Paul Selway

The enterprise opportunity to deploy new technologies is vast, but CIOs must adapt digital transformation principles to maximize value. Learn more. https://ow.ly/mPs830sFKez #EYCanada #BetterWorkingWorld

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While financial institutions have initiated many technological investments in recent years, digital transformations with multidisciplinary teams are key to scaling current platforms and developing new solutions that reduce operational inefficiencies and manual processes. Learn more. https://ow.ly/64tn30sELhg #EYCanada #BetterWorkingWorld

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Lessons Learned with AI Failures Air Canada Chatbot Lies, Customer Suffers - Who is Liable? #ai #risk #chatbots #airisk #ailaw https://lnkd.in/gGMu-r8n

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Canada’s great leap forward lies in leveraging our existing infrastructure and capabilities to achieve a higher level of national innovation. In other words, we already have what it takes to make Canada a thriving digital nation. I talk more about how we can work together collectively as an industry to do this and how Interac Corp. plans to do its part in the first article of my 3-part series with Fast Company ⬇

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#GenAI has the potential to add up $180 billion in productivity gains annually to the Canadian economy by 2030. However, to realize this economic opportunity, we must act quickly to accelerate responsible adoption or risk falling further behind. Read more in our latest report, Canada’s Generative AI Opportunity: https://lnkd.in/dj2c6GwG #MicrosoftCanada #MSFTAdvocate #AI

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BEEN THINKING A LOT ABOUT PIPELINES AND HEADLINES LATELY... Specifically, contemplating pipeline technology systems transition and pipeline history; how they're inextricably interconnected and why we're not better at using past performance to forecast trusted future change. Here's the context: the massive capacity expansion of the Trans Mountain pipeline and its concomitant opportunity to open global markets for Canadian petroleum molecules is all the news of the moment. Trans Mountain's expansion is filling up, anticipating first molecular movement next month. But it was the original Trans Mountain, completed in 1953, that first helped crack the global markets nut. Yes indeed. Canada has sent oil to markets other than the United States before. For quite a few years, actually. The opportunity volume and scale differences with capacity expansion are, of course, substantive. But the point is about foundations. Without the first Trans Mountain foundation, there would be no expansion. Seems obvious. But arguably there would no Trans Mountain (the first) or other major pipelines without lessons learned during the Turner Valley oil boom, from 1914 to circa 1949. Indeed, the Turner Valley experience writ large, through three markedly different development phases, influenced much about how energy transition took root in the Western Canadian Sedimentary Basin many decades past. Royalite, an Imperial Oil subsidy, built the first gas pipeline from Turner Valley to Okotoks in 1921. There, it connected with an existing gas pipeline from Bow Island to Calgary. This new transportation utility kicked off a concerted reduction in the flaring practice of "waste" gas. A few years later, in 1925, an oil pipeline was built from "the Valley" to a refinery in Calgary as the hunt for higher value liquids continued. Barrels, tanker trucks and rail transport faded into the shadows. Market growth begat transportation system expansion and the various technology evolutions required to keep economics front and centre started evolving and transitioning. So too did environmental regulations. By 1942, when Turner Valley was producing 95 per cent of Canada's oil, a complex system of pipelines was growing in lockstep. And the focus on system integrity and safety moved in tandem. To the degree that pipelines have become the target of activist ire, as a sector, that's on us for not using our pre-existing transition history to build a compelling narrative. It's not too late as we move into an era of even more accelerated change and the role of pipelines in terms of energy security and stability is ever more critical. When was the last time you saw a section of pipe transported by horsepower, literally? #history #pipelines #safety #integrity Larry Y. Brian Hall Giovanna Schipani, CWS Rick (Richard) Tofani BSc Eng MBA Evan Bahry Dawn Farrell Matt Quist Dennis McConaghy

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Alberta Grid Datapalooza Attention all data geeks! If you want all kinds of data on Alberta's power system, check out the AESO's Annual Market Statistics Report page. It uses Tableau to create user modifiable visualizations using actual historic system data that you can also download to use on your own. Below is a comparison between summer on-peak wind, solar, and simple cycle gas turbine generation by month from 2017 to 2024 that I created in about 3 minutes with just a few clicks. Check it out! AESO Tableau Data Page: https://lnkd.in/geHznxjd

