Certainly the supply situation in Canada is going to remain strong, because we are in a market that, in terms of the demand for refined products not only in Canada but in North America, is flat to declining. That is a function of our mature demographics, our very mature transportation systems, rapidly expanding vehicle fuel-efficiency requirements, as well as the increased market penetration of alternative fuels. The demand for refined petroleum products is actually flat to declining, if you look out over the long term in North America.
On March 10th, 2015. See this statement in context.