Thank you, Mr. Chair.
Thank you to the witnesses for coming to help us study energy security in Canada.
My question would be to Mr. Ferguson.
Mr. Ferguson, in your opening remarks you made a comment that shale gas is changing the landscape in the industry and that B.C. is a model for shale gas exploration. You also said that B.C. has an effective and efficient regulatory model and that the B.C. Oil and Gas Commission is recognized as a regulatory leader.
We all know that natural resources are under provincial jurisdiction. We also know that the federal government is leading with several research and mapping initiatives in the field, as well. I also understand that other governments and foreign entities have recently been engaging with Canadian experts with regard to developing their oil and gas exploration and their regulatory frameworks.
My question to you is whether you are aware of any of these jurisdictions. If yes, then I'd like you to elaborate on what you feel Canada has to offer in terms of expertise, both in establishing the proper regulatory framework and with regard to the potential economic opportunities.