Canada produces far more natural gas than we consume, and for decades we have sold all the surplus to the United States. But the shale gas boom in the U.S. has pummelled prices and demand. New opportunities abound for Canadian liquefied natural gas exports to the emerging economies of the Pacific, but we’re way behind competitors like Australia and the U.S. in building the LNG ports needed to tap those markets. The usual Canadian suspects, government regulation and red tape, have a lot to do with that, writes Andrew Pickford. Like the Mackenzie Valley pipeline debacle of the 1970s, it’s shaping up as another big missed opportunity for Canada’s energy sector.
Author: Andrew Pickford
Generational politics is an easy crutch for political analysis, but the external and internal change that Canada has faced since the early 1970’s dwarfs any perceived generational differences. Andrew Pickford poses an intriguing thought experiment wherein he compares the political landscape in the time of Pierre Trudeau and what might be the time of Justin Trudeau.