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Natural Resources committee Okay, we'll come back to that question.
February 27th, 2014Committee meeting
Jay Khosla
Natural Resources committee In terms of the economic benefits to local communities across the country, or within Alberta? Is the question across the country or within Alberta?
February 27th, 2014Committee meeting
Jay Khosla
Natural Resources committee As I mentioned off the top, in terms of my presentation, we see huge economic benefits across the country and locally within Alberta of oil sands development. We see big dividends, whether it be in Alberta, Quebec, or Ontario. For example, in Ontario, $600 million was invested in oil sands activity.
February 27th, 2014Committee meeting
Jay Khosla
Natural Resources committee Uniformly positive, in the sense of the economics of the equation, or universally positive—?
February 27th, 2014Committee meeting
Jay Khosla
Natural Resources committee In answering directly to the question, I would say generally yes. In terms of economic benefits across the country, they're uniformly positive.
February 27th, 2014Committee meeting
Jay Khosla
Natural Resources committee Thank you for the question. In terms of the time-limited opportunity, there are a couple of points that I'd like to make. The first is what was in the presentation. We know very well on our end that in the United States there's been a technological revolution in energy development, especially when it comes to oil and gas.
February 27th, 2014Committee meeting
Jay Khosla
Natural Resources committee Sorry, could I just come back on the question, too?
February 27th, 2014Committee meeting
Jay Khosla
Natural Resources committee Ms. Duncan, we're always looking to bring the evidence base on board and we'll be looking at that study you mentioned, of course, to improve our programming as well. I just wanted to let you know we do deal directly with landowners, among others, in terms of looking at issues. We'll incorporate that evidence base, so I appreciate your highlighting it.
February 27th, 2014Committee meeting
Jay Khosla
Natural Resources committee Carol will be able to give you the exact reference on the study. Again, I have to apologize to committee. If we misinterpreted the purpose of the study, that's our fault. We can certainly answer all the questions that are coming. Carol?
February 27th, 2014Committee meeting
Jay Khosla
Natural Resources committee Right.
February 27th, 2014Committee meeting
Jay Khosla
Natural Resources committee Chair, I apologize if we misinterpreted the purpose of this study. We're happy to talk about oil and gas, no question about that. The title of the study, as it was handed to me, is the cross-Canada benefits of developing the energy industry, with an emphasis on oil and gas.
February 27th, 2014Committee meeting
Jay Khosla
Natural Resources committee So that was our take on the presentation. Having said that, the energy sector in Natural Resources Canada does focus further than oil and gas and that's the purpose of the presentation.
February 27th, 2014Committee meeting
Jay Khosla
Natural Resources committee I don't know if we do. I don't have it right before me. I don't know if anybody else here has the exact breakdown by province in terms of oil and gas.
February 27th, 2014Committee meeting
Jay Khosla
Natural Resources committee Sorry, I didn't realize you had a direct question on the regulations. I apologize for that. I assume you're talking about the work on greenhouse gas regulations.
February 27th, 2014Committee meeting
Jay Khosla
Natural Resources committee That's under the domain of Environment Canada. It's the lead in the government on that particular file. I know it's working away at it, and has been. I'd expect it to be in a better position to answer. I certainly would not want to steal its thunder in that regard. In fact, it is the best positioned.
February 27th, 2014Committee meeting
Jay Khosla