Alberta continues to grow

Over the past year, there has been a lot of concern over the declining returns on Alberta oil and particularly bitumen prices.

The impacts of corporate decision-making and factors in cancelling or pushing back the start of many upgraders that had been previously announced for Alberta’s Industrial Heartland are becoming increasingly apparent.

Read more: http://tinyurl.com/aa6c6rk  

 

Hicks: Alberta’s industrial region is getting there

We take so much for granted.

Most urban regions would kill to have an industrial “park” like Alberta’s Industrial Heartland.

Canada’s largest petro-chemical and hydrocarbon (oil and natural gas) processing region embraces 582 square kilometres of land covering five municipalities around Fort Saskatchewan, including the still-virgin Edmonton Energy and Technology Park within Edmonton’s northeastern boundaries.

Read more: http://tinyurl.com/ctkssxm

Bitumen may be the deficit answer

Alberta’s Industrial Heartland Association (AIHA) chairperson and Strathcona County Mayor Linda Osinchuk opened her update at the group’s stakeholder event last Thursday by saying “We are the solution — the Alberta Industrial Heartland.”

While that phrase can take on many meanings, it is clear that her boasting the Heartland as a “solution” counters Premier Alison Redford’s claim of the energy industry being the problem.

Read more: http://tinyurl.com/agcowa3

 

Future looks bright for the Heartland

The future of the Industrial Heartland appears to be a bright one, as more than $20 billion in potential projects are expected to move forward in the next five years.

That’s according to Neil Shelly, the executive director of Alberta’s Industrial Heartland Association, who addressed attendees at a recent Sherwood Park and District Chamber of Commerce luncheon.

Shelly spoke to the growing investment in natural gas, an industry that the Conference Board of Canada (CBC) expects will surpass oilsands investment in the next 25 years.

Read more: http://tinyurl.com/bc28x55