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Finance committee  Thank you for the question. First of all, you mentioned the rate at which extraction of the oil sands may or may not take place. I think it's important to note that the reserves there are sufficient for many, many, many years at any rate, whether a high or low potential estimat

February 27th, 2007Committee meeting

Dr. Michael Raymont

Finance committee  Absolutely correct. Several witnesses have talked about reality. The reality is that we absolutely must have the oil from the oil sands. There are no other sources of energy that can come on stream quickly enough to replace them. The number one priority for this government and

February 27th, 2007Committee meeting

Dr. Michael Raymont

Finance committee  Thank you, Mr. Chairman and members of the committee. It's a pleasure to speak to you from Calgary. I received about four hours' notice for this, so you have no handout from me at all. I'm going to speak totally off the cuff. If you want further information provided later, I ca

February 27th, 2007Committee meeting

Dr. Michael Raymont