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Transport committee I can't tell you that information. We have a mix of public and privately traded companies. Some of them are part of multinational companies that do not produce disaggregated numbers.
April 10th, 2014Committee meeting
Peter Boag
Transport committee I can't even give you a ballpark, Mr. McGuinty.
April 10th, 2014Committee meeting
Peter Boag
Transport committee It would be more than that, but I can't tell you.
April 10th, 2014Committee meeting
Peter Boag
Transport committee I think we don't have a clear answer to that yet. We're looking at a large number of companies that own, operate, and lease cars, so I think some of that research has been done to help Transport Canada identify what actually is a practical timeline. I would certainly defer to o
April 10th, 2014Committee meeting
Peter Boag
Transport committee Thank you very much and good morning, Mr. Chairman and members of the committee. My name is Peter Boag, and I'm the president of the Canadian Fuels Association. With us via video conference from Calgary this morning is Brian Ahearn, vice-president of our western division and one
April 10th, 2014Committee meeting
Peter Boag
Natural Resources committee Mr. Regan asked a similar question on the factors that influence cost, and ultimately profitability and viability of a refinery. Certainly proximity and access to feedstock is one, but it's not the other. We talked a bit about it. It used to be that close to market was the most
March 6th, 2014Committee meeting
Peter Boag
Natural Resources committee —but it's not. Certainly the Edmonton area refineries enjoy the benefit of a relatively easy access to crude. They also enjoy the benefit of a fairly strong and growing market. In fact, it's the one area of the country where our refineries are consistently operating at or above
March 6th, 2014Committee meeting
Peter Boag
Natural Resources committee And the associated petrochemical. We said the same thing in the Sarnia-Lambton area, where we have those refineries—
March 6th, 2014Committee meeting
Peter Boag
Natural Resources committee It's difficult to say for our segment of the industry. I'm not an expert on natural gas, and I'm not an expert on that component of the sector, but certainly any positive activity like that will have spinoff benefits that ultimately would impact our membership. On the natural g
March 6th, 2014Committee meeting
Peter Boag
Natural Resources committee Yes. For those who don't currently have access to natural gas, yes.
March 6th, 2014Committee meeting
Peter Boag
Natural Resources committee Canada is not a net importer of gasoline; we're a net exporter of gasoline. We export substantial quantities of gasoline to the northeast United States. Our current refining capacity in Canada is about two million barrels a day; our actual production is closer to 1.6 million or 1
March 6th, 2014Committee meeting
Peter Boag
Natural Resources committee Certainly. We've talked about the challenges for the refining sector. We mentioned that there have been some recent closures, but there's also been some expansion of existing refining capacity. We are seeing the first new refinery in Canada in 30 years being built to the north
March 6th, 2014Committee meeting
Peter Boag
Natural Resources committee Yes, a significant expansion of the co-op refinery in Regina over the last number of years going from 100,000 barrels a day to 145,000 barrels a day.... The North West Redwater upgrader refinery project north of Edmonton, the first phase now under construction, 50,000 barrels per
March 6th, 2014Committee meeting
Peter Boag
Natural Resources committee Absolutely not, if that question is posed to me. I'm not sure why anyone would have thought we would have been asking for that.
March 6th, 2014Committee meeting
Peter Boag
Natural Resources committee It's a realm of making sure the economic environment...and that includes a number of variables. One is the infrastructure issue—we've talked a bit about that today—and making sure that Canadian refineries have access to a diversified supply of crude, where they can make crude sel
March 6th, 2014Committee meeting
Peter Boag