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Kyle Bakx - Business reporter | CBC

Latest from Kyle Bakx

Feds give financial boost to biofuel sector amid growing U.S. competition

Canadas biofuel industry is welcoming a proposed multi-billion dollar package of financial support from the federal government, although concerns remain about whether it will be enough to compete with lucrative subsidies south of the border and reversethe growing dependence on U.S. imports to meet clean fuel regulations.
Analysis

For its next trick, Ottawa must unload the $34B Trans Mountain pipeline. It won't be easy

The federal government bought the project when the proposed pipeline was on the verge of falling apart before there was ever a shovel in the ground in the face of legal, political, and regulatory challenges.

Fate of giant carbon capture project still uncertain, but Pathways Alliance hopeful for deal with feds

Despite growing frustrations and prolonged negotiations with the federal government, a consortium of Canada's largest oilsands companies is optimistic about having a "line of sight" in securing the support from Ottawa to advance its proposed $16.5-billion carbon capture pipeline project.

No water, no oil: How the parched western provinces could hamper the oilpatch

Persistent and severe drought conditions across Western Canada could have a devastating effect on the oil and natural gas sector, which has drilling operations in some of the driest areas, according to a new report by Deloitte.

Calgary startup aims to launch sustainable aviation fuel facilities on the Prairies

Calgary-based startup Cap Clean Energy wants to produce sustainable aviation fuel (SAF) in Alberta, Saskatchewan and Manitoba using crop residue, such as wheat straw and other byproducts of grains and oil seeds.

$34B Trans Mountain expansion pipeline begins filling with oil with first shipments before Canada Day

The odyssey of developing and building the Trans Mountain expansion project in Western Canada is finally nearing the finish line as sections of the pipeline begin filling with oil.

The cars, the chargers or the customers? A look at what's behind cooling EV sales growth

Several automakers are pulling back on plans to expand the number of electric vehicles they produce in response to slowing sales that arent expected to hit previous forecasts. At the same time, more models are coming to market and overall sales continue to grow year after year.

'We should abandon the fantasy of phasing out oil and gas': Saudi oil CEO

The head of the world's largest energy company on Monday suggested that oil and natural gas will be around for a long time to come, while the U.S. secretary of energy highlighted a clean energy revolution.
Analysis

Danielle Smith wants to save Alberta's oil wealth, but history shows it's a pledge that's hard to deliver

With Thursday's budget, Danielle Smith joins the long history of governments in Alberta pledging to save the bounty of oil cash. But with a crash in oil prices seemingly always around the corner, every previous commitment to saving has inevitably failed.
Analysis

Alberta gives cold shoulder to wind and solar industry, as the rest of the world is clamouring for more

The Alberta governments seven-month ban on new large-scale wind and solar power projects will come to an end this week, but the province is unlikely to return to its previous status as a hotbed of investment.

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