Take Stock – July 17

Oil pipeline projects under construction are expected to ease capacity constraints as early as the fourth quarter of 2009, the National Energy Board said in a report released Thursday.

New oil pipeline expected to ease capacity constraints

Oil pipeline projects under construction are expected to ease capacity constraints as early as the fourth quarter of 2009, the National Energy Board said in a report released Thursday. The independent federal agency said while capacity was tight on some oil pipeline systems last year, additional capacity is nearing completion.

“We’ve seen capacity constraints on oil pipelines for the past several years,” said NEB chair Gaetan Caron. “This will change toward the end of 2009 and into 2010 when pipelines previously approved by the Board begin operations.”

The fifth annual Canadian Pipeline Transportation System report said approximately $127 billion worth of products moved through NEB-regulated pipelines to markets at home and in the United States in 2008. It said there was “adequate capacity” in place on existing natural gas pipelines in 2008.

In fact, gas pipelines had excess capacity even during the peak winter season, the report said.


Overseas travel down in May: Statscan

Overseas travel both to and from Canada decreased in May.

Statistics Canada reports travel from overseas countries declined 7.8 per cent from April to 342,000 trips. The agency says 11 of the top 12 overseas markets dropped, with Japan recording the largest decline at 34.6 per cent. Canadians made 633,000 trips to overseas countries in May, down 9.8 per cent from April, the largest monthly percentage decline since April 2003. Travel from the United States to Canada fell 1.1 per cent to about 1.9 million trips. American residents took just over a million overnight trips to Canada in May, down two per cent. Canadian residents took nearly 3.3 million trips to the United States in May, up 1.2 per cent from April.

Just Posted

Number of seniors who play bridge in Red Deer growing

Red Deer Bridge Club has been around for close to 60 years

PHOTOS: Buccaneers battle Wolfpack in AFL semifinal

The Central Alberta Buccaneers battled the Calgary Wolfpack in the Alberta Football… Continue reading

Raising awareness for Bikers Against Child Abuse

Second annual Raise A Ruckus Against Child Abuse was held at the Red Deer Radisson Hotel Saturday

Central Alberta Yogathon cancelled Saturday

Due to air quality concerns the fourth annual event will take place Sept. 15

City Hall Park construction begins next week

Construction to update Red Deer’s City Hall Park is set to begin… Continue reading

WATCH: Medicine River Wildlife Centre opens new playground

The grand opening of the playground was Saturday morning

Indonesia’s Lombok island jolted by multiple quakes

SEMBALUN, Indonesia — Strong earthquakes jolted the Indonesian tourist island of Lombok… Continue reading

Afghan president calls for Eid cease-fire, Taliban to reply

KABUL — Afghan President Ashraf Ghani has called for a conditional cease-fire… Continue reading

Montreal may have less influence after October provincial election

MONTREAL — When Coalition Avenir Quebec Leader Francois Legault recently dismissed the… Continue reading

Privacy issue with online pot sales after legalization needs watching: experts

TORONTO — Buyers who have to provide personal information to purchase recreational… Continue reading

Range of reactions to possible holiday to mark legacy of residential schools

The federal government’s intention to enact a statutory holiday aimed at remembering… Continue reading

Wildfire smoke from B.C. gets in the way of mountain scenery for tourists

JASPER, Alta. — Smoke from wildfires that’s blanketing parts of Alberta does… Continue reading

Fast food chains look to capitalize on vegetarian, vegan trend with new items

The once meat-dominated world of fast-food and casual restaurants is starting to… Continue reading

Thousands to attend funeral service for officers killed in Fredericton shooting

FREDERICTON — Hundreds of people have lined the route of a funeral… Continue reading

Most Read


Five-day delivery plus unlimited digital access for $185 for 260 issues (must live in delivery area to qualify) Unlimited Digital Access 99 cents for the first four weeks and then only $15 per month Five-day delivery plus unlimited digital access for $15 a month