Canada’s federal government will provide a US$1.2-billion (C$1.6-billion) lifeline to Alberta’s energy industry, CTV News reports , adding that most of the funds will be used for “job support.” The report comes on the heels of protests in Alberta against the lack of oil transport capacity that has seen the price of Canadian crude take a nosedive, hitting not just producers’ bottom lines but their workforce as well. Ottawa has stopped all new pipeline capacity proposals but one, the Trans Mountain expansion, which, however, is being delayed again and again on strong opposition from British Columbia. Yet this lack of new pipelines is hitting Canada’s oil province hard. About a thousand people gathered for a protest outside the Calgary city hall yesterday, with the mayor of the city joining the protesters. “Our unemployment went from one of the lowest in Canada to one of the highest,” Mayor Naheed Nenshi […]