13.07.2015 Views

March 2007.pdf - Electrical Business Magazine

March 2007.pdf - Electrical Business Magazine

March 2007.pdf - Electrical Business Magazine

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

Alberta’s economy at a crossroadsWESTERNUPDATEWithout a strong andsustained commitment tomeet these challenges,Alberta’s prospects will dim.Upcoming Events in Western CanadaAs previously announced at EBMag.com and in the February editionof E-Line: Your Industry News Broadcast, the Alberta <strong>Electrical</strong>League (AEL) has re-scheduled its Grande Prairie Learning Expo.Originally scheduled in October, it has been moved to May 3. Formore information, visit the league online at www.elecleague.ab.ca.Sheri McLean of <strong>Electrical</strong> Contractors Association of Alberta(ECAA) reminds us that the association’s annual general meeting and convention is beingheld at the Chateau Lake Louise (in Lake Louise) May 24-26. George Hedley, CSP, ofHardhat Presentations (California) is delivering two sessions: “Clues your Company is inHuge Trouble” and “Wow Your Customers”. For details, visit www.ecaa.ab.ca.The oil and gas industry has directly or indirectlyaccounted for over half of Alberta’sentire economy for more than the last 30 years.Now, the authors of a new report by the Institutefor Sustainable Energy, Environment and Economy(ISEEE) conclude the Princess Province’s economyis at a crossroads in relying on oil and gas revenuesto fuel the provincial economy, and more long-termplanning is required to manage future risks andopportunities.The research paper, “Energy and the AlbertaEconomy: Past and Future Impacts and Implications”,reports: “There are no other sectors of the province’seconomic base that could realistically expand sufficientlyto offset significant declines in the dominantenergy sector”.Co-authored by Dr. Robert Mansell, ISEEE’smanaging director and a University of Calgary economist,and Ron Schlenker, ISEEE research associate,the report goes on to say: “Visionary, strategicinvestments today can unlock non-conventional andother energy resources critical to securing a strongand prosperous long-term, sustainable future for theprovince”.From 1971 to 2004, the oil and gas industryaccounted for more than $1.5 trillion in Alberta’sGDP (an average of $45 billion per year). In addition,the sector contributed $280 billion in governmentrevenues (an average of $8.1 billion per year),$600 billion in labour income (an annual average of$18 billion) and nearly 12 million person-years ofemployment (an annual average of 375,000 personyears).“The investment associated with the oil and gasindustry has traditionally accounted for about 40%of the total investment in Alberta,” says Mansell.“This, combined with the high production revenueand exports associated with oil and gas, has been themajor driver of the Alberta economy.”Without the oil and gas industry, Alberta’s economyover the same period would have been, onaverage, about 42% smaller as measured by GDP.In 2004, for example—without just the royaltypayments made by the sector—Alberta would haverequired a provincial sales tax of about 16% to makeup for the revenue.However, non-renewable resource revenues (primarilyroyalties) are projected to decline substantiallyover the period 2005 to 2013 from the recent averageof about $10 billion annually, say the authors.Nevertheless, the average annual contribution ofthe oil and gas industry to Alberta’s total GDP is stillexpected to be about $87 billion per year during thisperiod, which would be 40% of overall provincialGDP (compared with 42% historically).The sector’s contribution to employment in theprovince is forecast to increase to 37% from 2005 to2013 (compared with 31% historically), amountingto about 740,000 jobs. “It is clear that the oil andgas industry will remain the main engine of Alberta’seconomic growth and prosperity,” says Mansell.However, there are large challenges in convertingAlberta’s huge energy potential into sustained, longtermprosperity, the authors warn, including: labourand skills shortages; escalating costs; resource accessand landscape impacts; infrastructure shortfalls;managing water use and greenhouse gas emissions;growing dependency on energy ‘rents’to finance consumption; and dislocationsto other sectors.