That same report also points to other barriers, including the global competitiveness of the oil and gas sector. Oil sands and heavy oil projects face some significant disadvantages in the global marketplace, like a significantly higher cost of production.
We've heard in other testimony that innovation and new technologies can help lower those costs, but in your view are there limits to how much technological innovation can help to close that gap and put oil sands and heavy oil on a level competitive footing with other global oil sources?