Mr. Bruce Sloan at the Natural Resources Committee

On February 5th, 2013. See this statement in context.

February 5th, 2013 / 4:20 p.m.

Principal, Sustainable Development Strategies, Audits and Studies, Office of the Auditor General of Canada

For the absolute total across all the operators, I'd have to calculate that for you and come back to you on it.

I mean, I think we can go through.... Operators are required to post securities for the absolute limit of $30 million, so each of the operators has posted that. They are required to provide securities that can be accessed on proving fault, up to $70 million. There are securities that the boards are holding for that.

Beyond that, it is what is the financial capacity of...? The boards look at the financial capacity of individual operators, but we did not attempt to aggregate that across all operators.

We could come back to you with that information.

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