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Chretien Consensus
End of the CHRÉTIEN CONSENSUS? Jason Clemens Milagros Palacios Matthew Lau Niels Veldhuis Copyright ©2017 by the Fraser Institute. All rights reserved. No part of this book may be reproduced in any manner whatsoever without written permission except in the case of brief quotations embodied in critical articles and reviews. The authors of this publication have worked independently and opinions expressed by them are, therefore, their own, and do not necessarily reflect the opinions of the Fraser Institute or its supporters, Directors, or staff. This publication in no way implies that the Fraser Institute, its Directors, or staff are in favour of, or oppose the passage of, any bill; or that they support or oppose any particular political party or candidate. Date of issue: March 2017 Printed and bound in Canada Library and Archives Canada Cataloguing in Publication Data End of the Chrétien Consensus? / Jason Clemens, Matthew Lau, Milagros Palacios, and Niels Veldhuis Includes bibliographical references. ISBN 978-0-88975-437-9 Contents Introduction 1 Saskatchewan’s ‘Socialist’ NDP Begins the Journey to the Chrétien Consensus 3 Alberta Extends and Deepens the Chrétien Consensus 21 Prime Minister Chrétien Introduces the Chrétien Consensus to Ottawa 32 Myths of the Chrétien Consensus 45 Ontario and Alberta Move Away from the Chrétien Consensus 54 A New Liberal Government in Ottawa Rejects the Chrétien Consensus 66 Conclusions and Recommendations 77 Endnotes 79 www.fraserinstitute.org d Fraser Institute d i ii d Fraser Institute d www.fraserinstitute.org Executive Summary TheChrétien Consensus was an implicit agreement that transcended political party and geography regarding the soundness of balanced budgets, declining government debt, smaller and smarter government spending, and competi- tive taxes that emerged in the early 1990s and lasted through to roughly the mid-2000s. -
Suncor Q3 2020 Investor Relations Supplemental Information Package
SUNCOR ENERGY Investor Information SUPPLEMENTAL Published October 28, 2020 SUNCOR ENERGY Table of Contents 1. Energy Sources 2. Processing, Infrastructure & Logistics 3. Consumer Channels 4. Sustainability 5. Technology Development 6. Integrated Model Calculation 7. Glossary SUNCOR ENERGY 2 SUNCOR ENERGY EnergyAppendix Sources 3 202003- 038 Oil Sands Energy Sources *All values net to Suncor In Situ Mining Firebag Base Plant 215,000 bpd capacity 350,000 bpd capacity Suncor WI 100% Suncor WI 100% 2,603 mmbbls 2P reserves1 1,350 mmbbls 2P reserves1 Note: Millennium and North Steepank Mines do not supply full 350,000 bpd of capacity as significant in-situ volumes are sent through Base Plant MacKay River Syncrude 38,000 bpd capacity Syncrude operated Suncor WI 100% 205,600 bpd net coking capacity 501 mmbbls 2P reserves1 Suncor WI 58.74% 1,217 mmbbls 2P reserves1 Future opportunities Fort Hills ES-SAGD Firebag Expansion Suncor operated Lewis (SU WI 100%) 105,000 bpd net capacity Meadow Creek (SU WI 75%) Suncor WI 54.11% 1,365 mmbbls 2P reserves1 First oil achieved in January 2018 SUNCOR ENERGY 1 See Slide Notes and Advisories. 4 1 Regional synergy opportunities for existing assets Crude logistics Upgrader feedstock optionality from multiple oil sands assets Crude feedstock optionality for Edmonton refinery Supply chain Sparing, warehousing & supply chain management Consolidation of regional contracts (lodging, busing, flights, etc.) Operational optimizations Unplanned outage impact mitigations In Situ Turnaround planning optimization Process -
2005 Annual Report
Preserving and Promoting Western Heritage and Values The Calgary Exhibition & Stampede is a volunteer supported, not-for-profi t organization that preserves and promotes western heritage and values. Our organization began as an agricultural fair in 1886, but continues to grow and evolve in step with Calgary. TABLE OF CONTENTS Organizational Highlights 01 Financial Report 07 Consolidated Financial Statements 10 Stampede Leadership 24 Our Volunteers 26 Full-time Staff 40 Sponsors 42 2005 Calgary Stampede Event Champions 45 1 ORGANIZATIONAL HIGHLIGHTS The Calgary Exhibition & Stampede had a remarkable 2005. It was a year of special celebration and signifi cant achievement, a year of embracing the past while pushing ahead toward a bold, new future. Our entire organization – from the 2,200 volunteers and 1,600 employees, to our many sponsors and community partners – should look back with pride, and look ahead with excitement. A MEMORABLE CENTENNIAL With the history of the Stampede so entwined with the history of Alberta, it was natural for our organization to embrace the province’s Centennial with a full year of initiatives that celebrated western heritage and values. Among our many Centennial highlights, we: established the Calgary Stampede Western Legacy Awards that honoured Dr. Frits Pannekoek, Ryan Perez, and Roy and Lenore McLean for their unique contributions to our heritage; conducted a youth essay contest that saw Alyssa Wheeler, Meredith Pritchard and Beth Anna Heslop each earn a place at the front of the 2005 Stampede Parade; unveiled -
March 4, 1996 Economic Development and Tourism DSS1
