In the beginning of the first article, the main focus is on the western provinces that include Alberta, British Columbia, and Saskatchewan and how they will increase Canada's economic growth. The western provinces will achieve this economical growth through changes in the oil and housing markets, a prediction made by the Conference Board of Canada. This prediction was made using data collected by the Conference Board of Canada, which also includes a future forecasts of how much economical growth each province will contribute. This includes the western provinces like Alberta which will grow by 3.3 percent next year, followed by 2.3 percent in British Columbia and Saskatchewan. Alberta and Saskatchewan will achieve this by reinvesting in the
His resistance against Britain’s intrusion of Canadian autonomy explains itself and his adopting of two provinces rich in resources and fertile land may be the reason Canada is still afloat when it comes to international trade today. In fact, current statistics show Canada is one of the largest producers of canola globally and in 2016 Saskatchewan accounted for 53.7% of Canadian canola area. Alberta is rich in energy-resource, as it is home to oil sands, the largest reserve in the country, and third largest in the world, along with mass amounts of natural gas and
One of the big problems Canada has had recently is the recession. To reduce the effects of this catastrophe, we plan to give benefits to those most affected: the middle class. We will invest in jobs for those who lost theirs during the recession and provide benefits to
The first change and impact I will be writing about is how in March of 2017, the minister of finance (Bill Morneau) and Justin Trudeau tabled one of the best looking budgets in the history of Canada. This budget prepares people for the new economy and will secure Canada’s place as a hub of innovation. That change impacted and helped Canada by getting them ready for the slow money making
“Canada's Oil Patch Expects Production Increase through 2030.” The Globe and Mail, The Globe and Mail, 25 Mar. 2017, www.theglobeandmail.com/report-on-business/industry-news/energy-and-resources/oil-sands-output-seen-growing-need-for-new-pipelines-urgent-industry-group/article30571357/. May 13
The reason that Canada’s future looks bleak is because of the rate that Canada is using up our natural resources at. For example, Oil is an essential resource in our current era, something Canada happens to have plenty of. But for how long? Ever since pipelines such as the Mackenzie Valley Pipeline were first being built, they have only increased in number. Canada has several pipelines sending oil directly to the United States. While many other countries choose to reserve their resources for themselves, Canada has been exporting them at an alarming rate. A natural resource crisis is something that may very well be in our future, as the world continues to consume more and more resources than ever before. It will be a significant problem in our future because until now the U.S. has always felt entitled to our resource, and by the time we finally realize that saving a portion of resources
Konrad Yakabuski’s stance on the issue was made clear from the title, “Why Canada needs to develop the oil sands”. The author’s decision to add the word “why” indicates that there will be several pieces of evidence to back up the author’s argument. These pieces of evidence included: How vital the oil sands are to Alberta’s economy, it provides employment, and how the oil sands are a great opportunity for Canada to grow economically. When talking about the province’s economy in relation to the oil sands the author writes, “Oil sands royalties are critical to Alberta’s fiscal health. And Ottawa relies on oil-related tax revenue from Alberta to fund federal programs.” 2 The author also talks about how it is “a source of valuable foreign investment that
These two regions offer unique opportunities for more innovative and creative forms of economic development. North-eastern Ontario has a larger population than the North-western Ontario since it’s closely tied to mining. Whereas, North-western Ontario is closely tied to forestry therefore experiencing a lesser population. The economy in the North-western Ontario faced a downturn during the forest sector crisis with the region outside of Thunder Bay bearing the brunt of the employment and population adjustment. The North-eastern has been sustained by its mining sector , however there is a redistribution of population towards the five largest urban centres including Greater Sudbury, Thunder Bay, Sault Ste. Marie , North Bay (53,966),
Canada currently has a highly developed economy in which the different regions contribute to it in different ways. However, if the regions were to separate, their economies may be difficult to develop and sustain. For example in Atlantic Canada, their distinct region is located beside the Atlantic Ocean, which makes their economy heavily reliant on the fishery
In a scholarly article, Mark J. Kasoff concluded that the Canadian oil sand production is a good thing for Canada. The reason behind his argument is because other Asian countries especially China and Japan are willing to invest into the Canadian energy sector. This stimulates the international market. Furthermore, since Canada is the main source for U.S oil imports, the expansion of the market would likely to increase and strengthen the economy and its bilateral
Historian Harold Innis developed the staples theory which postulated that Canada’s economic development was reliant on the succession of resource exports rather than manufacturing. Furthermore, this doctrine illustrated notions of dependence in Canada combined with interregional exploitation between inner and outer Canada. The staples theory asserted that a relationship between a “metropolis” and “hinterland” existed in Canada and reflected the power dynamics of Canadian economic and political society. The metropolis has the manufacturing sector and does well if it is competitive to other metropolises and subsequently then has manufacturing jobs. On the other hand, the hinterland is a rural and resource rich area that does exceedingly well economically if it has the relevant resource and consequently grows in political strength. Toronto-Ottawa-Montreal triangle obviously constitutes the metropolises of Canada with the largest concentration of corporate head offices in the Toronto area combined with a substantial manufacturing nucleus in the Greater Toronto Region. Nonetheless, if looking specifically at certain regions such as Alberta using the core-periphery analysis or staples theory, one would likely deem Calgary and to a lesser extent Edmonton as the core/metropolis of the region with areas like Fort McMurray and Leduc being the periphery/hinterland.
One of the policies the Canadian Government could pursue is to move forward and approve the pipeline expansions regardless of the Indigenous peoples’ perspective. These pipelines would connect the oil sands in Alberta to markets globally which would lead to economic growth. With these pipelines approved, it would mean greater exports. The Canadian economy would profit as it would create jobs and
In the recent few decades, Canada has shown significant progress in the overall framework and currently ranks tenth in the world regarding nominal GDP. The real estate industry is the most dominant sector, the country also is one of the largest exporters of natural gas and petroleum on the one hand
The article is about who Canadian inflation rose to its highest rate in more than two years in January, as a carbon taxes in Alberta and Ontario caused a rise in gasoline prices. It also talks about the rise in food, education, reading, alcohol and tobacco.
Each frame found in the Herald was first coded and then organized into sections contingent on how they contributed to the production of a text. The first and most prevailing frame found in the paper is the legitimizing frame, whereby the production of Alberta’s oil is depicted as a national treasure that must be extracted. The papers’ industry legitimating frames are giving the impression of being common sense for the reader. These frames supply the broader context for the majority of its right leaning coverage (Gunster Storylines 344). The Calgary Herald lauds the oil sands as the economic engine of Canada and devotes a tremendous amount of attention towards the economic benefits of the resource. Praising it for its history of stimulating