Currents: Western Canada gears up to export propane

After years of struggling to secure access to tidewater for its products, the Canadian oil and gas industry see hope in the conditional approve of a liquefied natural gas (LNG) project for northern British Columbia. The federal government granted approval, with 190 conditions, in September for an $11.4-billion terminal to export LNG from northern B.C.

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Currents: Manitoban forestry industry needs to find new markets

It has been an especially challenging year for the economy in northern Manitoban. Beyond the potential closure of the Port of Churchill and the Hudson Bay railroad, British Columbia-based Tolko Industries announced in August 2016 its intent to close a pulp-and-paper mill that has operated in The Pas for more than 40 years. This could

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Currents: Western provinces struggle to find best way to retain talent

Alberta and Saskatchewan are losing skilled workers to other parts of Canada during this downturn in commodity prices. How can these provinces stem the “brain drain” and retain talent? Recent reporting indicates more than 7,000 people now leave Alberta each quarter for British Columbia, while another 5,000 leave for Ontario. Such rapid outmigration should prompt

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Currents: The hidden cost of unemployment in the West

By now, Albertans – and communities across western Canada – have become deeply aware of the economic and financial impact of low commodity prices. This is not limited to but most closely associated with the drop in value of the province’s oil. In September 2014, Western Texas Intermediate (WTI) crude oil sold at approximately $95

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Economic Snapshot