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Natural Resources committee As the proposed amendment before us is an additional amendment to the amendment, it would obviously expand the groups. But I'm not an expert as to whether a municipality in different circumstances...and what the definition of that is. My understanding is that municipalities in la
April 23rd, 2015Committee meeting
Jeff Labonté
Natural Resources committee It is part of the hearing record of the National Energy Board certificate conditions today. In establishing the conditions that will be required on a go-forward basis, it will be part of the certificate conditions. Those are public.
March 24th, 2015Committee meeting
Jeff Labonté
Natural Resources committee For existing pipelines, you would see them in the record of those existing pipelines that might be—
March 24th, 2015Committee meeting
Jeff Labonté
Natural Resources committee It is actually a criterion of the board. The board reviews today, and has for 50 years, the economic circumstances of the company making the application. They have not necessarily in all cases provided for “You must have $100 million in insurance”, but they have reviewed the ec
March 24th, 2015Committee meeting
Jeff Labonté
Natural Resources committee Thank you for the question. We envisage that the first step actually involves the National Energy Board, who are the experts, and the regulators establishing an understanding and providing a recommendation to the minister that a company is either not able to deal with the incide
March 24th, 2015Committee meeting
Jeff Labonté
Natural Resources committee I'll do my best.
March 24th, 2015Committee meeting
Jeff Labonté
Natural Resources committee Let's start at the beginning. Companies are absolutely liable for $1 billion. We have all of the measures in place to ensure in the regulatory frame that the companies have the $1 billion, that they have the adequate financial circumstances. We've—
March 24th, 2015Committee meeting
Jeff Labonté
Natural Resources committee In the world of incidents that have occurred, and incidents that we've seen and behaviour that we've seen, there's nothing to suggest that companies will not behave in the way that we expect them to or that they financially can't. I think it's reasonable to say that it's unlike
March 24th, 2015Committee meeting
Jeff Labonté
Natural Resources committee We hope so. That 99.999% is great. It ought to be as good as it can be.
March 24th, 2015Committee meeting
Jeff Labonté
Natural Resources committee Based on the framework we have with specific elements around prevention, preparedness, response, liability, and compensation, we feel that adding further strength to try to prevent incidents is the first and most important step to preventing damage and the area on which we are fo
March 24th, 2015Committee meeting
Jeff Labonté
Natural Resources committee The three-year limit—if I'm correct, Joseph; thankfully the Justice folks are here on the more broad scale—really deals with the claims that are made in the context. I'd have to kind of leave it at that for now and perhaps lean on my colleague to speak to the question.
March 24th, 2015Committee meeting
Jeff Labonté
Natural Resources committee It all should be transported safely. All crude oil and oil-related products have elements about them that make them, what in the rail world is termed, “dangerous goods”, but from the perspective of this thing versus that thing, it's all to be concerned with equally.
March 24th, 2015Committee meeting
Jeff Labonté
Natural Resources committee It's in slide 10 of the information that we provided, just recognizing that in 2013 there was some $133 billion of hydrocarbons moved over Canada's federally regulated pipeline networks. Some 6,000 jobs and $7 billion in revenues were generated by the pipeline industry. In terms
March 24th, 2015Committee meeting
Jeff Labonté
Natural Resources committee Her Majesty works in the public's interest.
March 24th, 2015Committee meeting
Jeff Labonté
Natural Resources committee There are two components. The board has the authority in this piece of legislation to order payment for costs incurred for cleanup. That provision doesn't exist today. If you as a landowner were impacted and had costs associated with dealing with an incident or that aspect, the
March 24th, 2015Committee meeting
Jeff Labonté