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📣 Hot off the heels of our last distinction from Deloitte (nearly topping the Technology Fast 50 Canada list), we’re very proud to be ranked 7th on Deloitte’s Technology #Fast500 North America list for 2024! 🎉 It’s not easy to take on some of healthcare’s most unique and complex challenges—but our teams at Freddie, Frida, Foria and Affirming Care Pharmacy all know how important it is to improve access and deliver the highest quality of care to our patients every day. Why do we do it? Because we get to see the direct impact we have through daily comments like these: “I truly appreciate how they foster an environment of trust and support, where discussions about my identity and experiences are welcomed without judgment. Freddie PrEP offers a vital service and creates a nurturing space for individuals like me to thrive. I’m incredibly grateful for the care and respect I’ve received here, and I wholeheartedly recommend this service to anyone seeking a compassionate and affirming healthcare experience!” “Finally found validation and I now have hope for the future! The process was not scary or intimidating at all. I felt listened to and believed. I was able to receive an ADHD diagnosis within 2 weeks of signing up compared to the current wait time of 18 months to see a psychiatrist.” “This clinic literally saved my life. I was on a waitlist for 2 years for government hormone therapy, and Foria got me started as soon as I had my first appointment. They’ve been clear and easy to work with the whole time, and the results are showing.” Hearing it firsthand from our patients is one thing, but we’re also deeply grateful for the validation of our work through programs like this one. The Technology Fast 500 is an award program that recognizes the fastest-growing companies across the technology, media, telecommunications, life sciences, fintech, and energy tech sectors in North America.   Check out the full list of winners: https://lnkd.in/ev8PTq8

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This is not a promise of what we might do in the future - these are REAL ACTUALS from this year! Over $1B of purchase orders from 350 different companies in the Canadian supply chain!!! CANDU is the ONLY nuclear technology that can deliver this kind of economic value to Canadian businesses - and keep in mind that many of the projects that we are buying components and equipment for are located overseas. This is not because utilities have mandated this, this is because Canadian CANDU suppliers provide the best value globally and allow all of our unionized workers and manufacturers to compete on the global stage.

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This is a must read for those currently or those aiming to shape Canadian energy policy. We have presented a case that is concise and actionable. If something stands out or you want to know more, make sure to reach out. #natualgas #energy #energypolicy

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On Dec 5, CGA released our Bettering Canadian Lives document. In it, we outline what a federal government can do to support consumers and our economy with affordable reliable gas energy that is delivered by a world class infrastructure system. Let’s break down the document over a couple posts, starting with ‘getting the message right’. For a long time now there has been an uncertainty around where Canada stands with natural gas and its infrastructure. At times, there are positive messages for LNG and at times there are policies that aim to restrict the infrastructure that meets 40% of end use energy in Canada. On short, investors and consumers have reason to be confused. That said, the consumer however has been anything but uncertain about what they want. They want the infrastructure system to keep delivering them increasing volumes of gas energy. For all kinds of reasons: affordability, reliability, low emissions and energy security. Fun fact: one of the fastest growing markets for gas energy is home generators…and this is happening in all major markets. Consumers value energy reliability. And if this means installing a natural gas generator to solve for electricity outages, they are prepared to do so. We say all this because now is the time that Canada puts forward a visionary and forward looking message to consumers and investors about the future of gas energy and the infrastructure that delivers it. A message that Canada is open for business. A message that attracts reshoring and AI. A message that supports continued progress on emissions while recognizing consumer appetite for energy that meets their daily needs affordably and reliability. A message that is clear and will allow predictable investments by world class companies who are home grown here in Canada. The saying “money follows message” must be on the front burner. We need to be ready to compete with our southern neighbours. To do this, we stand ready to support getting the message right – and bringing a consumer focus to the discussion. Getting the message right would not just be welcomed, but celebrated by consumers, industry, investors and our allies. Let’s get to work! https://lnkd.in/e_JdpGZM

