I completely agree with you.
As I said in my introduction, I am from a business school where very few of my colleagues are interested in the energy sector. This can be attributed to the fact that we have always invested a great deal of money in engineering research. A lot of attention is given to how oil is extracted from the tar sands and on how to improve electrical processes. A lot of money is invested in research on technical aspects, which is very important, except that we have reached a point where we have a lot of technical knowledge, but insufficient management knowledge. That means that management practices are not sufficiently developed.
Universities should actually do much more research and analysis. Statistics Canada could also do more analysis and research.
In the presentation I submitted to the clerk that you will receive today, I mentioned Statistics Norway, the equivalent to Statistics Canada. It is Norway's statistical research agency. In addition to gathering statistics, the agency's researchers and analysts use that data to conduct research and inform the government, the investment community, and users on energy use, production, and processing in Norway.
That is done within the Norwegian government. Norway is very similar to Canada in that it produces a lot of oil, hydroelectric power, and biomass. Its climate is also comparable to ours. The country would be a good source of inspiration for us. It has a population of 4 million and the government conducts more research on the energy economy than the Canadian government does.