Stephen Poloz on the price drop of oil

Posted October 30th, 2014 in blog, Committee by Doug Black

In yesterday’s banking committee meeting, I had the chance to ask Bank of Canada Governor Stephen Poloz for his thoughts on the global decrease in the price of oil and what it means for our economy. It’s been a question on the minds of many as oil prices continue to drop, and Governor Poloz had some very interesting insights for us. You can watch his response in the video below. You can also read The Financial Post’s article on his response here.

My meeting with Premier Prentice

Posted October 25th, 2014 in blog by Doug Black

I recently met with Premier Jim Prentice to congratulate him on his new role and to talk about some key federal-provincial matters. We had a great discussion, and I’m looking forward to working together to advance the interests of Albertans. Among our topics of discussion were market access for Alberta’s energy, temporary foreign workers, and the labour market of Alberta’s growing economy. Premier Prentice heard my concerns, and he understands how crucial it is to address Alberta’s unique challenges in a way that works for all Albertans. I hope we’ll be able to take on these issues together and work toward a better Alberta. Jim Prentice and Doug Black

Senate Statement – Alberta’s Agriculture Industry

Posted October 8th, 2014 in blog by Doug Black

I recently spoke to the Senate about the importance of Alberta’s agriculture industry, not only to Alberta’s economy, but to Canada and the world. This past summer, I learned all about the research and innovation being done in Alberta to improve farming techniques, conserve energy and resources, and increase business development. Alberta is the homeland of a number of agriculture firsts, and the agri-food processing sector and farm and livestock sectors generate tens of billions of dollars in sales every year.

As former Senator Buth once said, “Once in a lifetime you need a minister, a lawyer, or a doctor. But you need a farmer or a rancher every day.”

You can listen to my entire statement below.


Senate Banking Committee set to study digital currencies, bitcoin

Posted March 25th, 2014 in blog, Committee by Doug Black

One of the key roles of Senate committees is to study issues that may affect Canada’s long-term national interests.

As a member of the Senate Banking Committee, I’m very excited as we prepare to launch a new study that will examine digital currencies. Today the Senate approved the following study mandate:

That the Committee be approved to examine and report on the use of digital currencies in Canada and report on their risks, threats, and advantages by June 30, 2015

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The Natural Resource Sector – Postmedia: Canada’s Lifeblood

Posted November 12th, 2013 in blog by Doug Black

getimage.aspxCanada’s natural resource sector employs over 800,000 Canadians and remains a significant driver of our economy and our quality of life. The sector, which includes forestry, metals, minerals and energy, powers our homes, fuels our cars and helps pay for our hospitals, schools and roads.

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