The Canadian Oil Industry's Impact On Canada

is an "independent energy company engaged in the acquisition, exploration, development, production, marketing and sale of crude oil, NGLs, and natural gas production"(Canadian Natural Resource Limited: TSE:CNQ quotes and news, n.d.). The company is environmentally conscious, very

The Athabasca Delta is a breeding ground for species of birds, which was destroyed to clear the land for oil development. These development practices are a leading factor towards increases in pollution. A scientific panel stated on Tuesday that pollution must be corrected, as there are major debates against the oil sands development. Proponents argue that business through the Oil Sands has made Canada a major player in foreign supplement. Unemployment rates have decreased across Canada and companies generate huge profits. The Alberta Oil Sands provide Canada with a secure source of energy. Throughout the world, Canadian oil reserves are the second largest in the world. Oil mining operations in Canada also help create more trading partnerships with different countries. This is a great way Canada can strengthen relationships and ties with various nation-states. The Oil Sands is a stabilizing force for Canada’s economy, yet it has a tremendous effect on the environment. Corporations are held responsible for their actions, and environmental protection should be their main concern. The procedures that the Oil Sands has taken are not effective, to an extent, where the pace of investment and development in the oil sands

These factors result in several issues and challenges. These matters have brought a conflict between the various stakeholders in this industry (Oilsandstruth.org, 2015). This discussion aims to identify the primary issues associated with the Canada oil sands and the involved stakeholders. Secondly, the stakeholders’ political view will be established. Finally, the discussion will recommend policies that can be effective in solving the challenges associated with the issues.

There is a huge debate if the oil sands of canada are affecting canada positively or negatively.The social and community improvements are a result of the oil sands in alberta. The economic benefits are another positive that the oil sands bring. Finally the direct and indirect jobs created in the oil sands are a huge benefit to canada. The oil sands are one of the best things that happened to canada.

Dr. Lorne Taylor (2012, p. 3), the chair of the Alberta Water Research Institute, states, “Organizations like Greenpeace and the Sierra Club are convincing Canadians and the world that Alberta’s oil sands are a scourge on the environment”. Environmental groups and the media are unfortunately shedding a poor light on the development of the oil sands in northern Alberta. Bob Weinhold (2011, pg. 119), a veteran environmental journalist, states “the Royal Society of Canada (RSC) panel found no evidence that people are currently being harmed by oil sands activity”. Both the environmentalist side and the oil sands producer’s side must be evaluated with an objective mind as each contains truths as well as embellishments. Taylor (2009, pg. 2) argues that a major misconception is “the province, people and industry of Alberta

This 1.4 trillion-dollar industry has been able to benefit Albertans. To elaborate, Alberta’s upstream energy sector, which mainly includes the oil sands, conventional oil as well as gas and mining has provided 133,053 jobs for Alberta residents, according to Statistics Canada. As well, having the third largest oil reserves in the world, Canada is able to use the oil reserves as a trading asset, as it is currently providing 1.4 million barrels of oil to the USA everyday, which is equivalent to $49.7 million at current stock prices. As well, $52 billion dollars in royalty were accounted for during 2013-14. In this way, the oil sands industry provides jobs, billions of dollars in royalties and boosts national income and prosperity through the trading of this resource. This affects my stakeholder since this would give Ed Stlemech a healthy financial resume/profile to an otherwise terrible environmental and societal resume while he was Alberta’s

In “Tarmageddon: Dirty oil is turning Canada into a corrupt petro-state,” Andrew Nikiforuk argues that the Canadian oil industry has harmed Canada’s environmental, political and economical images. First, Canada starts to be regarded as having a defensive attitude towards environmental issues since the Bitumen has been explored. Regardless of the Bitumen’s high cost and emission, Canada still welcomes billions of foreign investment in the Bitumen. Consequently, newly operated industries begin to destroy the forest and generate toxic waste (even into water). While refining oil, lots of energy and freshwater are squandered, outpouring a considerable amount of carbon emission. Hence, Canadian oil industry has been pictured as a “carbon-making

