Canada’s energy sector, and the Canadian economy, would benefit from a renewed focus on pipeline review policy and regulation. Recent cases, including the Mackenzie Valley pipeline, the Keystone XL, and the Northern Gateway pipeline, highlight current challenges and the need for an improved...

Transmission economics remains a difficult area. Market forces alone are generally felt to be insufficient for signaling investment due to appropriability problems and the challenges of “parallel (loop) flow.” Further, there is no generally recognized method of estimating the value of...