March 4, 1996 Economic Development and Tourism DSS1 Legislative Assembly of Alberta THE CHAIRMAN: Well, I'm just going by my gut reaction. They were properly notified of the start-up time of the meeting. Title: Monday, March 4, 1996 Designated Subcommittee We have to have one-third of the subcommittee members here for Date: 96/03/04 a quorum. They choose not to be here. They've got a clock like 8:03 a.m. everyone else. If they choose not to be here on time – we're [Chairman: Mr. McFarland] passing a procedural motion not because they're not here but, in Committee of Supply: Designated Supply Subcommittee essence, the time. If we give them the first two hours, we'll Economic Development and Tourism listen to the minister's comments and perhaps have some informal discussion or questions of our own. THE CHAIRMAN: Okay, ladies and gentlemen. It's three minutes after 8 by my watch. We'd like to get the meeting on the MR. DUNFORD: Am I to understand that the motion we are move. It's a four-hour schedule, and as per the meetings from about to vote on is a request by the Liberal opposition party? last year, we have a procedural motion that we need to have discussed and passed. It was my understanding and for the record THE CHAIRMAN: Sorry. Diane was asking me a question. I guess we'll note that there are no Official Opposition members here at 8 o'clock, the starting time. We have to allocate four hours without unanimous consent, and MR. -
Q4 News Release
Q4 News Release Calgary, February 2, 2021 TSE: IMO, NYSE American: IMO Imperial announces fourth quarter 2020 financial and operating results Fourth quarter net loss of $1,146 million, which includes a non-cash impairment charge of $1,171 million Cash generated from operations in the fourth quarter of $316 million, which includes unfavourable working capital effects of $218 million Highest quarterly upstream production in 30 years, driven by record production at Kearl Exceeded full-year cost reduction targets, with production and manufacturing expenses down $985 million from 2019, representing a savings of 15 percent compared to 2019 Full-year capital expenditures of $874 million, in line with the company’s most recent guidance, and less than half of 2019 expenditures Maintained dividend throughout the year, returning over $900 million to shareholders through dividends and share purchases in 2020 Fourth quarter Twelve months millions of Canadian dollars, unless noted 2020 2019 ∆I 2020 2019 ∆I Net income (loss) (U.S. GAAP) (1,146) 271 -1,417 (1,857) 2,200 -4,057 Net income (loss) per common share, assuming dilution (dollars) (1.56) 0.36 -1.92 (2.53) 2.88 -5.41 Capital and exploration expenditures 195 414 -219 874 1,814 -940 “The past year has proved an exceptionally challenging one, not only for the company and our employees, but society at-large,” said Brad Corson, chairman, president and chief executive officer. “Against significant headwinds, Imperial’s operational performance and cost management efforts have exceeded expectations. We set aggressive targets for capital and expense reductions in the first quarter of 2020, and we surpassed those targets. -
MINES and MINERALS Exploration and Development Continued Not
538 MINES AND MINERALS Exploration and development continued not only unabated but accelerated. During 1948 rotary bits drilled 1,663,687 ft. into the earth compared with 882,358 ft. in 1947 and 401,920 ft. in 1946. At the end of the year, 65 exploration parties were carrying out operations, most of them north of the North Saskatchewan River. The 1948 revenue to Alberta crude oil producers amounted to $35,127,751 as compared with $18,078,907 in 1947. Early in 1949, the capacity of the Alberta refinery, estimated at 35,250 bbl. daily, was found to be insufficient to handle the average daily production of crude oil, not including natural gasoline, which was 50,673 bbl. at May 1, 1949. To remedy the situation a pipeline with a capacity of 40,000 bbl. daily is being constructed from Edmonton to the Head of the Lakes. The following table gives production by fields in 1948. 24.—Production of Alberta Oil Fields, 1948 NOTE.—Figures for total production of petroleum for 1922-46 are given at p. 473 of the 1947 Year Book' and production in the different fields for 1947 at p. 477 of the 1948-49 edition. Field Quantity Field Quantity bbl. bbl. 4,900,739 112,331 4,657,371 36,8751 648,055 17,131 Taber 201,527 30,215 189,712 179,627 Totals 10,973,583 1 Three months. The Tar Sands and Bituminous Developments*—Alberta, in its bituminous sands deposit at McMurray, has the greatest known oil reserve on the face of the earth. -
Secure Fuels from Domestic Resources ______Profiles of Companies Engaged in Domestic Oil Shale and Tar Sands Resource and Technology Development