“Without a strong and sustainedcommitment to meet these challenges,Alberta’s prospects will dim,”Mansell says.CFL FLUORESCENT ELECTRONIC BALLASTSUNIVERSAL VOLTAGE• 120V - 277V• < 10% ATHD• High Power Factor• End-of-Life Protection• Operate 1x, 2x Lamps• Twin, Triple, Quad,Double Quad 9-70W• UL, cUL• 90ºC Max Operating Temp.Advanced Features:• Programmed start for extended lamp life in frequent switching applications• End-of-lamp-life protection to safely remove power from the lamp as it nears end-of-life• Cold starting to ensure proper functionality even in low temperature applications• Improved reliability due to precision control flicker-free operation• Auto-restart which eliminates the need to reset the power mains after lamp replacement• Versatile mounting: Side and back leads included with optional ballast• Auto light compensation during low power situations• Dual entry color coded connectorFulham HeadQuarters (USA)12705 S. Van Ness AvenueHawthorne, CA 90250Tel: (323) 599-5000Fax: (323) 754-9060info@fulham.comwww.fulham.comTrusted worldwide for cost efficient lighting solutions.Fulham Electronic Co. Ltd (South China)Room 415 Junda <strong>Business</strong> Center, No.23 RoadDongguan City Guangdong Province P.R.. ChinaTel : +86-769-2234-7250/7251/7252Fax : +86-769-2234-9904tonyzhang@fulham-china.comFulham Company Ltd (International)Unit 2617, Miramar Tower, 132 Nathan RoadT.S.T., Kowloon, Hong KongTel: +852-2314-4801Fax: +852-2314-4186anita-lau@fulham.com.hkFinally, don’t forget British Columbia <strong>Electrical</strong> Association’s (BCEA’s) Electrix 2007being held June 21 at the Kelowna Curling Club. Robert Fine, executive director of theEconomic Development Commission (Invest Kelowna) is presenting a seminar on thehot B.C. economy and what has to be done to keep it going, while Electro-FederationCanada’s (EFC’s) Joseph Neu, vice-president of engineering codes and standards, isspeaking about counterfeit products and the anti-counterfeit program in Canada. Visitwww.bcea.bc.ca for more information.Fulham Electronic Co. Ltd (Mid China)Room 312-315, Xing Yuan Technology Plaza,No 418, Gui Ping Road,Caohe-Jing Hi-Tech Park,Shanghai, P.R.C.Post Code: 200233Fulham Company Ltd (Middle East)LOB-2, No 127P.O. Box 261051,Jebel Ali Free Zone,Dubai, United Arab Emirates.Tel: + 9714-8873577Fax: + 9714-8873599fulhamdubai@fulham.comFulham Electronic Co. Ltd (North China)No. 9 Xingchang Road, NanshaozhenChangping Science ParkBeijing 102200P.R. ChinaTel : +86-10-6073-5858Fax : +86-10-6073-3765tonyzhang@fulham-china.comFulham Co., Inc. (Canada)2967 Lotus CourtCoquitlam, BC V3B 7B3Tel: (604)-288-2609Fax: (604)-288-2554thughes@fulham.comPatent PendingFulham Co., Inc. (Caribbean / Latin America)12705 Van Ness AvenueHawthorne, CA 90250Tel: (800) 2-FULHAMFax: (323) 754-9060jrodriguez@fulham.comFulham/Lightech (Dominican Republic)Calle 24 Este No. 16La CastellanaSanto Domingo, Dominican RepublicTel: (809) 476-9965Fax: (809) 412-4224lightech@tricom.netFulham/Carlson Trading, (Philippines)#97 Tomas Arguelles St.Cor Bayani Brgy.Santol Quezon City, PhilippinesTel: +632-712-8888Fax: +632-749-9950christopher_tiu@carlsonphil.comFulham Electronics India Pvt Ltd. (India)A1 , 2nd Floor , Chirag Enclave , GK-INew Delhi - 110 048 INDIATel: 0091-11-46567394Fax: 0091-11-46567398INFO NO. 20www. mag.com • MARCH 2007 • 19

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!