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According to this energy survey, Canadians are slowly realizing the importance of the oil and gas sector to Canada's economy. The United States has become the world's largest oil producer in history with the 11th largest oil reserves. Canada has the third largest oil reserves and is squandering its opportunity for Canadians to really benefit from its in-demand natural resources. Our economy and standard of living would transform overnight if we recognized this fact and decided to lead the global economy in the most innovative and efficient forms of oil and gas production. The US has clearly been increasing their oil production while simultaneously pushing the need for greater climate change measures because they understand what it ultimately means for their economy and that oil and gas is not going anywhere anytime soon. US Oil Production: https://lnkd.in/gSCvsVgb Global Oil Reserves: https://lnkd.in/gWHpVSQ4 Also, mining the minerals required to produce #EV batteries is nowhere close to being carbon neutral. Furthermore, even if every vehicle became an EV tomorrow the need for oil and gas would still be high because it's used to manufacture pretty much everything, including every plastic part found in EVs and throughout your household. Lastly and most importantly, #AI requires vast amounts of energy and that demand will grow exponentially as it continues to advance. Unless of course you believe that the tech sector and those that fund it will suddenly stop innovating due to an overriding commitment to energy conservation.... I didn't think so. They probably want you out of gas vehicles so that AI can consume it instead... https://lnkd.in/giHCZXjD

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Discover how the CTO of General Bank of Canada transformed IT from a service unit into a strategic powerhouse. Plus, learn why she sees AI shaping company culture more than tech itself. Tina Mathas BA. MSc. Ed Murray #GenAI #DigitalTransformation #ArtificialIntelligence Read more now:

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Recent research has been released by Laulima Consulting Inc. outlining key trends among TSX60 issuers. The following outlines some of our key findings specific to the nine companies within the energy sector: - The median year-over-year total direct compensation increase was 15.3% for same incumbent CEOs, exceeding all other sectors. - Similar to last year, short-term incentive payouts as a percentage of the target awards exceeded virtually all other sectors, reflecting positive industry performance and another favourable year for the sector.  - Pay mix (proportion of compensation delivered in base salary, short-term incentives and long-term incentives) among energy companies closely mirrors that of the broader TSX60 average.  - Despite a number of recent changes in taxation, the majority of energy companies (67%) continue to grant a meaningful proportion of LTI in stock options (ranging from 20% to 60%, or 30% on average of the total LTI).  Stay tuned for more updates and findings from Laulima Consulting Inc..

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HAVE YOU HEARD OF “S & G” COMPENSATION TARGETS? They’re the ones Canadian oil and gas executives have set for them by way of performance in the social and governance buckets of overall #ESG benchmarks. Increasingly, exec compensation is tied to critical metrics designed to ensure corporate performance is attractive to investors (and other stakeholders) increasingly focused on efforts that go beyond environmental improvements. This is a critical signal to markets that companies take sustainability dynamics seriously enough to tie them to pay. This includes a commitment to transparency and accountability in terms of overall governance efforts. Corporate boards and the companies they oversee, too, are being held to higher account in terms of composition, focus and direction as the world move toward higher standards of “doing well.” That includes ensuring where appropriate indigenous workforce development. The devil of all this is in the details. All of this means a lot of data. A lot of data. Data that is timely, topical and on point. Which at geoLOGIC systems ltd.'s global energy intelligence group Evaluate Energy we now have for Canada’s energy sector. We now provide deeper benchmarking and analytical horsepower for critical compensation and diversity objectives. Specifically, Evaluate Energy customers can now do deep data dives on: -         Individual compensation metrics -         Company-wide comp metrics -         Company-wide finance and operating metrics tied to comp -         Granular board-diversity details -         Indigenous workforce insights The new data additions are complementary to Evaluate Energy's broader finance, operating, and sustainability datasets. As well, we offer a comprehensive “documents library” of global #ESG reports. With the Canadian Sustainability Standards Board (CSSB) hard at work on its efforts to bring ever-higher levels of transparency to climate and sustainability disclosures, aligning executive compensation, diversity and workforce dimensions makes for well-rounded analysis. If you're an existing Evaluate Energy client, please test drive the next datasets with the guidelines we recently sent your way. If you're not a client, but would like to know more, please reach out to Nikki-Marie Zenonos at [email protected] Bemal Mehta Amit Patel Nikki-Marie Zenonos Terry Jbeili Satvinder Flore David Hood Jonathan Moore Mark Young Paul Harris Monika Strzelecka Stephen Werny Craig Stenhouse Frank McShane, PhD. Marie Jurcevic Yvonne Jeffery, MSc (Dist) Connie Van der Byl Andrea Hood Josh Litzenberger

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What-If . . . Read my article on the Struggle to Tap Real-Time Data for Budget & Resource Allocation in the Energy Industry https://lnkd.in/gBEeudP2