5th Edition Secure Fuels from Domestic Resources ______________________________________________________________________________ Profiles of Companies Engaged in Domestic Oil Shale and Tar Sands Resource and Technology Development Prepared by INTEK, Inc. For the U.S. Department of Energy • Office of Petroleum Reserves Naval Petroleum and Oil Shale Reserves Fifth Edition: September 2011 Note to Readers Regarding the Revised Edition (September 2011) This report was originally prepared for the U.S. Department of Energy in June 2007. The report and its contents have since been revised and updated to reflect changes and progress that have occurred in the domestic oil shale and tar sands industries since the first release and to include profiles of additional companies engaged in oil shale and tar sands resource and technology development. Each of the companies profiled in the original report has been extended the opportunity to update its profile to reflect progress, current activities and future plans. Acknowledgements This report was prepared by INTEK, Inc. for the U.S. Department of Energy, Office of Petroleum Reserves, Naval Petroleum and Oil Shale Reserves (DOE/NPOSR) as a part of the AOC Petroleum Support Services, LLC (AOC- PSS) Contract Number DE-FE0000175 (Task 30). Mr. Khosrow Biglarbigi of INTEK, Inc. served as the Project Manager. AOC-PSS and INTEK, Inc. wish to acknowledge the efforts of representatives of the companies that provided information, drafted revised or reviewed company profiles, or addressed technical issues associated with their companies, technologies, and project efforts. Special recognition is also due to those who directly performed the work on this report. Mr. Peter M. Crawford, Director at INTEK, Inc., served as the principal author of the report. -
Imperial Standard: Imperial Oil, Exxon, and the Canadian Oil Industry from 1880
University of Calgary PRISM: University of Calgary's Digital Repository University of Calgary Press University of Calgary Press Open Access Books 2019-04 Imperial Standard: Imperial Oil, Exxon, and the Canadian Oil Industry from 1880 Taylor, Graham D. University of Calgary Press Taylor, G. D. (2019). Imperial Standard: Imperial Oil, Exxon, and the Canadian Oil Industry from 1880. "University of Calgary Press". http://hdl.handle.net/1880/110195 book https://creativecommons.org/licenses/by-nc-nd/4.0 Downloaded from PRISM: https://prism.ucalgary.ca IMPERIAL STANDARD: Imperial Oil, Exxon, and the Canadian Oil Industry from 1880 Graham D. Taylor ISBN 978-1-77385-036-8 THIS BOOK IS AN OPEN ACCESS E-BOOK. It is an electronic version of a book that can be purchased in physical form through any bookseller or on-line retailer, or from our distributors. Please support this open access publication by requesting that your university purchase a print copy of this book, or by purchasing a copy yourself. If you have any questions, please contact us at [email protected] Cover Art: The artwork on the cover of this book is not open access and falls under traditional copyright provisions; it cannot be reproduced in any way without written permission of the artists and their agents. The cover can be displayed as a complete cover image for the purposes of publicizing this work, but the artwork cannot be extracted from the context of the cover of this specific work without breaching the artist’s copyright. COPYRIGHT NOTICE: This open-access work is published under a Creative Commons licence. -
Legislative Assembly of Alberta Prayers
June 7, 1990 Alberta Hansard 1701 Legislative Assembly of Alberta complete environmental impact assessment can be conducted and a guarantee be made that the construction of such a project Title: Thursday, June 7, 1990 2:30 p.m. will not damage surrounding wildlife or property and in no way contaminate the communities' groundwater system. Date: 90/06/07 head: Introduction of Bills [The House met at 2:30 p.m.] Bill 258 [Mr. Speaker in the Chair] An Act to Amend Certain Statutes on Marital Status Prayers MR. SPEAKER: Let us pray. MS M. LAING: Mr. Speaker, I rise today to request leave to Lord, renew us with Your strength, focus us in our delibera introduce Bill 258, an Act to Amend Certain Statutes on Marital tions, challenge us in our service of the people of this great Status. province and country. This is a companion Bill to the amendments to the Widows' Amen. Pension Act and extends, among other things, pension benefits to spouses in common-law relationships. head: Introduction of Visitors [Leave granted; Bill 258 read a first time] MR. DINNING: Mr. Speaker, I have the pleasure today to introduce a number of participants in an important delegation head: Tabling Returns and Reports from the Russian Soviet Federated Socialist Republic. They are here – the first visit relating to the education area following the MR. WICKMAN: Mr. Speaker, I wish to table with the House signing of an agreement between the Russian Soviet republic six copies of a report in response to questions on government and the government of Alberta that was undertaken by my travel. -
A Selected Western Canada Historical Resources Bibliography to 1985 •• Pannekoek