The production of oil is one of Canada’s greatest assets as it brings in lots of profit but British Columbia is one the most beautiful places in the world and is a prime tourism area. This leads to the question is oil transportation right for British Columbia? Enbridge plans to build two pipelines that will carry oil from “central Alberta to coastal BC” (Alternatives Journal, 2012). Enbridge Incorporated is a company that is a main transporter of natural gas, crude oil and other liquids in Canada, as well as a major operator of pipelines in North America. Their plan is to run two 1170-kilometer pipelines across BC that will eventually be moving about 520,000 barrels of oil per day; this

The statement ‘Canada oil sands are much more of a blessing rather than a curse’ is not true because the disadvantages of oil sands outweigh the advantages. For this reason, this paper aims at indicating points against the statement. To understand the defects of oil sand exploration in Canada, one has to delve into the explanation of what oil sands are as well as how the entire process of mining and refining and thereafter, determine the disadvantages based on socioeconomic factors, environmental factors, as well as the infrastructure and energy required for its production.

Canada has the potential to be a “sustainable energy superpower” due to the vast amount of resources it contains. It has a large landmass and diversified geography which can be used to produce renewable energy from such resources; watermill, wind, biomass, solar, geothermal, and ocean energy. Renewable energy is energy obtained from natural resources that are able to be naturally replenished within a human lifespan (Natural Resource Canada, 2014). Currently, fossil fuel burning is the major source of energy in Canada and although it can be re-used, the process is so long that it is considered to be non-renewable. Also, fossil fuel burning for coal, natural gas, and petroleum gas pollutes the environment with greenhouse gases on a large scale, causing global warming. Non-renewable energy is taken from sources that re available on Earth in limited quantity, likely vanishing within fifty to sixty years from today (Conserve Energy Future, 2014). Thus, it is important for Canada to invest their money on resorting to more environmentally friendly and renewable ways to make electricity. Being a developed country, Canada has the financial stability to purchase the technologies over time in order to produce renewable energy. In addition, many organizations and the government have taken a step to educate the society about issues regarding energy usage, and to create programs which conserve energy for the future. In the future generations, Canada will be able to generate sufficient

Oil also plays a big role in Canadian’s everyday lives. Not only does oil fuel our vehicles, cook our food and heat our homes and generate electricity; it is also used in almost everything we use on a daily basis. From rain, snow or sunshine and from head to toes, you could be wearing petroleum-based products. There’s more than gas in your vehicle, tires, mud flaps, wiper blades, your vehicle is an oil and gas machine. From the time, you wake up and put your coffee maker on, until you set your alarm clock at night. You’re using oil products. We use hundreds of petroleum-based oil products every day from household appliances, electronics, personal products and much more. In an article about oil and Canada’s future it states “These along with

The oil sands have always been Canada's major contributor to our economic activity. The oil industry has benefited other industries as well such as business services, manufacturing, retail, finance and insurance. The economic impacts of the oil sands are

The major issue facing oil companies is the major drop in oil prices. Even so, Cenovus’ operations in Christina Lake can remain profitable even at

As we can see from graph, in the 1926 Canada just produce 2000 kilowatt energy from renewable energy sources but in the middle of the graph it reached to 6000 and in 2006 its on the peak. Canada has more green energy than its consumption so they can sale their energy to another country such as America. A recent report of Renewable and Electrical Energy Division (REED) shows that, Canada could be the biggest green energy in the world if it does properly develop and Canadian government provide the subsidies for renewable energy sources.

Canada is well-known for having one of the world’s largest oil reserves. But did you know that Canada also has the third largest total length of pipelines (CIA, n.d.)? Why would anyone want to add on to that already vast network? However, that is what TransCanada and many other pipeline corporations propose we do. In this essay, I am going to analyze the recent conversation surrounding the proposed creation of TransCanada’s Energy East pipeline.