> Electricity sector a ‘lose-lose’

Canada’s electricity sector is wasting billions of dollars subsidizing consumers, a structure that inadvertently encourages carbon emissions and creates vast inefficiencies, industry leaders heard Tuesday.

“The current Canadian electricity sector is a lose-lose situation,” economist Pierre-Olivier Pineau told the annual electricity conference of the Canadian Energy Research Institute in Calgary Tuesday.

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http://www.canada.com/calgaryherald/news/calgarybusiness/story.html?id=30ed19b0-c97c-4c8c-a32a-aa326aad9ac4

> Alberta’s future hinges on royalty review decision

No matter what happens, this week will mark an inflection point in Alberta’s history. It will have an indelible impact on the political and economic future of this province.

The report submitted by the Alberta Royalty Review Panel in mid-September recommending drastic changes to the existing fiscal regime has created several chasms that will take years to bridge.

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http://www.canada.com/calgaryherald/news/calgarybusiness/story.html?id=585918b2-3fd1-4f60-90fc-a29c4a100f6a