The fuse has been lit on Canada’s debt bomb – The Globe and Mail
This week, the Alberta government designated Oct. 1 the Day of Older Persons. It’s recognition, we’re told, for the important contributions seniors make to the cultural and social fabric of the province.
And that is undoubtedly true. Although it could also be in recognition of the votes these older persons represent with an election just eight months away. Not mentioned was the incredible economic strain this same demographic is putting on not just Alberta’s finances, but the finances of the entire country. Now, the federal Parliamentary Budget Office (PBO) is sounding the alarm over what it is predicting will be a debt Armageddon unless drastic measures are taken.

Initiative 1631: Will Washington Get a Carbon Tax? – The Atlantic
This November, voters in Washington State may do what no group of people—in or outside the United States—has done before.
They will vote on whether to adopt a carbon fee , an aggressive policy to combat climate change that charges polluters for the right to emit carbon dioxide and other potent greenhouse gases.

Citing competitiveness pressures, feds ease carbon tax thresholds – iPolitics
Bowing to concerns about international competitiveness, the Trudeau government is scaling back carbon pricing guidelines for some of the country’s heaviest energy users, and signalling that more easing could come before the plan takes effect in 2019.

The Myth of the Asian Market for Canada Oil – The Narwhal – Opinion
For years, we’ve been told again and again (and again ) that Kinder Morgan’s proposed expansion of the Trans Mountain pipeline is desperately needed for producers to export oil to Asian countries and get much higher returns.

Canada loses bid to overturn NAFTA ruling on rebuffed N.S. quarry | CBC News
The Federal Court of Canada has dismissed Canada’s application to overturn a potentially expensive NAFTA ruling that it wrongly denied a U.S. company permission to open a quarry in Digby Neck, N.S.
In a decision released Wednesday, Justice Anne Mactavish ruled an international arbitration panel “did not exceed its jurisdiction” when it found Canada at fault and liable for damages under investor protections contained in the North American Free Trade Agreement.

What B.C. really wants out of its Kinder Morgan fight – The Globe and Mail
In the battle over the future of the Kinder Morgan pipeline expansion, the B.C. government is asking Ottawa to improve its Oceans Protection Plan, providing additional resources to the coast to address the risk of oil spills.

B.C. government asking courts to rule on new permitting system to restrict bitumen flow |
The B.C. government is asking the B.C. Court of Appeal to determine whether it can pass legislation that would require companies to get permits from the provincial government before increasing the flow of bitumen through the province.

House of Commons to hold emergency debate on Trans Mountain pipeline tonight | CTV News
The House of Commons has agreed to hold an emergency debate tonight on the Trans Mountain pipeline predicament.
Conservative natural resources critic Shannon Stubbs made the request, saying thousands of jobs and billions of dollars for the Canadian economy are at stake, making the stalled project an urgent matter that needs the immediate attention of MPs.

Horgan still blocking Trans Mountain after meeting with PM, Notley | CTV News
B.C. Premier John Horgan says his meeting with Prime Minister Justin Trudeau and Alberta Premier Rachel Notley did nothing to end his ongoing efforts to block plans to expand an existing diluted bitumen line between the two provinces.

Kinder Morgan considering investing elsewhere as Trans Mountain looks ’untenable’ | Calgary Herald…
Major Canadian oil companies fear an investor exodus as Kinder Morgan Inc. signals there are less risky pipeline projects it can invest in than the troubled $7.4-billion Trans Mountain project through British Columbia.

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