Editorial - Drilling for oil in the Gulf of St. Lawrence without a clue Publish Date: 05-AUG-2012 02:32 PM Buried within the more than 400 pages of this spring’s federal omnibus budget bill is an invitation for resource companies to open a new frontier in Canadian oil: the Gulf of St. Lawrence. Now, due to measures deep in the federal budget, that ecosystem may be under threat. The bill explicitly highlights the region’s potential for petroleum extraction and includes amendments to the Coasting Trade Act that give oil companies greater access to exploration vessels.
Newly released federal documents state Canada needs energy diversity Publish Date: 04-AUG-2012 02:27 PM A dependence on fossil fuel resources is making the country vulnerable to a planetary “mega trend” toward low-carbon energy that “will affect the whole of Canada’s economy,” Natural Resources Minister Joe Oliver was told in newly released internal briefing notes.