A Selected Western Canada Historical Resources Bibliography to 1985 •• Pannekoek Introduction The bibliography was compiled from careful library and institutional searches. Accumulated titles were sent to various federal, provincial and municipal jurisdictions, academic institutions and foundations with a request for correction and additions. These included: Parks Canada in Ottawa, Winnipeg (Prairie Region) and Calgary (Western Region); Manitoba (Depart- ment of Culture, Heritage and Recreation); Saskatchewan (Department of Culture and Recreation); Alberta (Historic Sites Service); and British Columbia (Ministry of Provincial Secretary and Government Services . The municipalities approached were those known to have an interest in heritage: Winnipeg, Brandon, Saskatoon, Regina, Moose Jaw, Edmonton, Calgary, Medicine Hat, Red Deer, Victoria, Vancouver and Nelson. Agencies contacted were Heritage Canada Foundation in Ottawa, Heritage Mainstreet Projects in Nelson and Moose Jaw, and the Old Strathcona Foundation in Edmonton. Various academics at the universities of Calgary and Alberta were also contacted. Historical Report Assessment Research Reports make up the bulk of both published and unpublished materials. Parks Canada has produced the greatest quantity although not always the best quality reports. Most are readily available at libraries and some are available for purchase. The Manuscript Report Series, "a reference collection of .unedited, unpublished research reports produced in printed form in limited numbers" (Parks Canada, 1983 Bibliography, A-l), are not for sale but are deposited in provincial archives. In 1982 the Manuscript Report Series was discontinued and since then unedited, unpublished research reports are produced in the Microfiche Report Series/Rapports sur microfiches. This will now guarantee the unavailability of the material except to the mechanically inclined, those with excellent eyesight, and the extremely diligent. -
Delivering Project Certainty in Downstream Oil &
Delivering project certainty in downstream oil & gas Oil & Gas A global economy, Our global new technology, better expertise quality products and improved access to energy worldwide is driving revamps and debottlenecking of REPRESENTS SOME 20,000 existing brownfeld and PROFESSIONALS development of new IN OIL & GAS WHO HAVE WORKED IN greenfeld facilities. Our experts are well positioned to 60 support, facilitate and further enhance COUNTRIES these developments. The SNC-Lavalin advantage Proven Downstream Capabilities Technology Neutral With over 100 years’ experience and 20,000 professionals in oil Through our global relationships with all major technology and gas, we offer client-focused, end-to-end engineering and licensors and working with the client at concept stage to construction solutions across upstream, midstream and determine the best technology solutions for each project, we have downstream projects to many of the world’s leading energy the ability to deliver the most effcient and optimized solution for companies. We are recognized globally for our agile and responsive each project. approach, delivering world-leading energy projects safely, on time and on budget. Work Share and High-Value Engineering Center Safety We have developed one of the most advanced centers for We are a safety leader with one of the best safety records in the engineering work share in India, with a focus on investing in the industry. Our vision is to deliver a workplace where no one gets best tools and data processing capabilities and a team that has hurt and everyone goes home safe. In 2017, we completed over 58 delivered hundreds of projects all over the world, together with our million person-hours, with a total recordable incident frequency operation centers on every continent. -
2020 Annual Financial Statements and Management Discussion and Analysis Cover Photo: Strathcona Refinery’S Cogeneration Unit, Completed in 2020
2020 annual financial statements and management discussion and analysis Cover photo: Strathcona refinery’s cogeneration unit, completed in 2020. Producing 41 megawatts of power, about 80% of the refinery’s electricity. Reducing greenhouse gas emissions by approximately 112,000 tonnes per year, equivalent to taking nearly 24,000 vehicles off the road annually. Highlighting Imperial’s commitment to investing in sustainability and reducing emissions. Annual financial statements and management's discussion and analysis of financial condition and operating results For the year ended December 31, 2020 The following annual financial statements and management’s discussion and analysis should be read in conjunction with the company’s annual report on Form 10-K for the year ended December 31, 2020. Reference to Item 1A. “Risk factors” and specific page numbers in this document indicate the section and page numbers found in the company’s annual report on Form 10-K. The company’s annual report on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K and amendments to these reports are available online at www.sedar.com, www.sec.gov and the company’s website www.imperialoil.ca. Unless the context otherwise indicates, reference to the “company” or “Imperial” includes Imperial Oil Limited and its subsidiaries, and reference to ExxonMobil includes Exxon Mobil Corporation and its affiliates, as appropriate. All dollar amounts set forth in this report are in Canadian dollars, except where otherwise indicated. Note that numbers may not add due to rounding. Forward-looking statements Statements of future events or conditions in this report, including projections, targets, expectations, estimates, and business plans are forward-looking statements.