Close X
Thursday, January 16, 2025
ADVT 
National

Calgarians Waiting For 'other Shoe To Drop' Over Energy Woes: Mayor Naheed Nenshi

Darpan News Desk The Canadian Press, 13 Nov, 2015 07:09 PM
  • Calgarians Waiting For 'other Shoe To Drop' Over Energy Woes: Mayor Naheed Nenshi
Calgary's mayor says plunging oil prices haven't had as dire an effect on the city as most had expected, but many in the industry are still waiting for the "other shoe to drop."
 
Naheed Nenshi says despite headlines about job losses in the energy sector, Calgary actually gained more jobs than it lost in the first half of this year.
 
But he adds many are expected the worst is yet to come because of  the U.S. President Barack Obama's rejection of the Keystone XL Pipeline.
 
Nenshi says the provincial and federal governments need to capitalize on low interest rates and declining construction costs by building more.
 
That in turn will create more jobs at the low point in a boom-and-bust cycle.
 
Nenshi says he's willing to give new Prime Minister Justin Trudeau the benefit of the doubt on energy matters.

MORE National ARTICLES

Washouts, Damage To Homes Reported In New Brunswick After Major Downpour

Washouts, Damage To Homes Reported In New Brunswick After Major Downpour
The province's Emergency Measures Organization says the downpour Wednesday and early today damaged infrastructure and closed roads.

Washouts, Damage To Homes Reported In New Brunswick After Major Downpour

Marcel Aubut Steps Down As COC President As Sexual Harassment Investigation Begins

Marcel Aubut Steps Down As COC President As Sexual Harassment Investigation Begins
The COC received a complaint last Friday about Aubut and has retained Francois Rolland, former Chief Justice of the Quebec Superior Court, to head an independent investigation.

Marcel Aubut Steps Down As COC President As Sexual Harassment Investigation Begins

John Horgan, Christy Clark Spar Over Death Of Teen In Government Care

Alex Gervais fell from a fourth-floor window of an Abbotsford hotel on Sept. 18, and children's representative Mary Ellen Turpel-Lafond has said she believes he killed himself.

John Horgan, Christy Clark Spar Over Death Of Teen In Government Care

First Nations' Challenges Of Northern Gateway Pipeline To Be Heard In Court

The challenges are expected to bring new scrutiny to the government's environmental approval process and its responsibility to consult with aboriginal groups.

First Nations' Challenges Of Northern Gateway Pipeline To Be Heard In Court

Premier Notley Says Trans Mountain Pipeline May Need New Terminal For Support

Premier Notley Says Trans Mountain Pipeline May Need New Terminal For Support
Alberta Premier Rachel Notley says Kinder Morgan Inc. may need to move the proposed terminal for the Trans Mountain pipeline expansion to win support for the project.

Premier Notley Says Trans Mountain Pipeline May Need New Terminal For Support

B.C. Boy Sentenced For 'Halloween' Movie-Like Attempted Murder Of His Little Sister

B.C. Boy Sentenced For 'Halloween' Movie-Like Attempted Murder Of His Little Sister
A boy who repeatedly watched a violent scene from a well-known horror movie before stabbing his little sister several times in their home near Prince George, B.C., won't be going to prison.

B.C. Boy Sentenced For 'Halloween' Movie-Like Attempted Murder Of His Little Sister