges to businesses and industries from Covid-19. It was tabled with the City of Campbell River at a meeting on Oct. 6, 2020. The report can be accessed here. Like […]

October 4, 2020 | Workable Climate Policy Takes More Than Optimistic Words

Slapping the word “clean” on a policy signifies high hopes for its environmental effects. That sparkle wears off quickly if the result turns out to be costly, clunky or counterproductive because it is driven by the stick of regulation rather than the carrot of positive business incentivization. Stewart Muir looks at how market-driven solutions can […]

September 30, 2020 | Consumers Will Shoulder Cost of Deferring Workable Climate Policy

Slapping the word “clean” on a policy is meant to be an instant badge of its miraculous environmental effect. That sparkle is wearing off: more appropriate terms include costly, clunky and counterproductive. Stewart Muir looks at the situation. The federal Clean Fuel Standard (CFS) is the latest case in point, yet policymakers are so far […]

September 25, 2020 | Understanding Future Demand for Heavy Oil

Scientist and public communicator Blair King, PhD, explains why the Trans Mountain Pipeline Expansion project is a good bet for Canada.   Here’s why Alberta oil will remain relevant in a post-pandemic world In the last couple weeks the campaign against the Trans Mountain Pipeline Expansion (TMX) project has been turned up to 11. My […]

September 24, 2020 | 8 Reasons We’re Not as Divided as you Might Think on Energy and Climate

Canadians agree strongly that oil and gas is important to the country’s current and future economy, they support environmentally responsible development of the sector, and they support oil and gas exports. Here are some findings from a new uOttawa survey. A research centre at the University of Ottawa released public opinion survey results in mid-September […]

September 23, 2020 | Lower Nicola Indian Band Chalks Up Several Firsts with Pipeline Service Project

First Nation-owned transmission line near Merritt brings BC Hydro green power to Trans Mountain pipeline. Stuart Jackson, chief of the Lower Nicola Indian Band (LNIB) and and chair of its development corporation, said in a news release dated Sept. 14 that the distribution line is “the first electricity transmission line to be majority-owned, operated, maintained […]

September 22, 2020 | A Corridor to Prosperity?

What if Canada had a dedicated nation-wide “corridor” for infrastructure: road, rail, power, telecom, cyber and pipelines? What if Canada had a dedicated nation-wide “corridor” for infrastructure: road, rail, power, telecom, cyber and pipelines? It’s a vision of the non-profit, non-partisan C2C2C Unity Corridor Foundation: “A safe, secure and sustainable nation-wide infrastructure pathway will link the country, open vast, […]

September 21, 2020 | The Oil Sands Aren’t Dying – and Canada Still Needs Them to Thrive

This opinion article from our Stewart Muir was published by The Globe & Mail on Sept. 16, 2020. Stewart Muir (pictured) is executive director of Resource Works based in Vancouver and convened the recent Task Force For Real Jobs, Real Recovery. This article can also be read at this link by Globe & Mail subscribers. Back in May, […]

September 20, 2020 | Mass Timber Becoming Must Timber

We’ve kept an eye on mass-timber buildings since the Tallwood House student residence at UBC was topped off (in 2016) at a world-record 53 metres and 18 storeys. Resource Works catches up on the latest trends. Tallwood was an early leader in some other strengths of “plyscrapers.” It met LEED Gold environmental standards, and it used sustainable […]

September 13, 2020 | Report Finds Public Trust Levels in Forestry Linked to Low Awareness

Calling for objective reporting about British Columbia forest management, the old growth study is a call to action for educational efforts to bring context and build understanding. Much of the public is not well informed or engaged regarding old forests and forest management, according to a provincial study released Sept 12. “This appears to be […]

September 12, 2020 | Amid COVID-19 Economic Strains, Forest Recommendations Weigh Heavily

NEWS ANALYSIS: Residents of dozens of British Columbia forest communities are on edge. Will the province’s most renewable industry be allowed to continue after the release of a new provincial study? Stewart Muir looks at the facts. While there’s no telling what the Gorley-Merkel report on old growth forestry management will say when it is released in the […]

September 11, 2020 | Task Force Raises the Bar for Envisioning a Clean and Prosperous Future

The Real Jobs, Real Recovery initiative brought together 36 organizations from across Canada to show a leadership path for decision making at the national level. Resource Works served as the convening platform for the project, marking the first time the BC-based organization has stepped up to a national mandate. “The timing was right for the […]

September 10, 2020 | National Forest Week: “Healthy Forests, Healthy Future

British Columbia municipalities including Prince George are declaring National Forest Week Sept. 20-26 locally as the commemoration celebrates 100 years. Resource Works is partnering with the Canadian Institute of Forestry / Institut forestier du Canada to support British Columbia forest communities in marking National Forest Week, Sept. 20-26. Prince George was among the first municipalities […]

September 9, 2020 | Natural Resources? Cut the Red Tape

One of many things for Ottawa to address as it drafts Canada’s post-pandemic economic recovery: red tape. Red tape – the elaborate and time-eating processes of application, review, public input, hearings, evaluation and (if lucky) final approval of major natural-resource projects in Canada. One oft-cited example is the $11.4-billion Pacific NorthWest LNG project in BC […]

September 8, 2020 | Imagining the Future of Canada’s Oil and Gas Industry

Building backward, not building back better, is the risk of shunning innovation in the four-fifths of global energy that comes from fossil fuels. A recent opinion piece in The Globe and Mail said that “Canada shouldn’t spend to revive a dying dream” – another shot at the country’s largest industry – the natural gas and oil sector. […]

September 7, 2020 | Rewriting the Rules for Radicals

Fresh hope for a pandemic playbook for 2021 that will help guide the Canadian energy sector out of today’s doubt and uncertainty. Canada’s most valuable single natural resource asset today is the Athabaska oil sands. Since the identification during World War II as having strategic economic potential, they have led to a positive transformation in […]

August 17, 2020 | Task Force delivers solutions for the future of natural resources in Canada

The Real Jobs, Real Recovery is a national project drawing on the input of organizations representing more than 3 million Canadian workers. Resource Works was convenor for the Task Force for Real Jobs, Real Recovery, a Canada-wide 36-member coalition of industry, business, labour and Indigenous groups from mining, construction, forestry, labour, chemistry, transportation, oil & gas […]

August 8, 2020 | Recovery Strategy: “Focus on the Leading Economic Engines”

It turns out that industries producing the materials at the centre of modern life can be a driving force for economic recovery after the pandemic. Stewart Muir looks at how the new Stronger Tomorrow strategy looks to leverage, and evolve, longstanding job and GDP pillars in the natural resource sector. Timely ideas Released July 29 […]

August 7, 2020 | How Natural Resources Can Relaunch the Canadian Economy

In the COVID-19 recovery phase, natural resources are well-positioned to step in to assume their traditional leadership role in creating wealth and jobs for Canadians, writes economist Philip Cross. Natural resources are the largest industry in Canada outside of government, generating $262 billion or 13.9 percent of GDP in 2016. Their relative importance has only […]

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