Search Results for: David Thomas

Alberta’s CBR Fiasco: NDP Clowns to the Left, UCP Jokers to the Right

In a desperately irrational move at the end of its term in the winter of 2019, Alberta’s former NDP (New Democratic Party) government tried to defy Economics 101 by dramatically increasing crude-by-rail capacity in order to raise prices. Nobody outside former Premier Rachel Notley’s statist brain trust thought that was a good idea. Especially not the railways: CN and Canadian Pacific both insisted that the government commit to paying the $C3.7 billion contract price, whether or not the trains were needed. In the event, “or not” turned out to be a very wise condition for the railways.

Double Trouble in Saskatchewan

On Feb. 6—the second time in less than two months—a Canadian Pacific tank car train carrying Alberta bitumen diluted with highly volatile petroleum gases derailed near the tiny town of Guernsey, Sask. The derailment created an explosive fire and prompted the evacuation of more than 80 nearby residents.