Thank you.
Because we know our oil company friends, who are refusing to come to our committee, have been saying that they think it's unfair they're having to pay 48% of the costs, while the public gets stiffed with 52%. They want a better deal. Hopefully, they'll come. We'll be asking them to come.
When I look at the Tsleil-Waututh Nation's report...and you talked about your great indigenous partnerships. They say this pipeline is in the heart of their territory. It states:
Tolls that cover less than half of a project’s costs cannot be found to be just nor reasonable, nor in the public interest. Approving this interim toll application would set a dangerous precedent by conflicting with the CER Act, and with guidelines from the NEB and CER. More importantly, the applied for tolls violate well established principles of rate design, including cost-of-service recovery; fair return; revenue sufficiency; efficiency; and transparency.
Do you think that's a fair analysis of us being stiffed as taxpayers for the other 52% of Imperial Oil's costs to run bitumen?