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I'd like to express my sincere appreciation to the leadership teams at Calgary Economic Development and Tourism Calgary for the refreshed Calgary brand framework, Blue Sky City. Over the past 20 years of my career, I've been fortunate to have been in a position to lead efforts to help build aspects of this place that were not, at the time, "core" to how the city sold itself: arts & culture, craft brewing, and now tech. Under the two previous iterations of the brand framework, it was not easy to tell the inspiring stories I encountered on a daily basis. It was frustrating because I had a front row seat to the things people checking out our city wanted to know about. I'd regularly hear "I know you don't have much of a culture scene/brewing scene/tech scene, but..." And after I was able to share the real (exciting!) story, inevitably eyebrows would raise and they'd give Calgary another chance. A single person telling stories one at a time just isn't scalable. I'm tired of fighting for more recognition of "Calgary's best kept secrets!" I want our artists, brewers and brilliant and hard working tech founders to be front page news ALONGSIDE the energy sector that has brought us so much prosperity, and the Stampede which has been putting us on the global culture and entertainment map for over 100 years. Arts & culture and tech especially are key to a diverse, growing, inclusive economy and the shared prosperity it generates. It doesn't really matter whether you personally liked the old slogan/s or not, they really didn't work on a number of dimensions. For example, years ago, I saw credible research that showed that "Heart of the New West" might as well have said "Heart of the Old West" in our core markets across North America unless you *already knew the city.* It didn't dispel stereotypes, it reinforced them. As for "Be Part of the Energy," the recent declining sentiment research on the city we experience as dynamic and growing just galvanizes my call to action. As shown by the signatories to the Op Ed below, Blue Sky City has already unlocked a commitment to collaborate from groups that previously felt marginalized in the Calgary story. In over 20 years around these tables, I have never experienced this level of collective enthusiasm. It is a game changer. I've also never been as enthusiastic about leading an organization that is part of this coalition. I'm excited about how we'll be able to spotlight the people in our tech and innovation ecosystem that are building the economy of the future. These efforts will help us attract talent, investment and customers for Calgary tech. If you have a stake in the future of Calgary, find a way to get behind this collective effort to better tell our story. The more of us that join in, the more impact we'll have, the more minds we'll change, the more people, visitors and investment we'll attract. And thanks to the inclusive leadership that built this framework, we're all invited! #BlueSkyCity

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QUESTION: WHEN IS AN ASSET WELL AND TRULY AN ASSET? ANSWER: WHEN GOOD DATA MAKES IT "INTELLIGENT". Think about this: across western Canada oil and gas companies own and operate literally thousands upon thousands of “assets” upon which their operational management efficiencies rely. But what differentiates them as real assets – from potential liabilities – is the data quality used to underpin their true asset value. In other words, “asset intelligence” is a critical factor in ensuring efficient and effective management of ever-complexifying asset bases. In this #thoughtleadership article by Jen Roney, Brian Hall, president of GDM Inc. and I reflect on the importance of asset-level data being effectively curated by the right partners. As Hall notes, it's a combination of the right data, meeting the right technology, for the right questions at the right time...to ensure risks of all types are mitigated. “It’s critical to have that holistic view,” says Hall. “Without that understanding, how can you handle more specific workflows, such as asset integrity workflows, relative to risk considerations, regulatory requirements, and compliance?” GDM Inc. and geoLOGIC systems ltd. are long-time data partners and allies. Such partnerships exponentially supercharge data integrity for clients, he adds. “There’s no question that the level of asset intelligence we offer can provide a strategic competitive advantage,” says Hall. “But our partnerships in the industry and how these strong collaborations benefit our clients is equally advantageous.” In our discussions, I made the point "intelligent" asset data is a powerful form of capital, particularly at a time when so much human knowledge capital has left the industry in a relatively compressed time frame. It's a knowledge vacuum good data can readily fill. “Data is knowledge capital,” says Whitelaw. “It’s intellectual capital, and it’s critical for the younger generation of leaders to recover all that data. Partners like GDM and geoLOGIC can get that data — and that knowledge — back for you.” You can read the entire article here. It's worth the time. https://lnkd.in/g2eSfp5s David Hood Wendy McAfee Andrea Hood Stephen Werny James Brownbill Giovanna Schipani, CWS Robin Williams Paul Harris Terry Jbeili

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