• Alberta feels the diesel squeeze, as report says inflation could spread beyond the pump

  Source: Alberta - Edmonton Journal (Legislature & Capital)
  Date: 2026-10-08 11:00:51.0
  Tags: [Alberta, Economy, Energy, Trade, Transportation]

  Diesel prices in Canada have surged by an average of 70 per cent since January—reaching up to 81 per cent higher for Vancouver truckers tracked by Kalibrate—driven by tightened global supplies, Russian export restrictions, and Chinese export suspensions. Industry analysts from CIBC Capital, Scotiabank Economics, and ATB Financial warn that sustained high diesel costs threaten to spread generalized inflation into food and shelter prices within 12 to 18 months. Cross-border carriers such as 520 Transport Ltd. in Lethbridge and local operators like Constable's Towing in Airdrie report severe operational cost pressures, further compounded by cross-border tariffs and potential U.S. diesel export restrictions.

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• From pipelines, to railways and AI: Ottawa pitches 167 projects ahead of Carney's investment summit

  Source: CBC Politics
  Date: 2026-09-10 21:20:00.0
  Tags: [National, Alberta, British Columbia, Nova Scotia, Infrastructure, Energy, Transportation, Economy, Technology]

  The federal government has released a 66-page prospectus outlining 167 investment projects across eight sectors ahead of the Canada Investment Summit in Toronto, co-hosted by Prime Minister Mark Carney alongside the Canada Pension Plan Investment Board and Public Sector Pension Investment Board to attract $1 trillion in international capital. Notable infrastructure and energy proposals featured in the document include a $57 billion US expansion of the Port of Churchill, a $44 billion Nova Scotia Wind West offshore wind project, a $35 billion West Coast Oil Pipeline connecting Alberta crude to British Columbia, a $28.5 billion Ksi Lisims LNG terminal project on the B.C. coast, a $10.9 billion Calgary-to-Edmonton high-speed passenger rail line, a $2.1 billion US South Bow Prairie Connector pipeline expansion, and a $14.5 billion data centre near Medicine Hat, Alberta. The pitch aims to diversify Canada's trade and energy export markets amid escalating U.S.-Canada trade tensions while highlighting assets ranging from fully permitted, shovel-ready initiatives to preliminary-stage critical mineral developments.

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• Canadian diesel refiners churn out record profit margins, adding pressure on farmers, cost of goods

  Source: Alberta - Edmonton Journal (Legislature & Capital)
  Date: 2026-09-01 11:00:37.0
  Tags: [Alberta, National, Energy, Economy, Agriculture, Transportation]

  Canadian diesel refining margins reached record highs, topping an all-time high of 119.4 cents a litre on August 19 according to Kalibrate Canada, driven by supply constraints including knocked-out Russian refining capacity and Strait of Hormuz export disruptions. The price spike adds significant operational cost pressures on key sectors like agriculture—where Alberta farms had harvested only 1.1 per cent of major crops by August 18—as well as rail and trucking freight. Facilities such as the Sturgeon Refinery northeast of Edmonton, jointly owned by the Government of Alberta and Canadian Natural Resources Ltd., produce approximately 40,300 barrels of diesel a day, but consumers continue to face retail prices averaging about $2.30 a litre due to fuel selling into global markets.

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