Days of fossil fuels aren’t over, but for Canada they are shrinking

Ottawa’s role should be to help Western Canada make the transition to a low-carbon economy, and that should be Jason Kenney’s role as well.

Even as recently as February of this year, Alberta Premier Jason Kenney was banking on rising oil prices to balance the province’s budget. Kenney’s March budget, assumed oil prices averaging US$62 a barrel this year and US$63 a barrel next year. These were higher than private-sector forecasts.The Hill Times photograph by Andrew Meade

Opinion

BY David Crane

April 30, 2020

TORONTO—As the International Energy Agency says, “the global oil industry is experiencing a shock like no other in its history.” The collapse in prices and dramatic cuts in demand, with ongoing production having no place to go, has devastated Alberta and Newfoundland, prompting desperate cries...

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