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Canada Keeps Skirting the Oilsands Issue at the COP20 Climate Talks | Carol Linnitt

Canada Keeps Skirting the Oilsands Issue at the COP20 Climate Talks | Carol Linnitt. Canada is “flying under the radar” at this year’s UNFCCC COP20 climate talks in Lima, Peru according to Canadian Youth Delegation member Brenna Owen. Canada’s negotiators are working hard to sidestep the issue of the country’s growing greenhouse gas emissions from the oil and gas […]

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The Canadian government’s crazy approach to tar sands pollution | – Environmental Defence

The Canadian government’s crazy approach to tar sands pollution | – Environmental Defence. Yesterday in Parliament, Prime Minister Stephen Harper called regulating the largest source of carbon emissions in the country, the oil and gas sector, “crazy.” Twice. In one fell swoop, the leader of our country broke three promises to Canadians and the rest of the […]

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Canada aboriginals ready to challenge energy projects, new chief says | Canada | Reuters

Canada aboriginals ready to challenge energy projects, new chief says | Canada | Reuters. WINNIPEG, Manitoba (Reuters) – Canada’s indigenous peoples will not hesitate to use courts, political channels and activism to halt pipelines, mines or other resource projects they oppose, the new head of the country’s main aboriginal group said on Thursday. Perry Bellegarde, who […]

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Canadians Have Some Fat Debt, But Don’t Seem That Worried About It

Canadians Have Some Fat Debt, But Don’t Seem That Worried About It. The percentage of households in Canada mired in extreme debt has almost doubled since 2000, and Canadians are pretty chill about it. On Wednesday, the Bank of Canada said that 12 per cent of Canadian households — or as The Globe and Mail […]

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Oil Price Drop Expected To Surface At Provincial-Federal Finance Ministers’ Meeting

Oil Price Drop Expected To Surface At Provincial-Federal Finance Ministers’ Meeting. The topic of sliding oil prices is expected to surface this weekend when provincial finance ministers from across Canada have their first face-to-face meeting with federal counterpart Joe Oliver. Saskatchewan Finance Minister Ken Krawetz said the federal-provincial gathering begins Sunday with an informal get-together […]

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Oil Price Drop Expected To Surface At Provincial-Federal Finance Ministers’ Meeting

Oil Price Drop Expected To Surface At Provincial-Federal Finance Ministers’ Meeting. The topic of sliding oil prices is expected to surface this weekend when provincial finance ministers from across Canada have their first face-to-face meeting with federal counterpart Joe Oliver. Saskatchewan Finance Minister Ken Krawetz said the federal-provincial gathering begins Sunday with an informal get-together […]

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Canada’s Catch-22: Bankruptcies Could Soar If Economy Improves

Canada’s Catch-22: Bankruptcies Could Soar If Economy Improves. There is a Catch-22 in Canada’s economy, which is this: When things get good again, it will cause things to go bad. That’s because Canadians have taken on so much debt that a rise in interest rates could tip many borrowers at the margins into insolvency. Many […]

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Australia’s Dutch Disease More Severe Than Canada’s: Currencies – Bloomberg

Australia’s Dutch Disease More Severe Than Canada’s: Currencies – Bloomberg. The currency market is diagnosingAustralia with a worse case of “Dutch Disease” than Canada as the commodity-heavy economies suffer the fallout from slumping prices. After a decade-long boom in raw materials that pushed up their exchange rates, manufacturing in both countries is shrinking and some economists are drawing parallels to the Netherlands […]

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Ontario Auditor General Warns Province Is In A Debt Spiral

Ontario Auditor General Warns Province Is In A Debt Spiral. Ontario’s auditor general is sounding the alarm about the province’s ballooning debt in her annual report, warning that it continues to grow faster than the province’s economy. In her 600-page annual report released Tuesday, Bonnie Lysyk cautioned that despite Ontario’s work to eliminate its deficit, […]

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Canada To Fall Way Short Of 2020 Climate Change Targets

Canada To Fall Way Short Of 2020 Climate Change Targets. Canada remains well short of meeting its international 2020 climate change commitment, Environment Canada reported Monday, even if the economy tanks and global oil and gas prices remain on the skids. Even under the worst-case scenario, the 2014 Emissions Report says Canada would still fail […]

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Canadian Banks’ Revenue Threatened By Falling Oil Prices

Canadian Banks’ Revenue Threatened By Falling Oil Prices. TORONTO – Oil prices that reached a five-year low on Friday are starting to take a bite out of profits at TD Bank (TSX:TD) and raising concerns for the rest of the country’s top lenders. Canada’s biggest banks earn up to 20 per cent of their revenues […]

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Is The Canadian LNG Export Dream Dead?

Is The Canadian LNG Export Dream Dead?. Lower oil prices have killed off major plans for liquefied natural gas exports from Canada’s west coast. On December 2 the state-owned oil company of Malaysia, Petronas, decided to shelve plans to build an enormous LNG export terminal in British Columbia, citing the falling price of oil. It is common […]

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Stop Stephen Harper’s Assault on our National Parks | Elizabeth May

Stop Stephen Harper’s Assault on our National Parks | Elizabeth May. Unlike our current Prime Minister’s attack on climate policy and push for every pipeline and tanker in sight, this one is flying under the radar. In fact, Conservative Party talking points make great claims of having expanded the national park system. The following is from the […]

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Survey shows Canadians want action on climate change | News

Survey shows Canadians want action on climate change | News. Most see B.C.-style carbon tax as part of the solution VANCOUVER — As Canada’s environment minister heads to the United Nations climate change summit this week, a survey on Canadians’ views about climate change reveals an overwhelming majority (88 per cent) want Canada to commit to significant […]

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Information Commissioner Pleads Poverty, Tory MPs Say Raise Fees

Information Commissioner Pleads Poverty, Tory MPs Say Raise Fees. Conservative MPs are proposing that the government raise user fees for access to information requests, charging businesses and journalists more money to help mitigate a series of budget cuts that have damaged the already-ailing system. The comments from several government MPs at a House of Commons committee Thursday came in response […]

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