I can quantify it, because we did have three pipelines that were in various stages of development and got cancelled because of regulatory uncertainty or a political point of view: the northern gateway pipeline, the Keystone XL pipeline and the energy east pipeline.
If all of those had been constructed, we would be generating 2.5 million barrels a day in additional production. At today's prices, that would be 55 billion dollars' worth of GDP. Governments take about 40% of that. The provincial and federal levels of government split it about equally, so there would be anywhere from $10 billion to $15 billion a year in additional tax revenue for the federal government and about the same for Alberta.
That's what we have foregone because of the policies of the last 10 years. We don't want to see any of that future production foregone, and that gives you some idea of what would be possible if we were to grow our production and exports by 2.5 million barrels a day.
