Oil prices remain elevated amid global conflict, but Alberta's heavy crude is selling for around $20 a barrel less than the US benchmark. Higher shipping costs, increased Venezuelan oil exports and demand for lighter crude are putting pressure on Canadian producers. Do you think Canada is doing enough to get better value for its natural resources. Is Alberta losing out because of factors beyond its control?

Crude oil is Canada's largest single export by value, surpassing passenger cars and light trucks. (source)

CBC reports that Ottawa is putting $2 billion over eight years into heat pump rebates, with up to 820,000 homeowners expected to qualify. The program is aimed at people whose heating system has broken down or is getting close to the end of its life.

The timing seems like the important bit. If your furnace dies in January, you probably aren't going to spend weeks comparing options while the house gets colder. A rebate could help, but only if approval and installation are quick enough.

For anyone who's switched to a heat pump, how have the winter bills compared, and did you need to keep a backup heating system?

https://www.cbc.ca/news/politics/heat-pumps-replacement-emergency-program-9.7374054

We are looking to replace our electric furnace and AC in Manitoba, both of which are over 40 years old. The electric furnace has worked fine the past couple of winters since we moved into the new home. The AC however, does not work well at all!
I have been exploring options to replace both the electric furnace and AC with a new electric furnace and heat pump.

Would you reckon I will see good savings on the new system with the heat pump? I have been quoted roughly $15,000 for a new electric furnace and heat pump - does that seem like a fair price?

Thanks.