Natural Resources committee  Ms. Buckley may very well have things she wants to add because she's a little bit closer to the actual work that we're doing at Natural Resources Canada, but I just want to comment in a general kind of a way. There has been huge technological progress in the oil sands since Sunc

Natural Resources committee  If I could add a word, it's not just agriculture that we see as a potential feedstock, but also the forest industry, if we get cellulosic ethanol working.

Natural Resources committee  For precise numbers, I'll have to get back to you after checking with the experts. I believe about half of our total emissions come from what have been called the large final emitters, many of which are either resource industries, like oil and gas, or industries closely linked to

Natural Resources committee  I'd be happy to come back at another time to tell you in detail about our responsibilities for electrical reliability. I only have one small clarification. The federal government is of course not directly responsible for the reliability of the electrical system; it's the respon

Industry committee  Thank you very much, Mr. Chairman. I tabled a statement, which I hope got to you in time to distribute to the members. That being the case, I'll give you the Cole's Notes version of the presentation. I guess the starting point for what I want to say, Mr. Chairman, is the obser

Industry committee  Let me start with the question about the $40-a-barrel oil. I think we all realize that predicting where oil prices are going to be next month, let alone five or ten years from now, is a pretty difficult challenge. The oil companies, not just in Canada but internationally, have

Industry committee  I don't in any way mean to be argumentative, but I'd take something a little different away from the chart. If you look at the period up until 1984, the 1981, 1982, and 1983 prices were noticeably lower than those in the United States. The Canadian prices are shown by the red box

Industry committee  I'd be happy to respond if Mr. McTeague wants to ask a question.

Industry committee  I have to confess that I don't know the answer to that. I'm looking at my technical experts, and they're busy looking at the floor, so I suspect they don't know either.

Industry committee  There was a banking crisis in Scandinavia, I think, in the early nineties. There may have been a precipitous exchange rate move or something at the time, but that's speculation on my part.

Industry committee  There are two things. I'll just make a general comment about the data series and what we're actually measuring here. These are compilations by the International Energy Agency of data from national statistical sources. All those data series will have measurement errors around th

Industry committee  I think there is information in the data. All I'm suggesting is, you have to treat it, as you do with any economic time series, with a little bit of caution. The second point is that these data of course include taxes. So you may see differences between countries as a result of

Industry committee  Thank you very much, Mr. Chairman. I just want to offer a brief comment in response to something that I thought I heard Ms. Stronach say, something to the effect that it was unfortunate we were losing high-tech jobs and falling back on natural resources. I just wanted to offer

Natural Resources committee  Thanks very much, Mr. Chairman. It's a pleasure to be back here in front of the committee. The oil sands is an area that has obviously attracted a huge amount of interest recently, and that's not surprising, given the scale of the investment that's being talked about there, giv

Natural Resources committee  Excellent. Starting on page 2, we note that this natural resource is not only important in economic terms but indeed is strategic, given its position in a politically stable part of the world. Established reserves are estimated at 174.5 billion barrels, but in fact the ultimate