No wonder that Resource Works founder and CEO, Stewart Muir, called the Montney natural-gas reserves in Canada “British Columbia’s economic crown jewel.” The Montney Formation in BC and Aberta has an area of 130,000 km², about the size of New Brunswick and Nova Scotia combined. That’s roughly two-thirds the size of the famed Permian Basin in …
In lieu of our blog this week, an examination by Resource Works of Canada’s carbon tax and its impact on the economy, and on the oil and gas sector. Among the findings (that need attention from the next federal government): Companies have shifted from capital expenditures to record dividend payouts, signalling a lack of confidence …
Our Alliance and Resource Works present a new report by statistics expert Philip Cross. It finds LNG investments boost B.C. and Canadian economies more than other projects: a $4.1-billion investment in B.C. leads to a total increase of $4.5 billion in Canada’s GDP, and thousands of Canadian jobs. It also finds Canada has an opportunity …
There’s a “high degree of support” among First Nations for LNG in BC, finds a new report from our Alliance and BC’s Ministry of Energy, Mines and Petroleum Resources.
