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Calgary & Alberta Economy

trtcttc said:
The projects seem a bit random, almost all of them are existing (not surprising as a proposal doesn't get made in 6 months), but some like the Nunavut project is more of a concept. And it's unclear if there's really any regulatory hurdles as the office is very light on specifics. Meanwhile, there's $15B of fully funded projects that the feds don't care at all about.
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TBH I really wanted to see some more pro- Canada projects, but most everything so far is just destined to create a handful of jobs, and ship more resources out of the country. Little else.

Sounds like the NT hydro dam may be their version of corridor HSR, destined to remain at the consulting phase forever.

The new mines will have most material sent south or overseas.

The new reactors in ON are American designs.

The LNG terminal will be built with modules made in China.

As much as I'd love to see a Canadian MIC develop along with the increased defence spend, it looks like what we'll mostly see is accounting tricks, and foreign purchases.

Glad to see the CF members got their pay raise at least. Now if only they could get better equipment, bases and missions...
 
trtcttc said:
Meanwhile, there's $15B of fully funded projects that the feds don't care at all about.
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What is that?

The province of Alberta is very clear: oil sands are Alberta regulated projects. Much like BC's assertion for LNG (minus the marine aspects).
 
darwink said:
It was, but it was also vibes. and once the vibes were off, anyone could be part of the in crowd by parroting the same line.

The oil patch, especially small explorers ands producers, are so deep into the vibes are off feeling, that there doesn't seem to be a way to recover.
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Market dynamics are uncontrollable while the regulatory landscape is entirely controllable. Why not fix the problems that can be addressed to allow projects to move forward if the market conditions do align? Government and regulators should not concern themselves with market risk.
 
This entire Major Projects Office should be rebranded as the Major Infrastructure Bank, because that is what it is, a financing vehicle. And a very small portion of it will be the C5 National Interest Projects to override regulations. Realistically, nothing currently proposed has that big of a regulatory hurdle. The main one will be the bitumen pipeline and overriding the tanker ban and the impact assessment act.

 
trtcttc said:
A bunch of the projects on the list are mines, which are also provincial resources.
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Of the list in the article, one needs a full stem to stern regulatory review, which hasn't started (too early to be included). Of the rest, only one needs a provincial permit, and is a phase of an already approved project (doesn't need to be included).

It is weird, people criticize it for being only symbolic and then criticize it for not including projects that would only be symbolic to include at this time.

If Horizon North would benefit, CNRL can ask the province to nominate it when the application goes in.
 
CalgaryTiger said:
Wow, I thought it could never be.
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No kidding, genuinely amazing and beyond overdue...

And all it took was internet shitposts from a foreign leader to achieve what nearly 160 years of "leadership" from Ottawa failed to do.

Which BC peak should we rename to Mount Trumpmore in honor of his great contribution to this matter?
 
Chowda7 said:
globalnews.ca

B.C.-led agreement removes interprovincial trade barriers on products, except food | Globalnews.ca

The agreement, called the Canadian Mutual Recognition Agreement, was signed by all the provinces, territories and the federal government on Nov. 17.
globalnews.ca globalnews.ca
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This is great news, but am always curious how a regular person would see an impact from a mutual recognition pact like this.

It's kind of obvious that all these separate rules cause friction, costs and time. But it's also really diffuse sounding - like random widgets and business-to-business stuff - being traded in the background, that impact consumer access and cost are far down the line. It seems really hard to know if a specific regulation is a friction point or not - I'd imagine there's lots of provincial rules that are already identical, just that no one ever really checked before.

Does anyone have a real-world, practical example of how the new paradigm works differently than the existing one? Something a regular person would be able to wrap their head around :)
 
CBBarnett said:
This is great news, but am always curious how a regular person would see an impact from a mutual recognition pact like this.

It's kind of obvious that all these separate rules cause friction, costs and time. But it's also really diffuse sounding - like random widgets and business-to-business stuff - being traded in the background, that impact consumer access and cost are far down the line. It seems really hard to know if a specific regulation is a friction point or not - I'd imagine there's lots of provincial rules that are already identical, just that no one ever really checked before.

Does anyone have a real-world, practical example of how the new paradigm works differently than the existing one? Something a regular person would be able to wrap their head around :)
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For me harmonizing all the trucking regulations will have a much bigger impact economically than this.
 
The goal of our capitalist-ish economy is to reduce the need for consulting. If you don't need to bring someone in to tell you how something works and you just know it works the same way here in Alberta as it does in BC then boom, you're on your way to doing more beyond your provincial borders.
 
CBBarnett said:
This is great news, but am always curious how a regular person would see an impact from a mutual recognition pact like this.

It's kind of obvious that all these separate rules cause friction, costs and time. But it's also really diffuse sounding - like random widgets and business-to-business stuff - being traded in the background, that impact consumer access and cost are far down the line. It seems really hard to know if a specific regulation is a friction point or not - I'd imagine there's lots of provincial rules that are already identical, just that no one ever really checked before.

Does anyone have a real-world, practical example of how the new paradigm works differently than the existing one? Something a regular person would be able to wrap their head around :)
Click to expand...
This predates this paradigm, but one example was first aid kits. Every province has worker safety legislation that requires employers to have a first aid kit (and the rules on first aid kits depend on how many workers and how hazardous the work site is), but each set of legislation was slightly different. An office with 10 people in Quebec needs 25 standard bandaids, while the same office in Manitoba or BC needs 50 bandaids with a mix of shapes (e.g. knuckle) and sizes, including some waterproof ones. The Manitoba office needs 25 Loris antiseptic wipes, the Quebec office needs 25 alcohol antiseptic wipes, and the same office in BC only needs 6 Loris wipes. The Quebec office needs 6 triangular sling bandages with safety pins, Manitoba needs 3 but no pins, BC needs only 1 without pins. First aid suppliers had to stock dozens of different first aid kits, all of which were generally adequate for the job but each of which was slightly different to meet various provincial regulations. And a company with four offices across the country would need to source different kits for each office.

In this case, the provinces got together last year and adopted a CSA standard for first aid kits, where everybody needs 2 triangular bandages with pins, 50 assorted bandaids and 25 Loris wipes. This is good, but it required all the provinces and territories to negotiate on this standard (and for CSA to get involved), so it took a lot of time and effort.

The possible tricky thing with the mutual recognition pact is that whichever province has the loosest regulations is now the regulator of a given domain. If first aid kits were regulated this way and Alberta decided to pass a law saying all a workplace needed in a first aid kit was a tube of Ivermectin, a copy of the Holy Bible, a jar of expired Tylenol and a reciept for a donation to the UCP, then that would effectively be the law nationwide.
 
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