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Natural Resources committee  The majority of the locations listed there are in western Canada. They continue to be in western Canada. Most of the projections recognize the potential in eastern Canadian provinces but recognize that there isn't a regulatory context nor a context that supports the development

April 18th, 2013Committee meeting

Jeff Labonté

Natural Resources committee  I'm just going to reference that. I'll try to be quick here. Is this the U.S. demand curve?

April 18th, 2013Committee meeting

Jeff Labonté

Natural Resources committee  I'll ask my colleague from the electricity branch to respond.

April 18th, 2013Committee meeting

Jeff Labonté

Natural Resources committee  Yes, Canada exports coal.

April 18th, 2013Committee meeting

Jeff Labonté

Natural Resources committee  Thermal coal and meteorological coal are two different types. Meteorological coal is for steel production. It was about $6.8 billion in 2012.

April 18th, 2013Committee meeting

Jeff Labonté

Natural Resources committee  All over the world. That said, the U.S. exports more coal than Canada.

April 18th, 2013Committee meeting

Jeff Labonté

Natural Resources committee  It comes from Alberta and British Columbia, but other parts of western Canada as well, in smaller amounts.

April 18th, 2013Committee meeting

Jeff Labonté

Natural Resources committee  Yes, sir. From a policy perspective, I think the speed at which rail has really taken on an ability to move has caught everyone a bit by surprise. It comes with some of the unconventional development, some of the unconventional development in the Bakken and in other areas in Sas

April 18th, 2013Committee meeting

Jeff Labonté

Natural Resources committee  In support of my colleague, I think there are quite a few other parts of the Government of Canada that provide trade promotions. There's the Export Development Corporation, the Canadian Commercial Corporation—there are other forums I think where you have a buyer and a seller work

April 18th, 2013Committee meeting

Jeff Labonté

Natural Resources committee  I think that for us the risks are trade barriers that prevent the free flow and market-based solutions to things. To us, I think the risks are strain on capital, and strain on labour and resources and on our infrastructure that gets the energy to markets. If we're going to sell

April 18th, 2013Committee meeting

Jeff Labonté

Natural Resources committee  On the value added and upgrading in the refining sector, it's a global market. It's one in which the capital investments are extremely large. They typically occur over long cycles where you expect to have a return on your investment, with stability and with market growth and acti

April 18th, 2013Committee meeting

Jeff Labonté

Natural Resources committee  I don't believe there's an issue about people not understanding Canadian crude products. I think it's about the infrastructure. That needs to correspond to the growing production.

April 18th, 2013Committee meeting

Jeff Labonté

Natural Resources committee  From a commodity perspective, yes.

April 18th, 2013Committee meeting

Jeff Labonté

Natural Resources committee  I think one of the things we see, from a policy perspective in energy market diversification, is the need to ensure that our advocacy and diplomatic efforts, for example, in Europe, continue to recognize the responsible development of the resources that occurs in Canada and that

April 18th, 2013Committee meeting

Jeff Labonté

Natural Resources committee  I think what's driving it is growth of economies, particularly developing economies that want to create a larger middle class and a larger society that reflects closer the one we have in Canada. Certainly, that demand is growing quite a bit. The fuel, if you will, to energize tha

April 18th, 2013Committee meeting

Jeff Labonté