Subcommittee of the Standing Committee on Finance on Bill C-38 committee  I think having a credible, efficient, effective regulatory process will improve social licence.

Subcommittee of the Standing Committee on Finance on Bill C-38 committee  That's what this is about.

Subcommittee of the Standing Committee on Finance on Bill C-38 committee  Bill C-38 will lead to credible environmental assessment more efficiently and more effectively than we do today, and that will assist in increasing our social licence.

Subcommittee of the Standing Committee on Finance on Bill C-38 committee  What we've said consistently is that the regulatory process needs to be embedded in a broader public policy framework. I would expect the Government of Canada to defer to the regulator on those matters that are directly the purview and the expertise of the regulator. But I would

Subcommittee of the Standing Committee on Finance on Bill C-38 committee  I think they have expertise in public policy, and I think public policy is relevant to decisions that are being made about pipelines and other matters.

Subcommittee of the Standing Committee on Finance on Bill C-38 committee  I can tell you with absolute certainty that we're not seeing any reduction in the amount of federal government engagement in environmental monitoring of the oil sands, so I'm not concerned about that.

Subcommittee of the Standing Committee on Finance on Bill C-38 committee  I would observe that much of what's being talked about here has been discussed over a period of years, not weeks or months.

Subcommittee of the Standing Committee on Finance on Bill C-38 committee  There have been numerous discussions with numerous parties, including CAPP—

Subcommittee of the Standing Committee on Finance on Bill C-38 committee  I think that one is fairly straightforward. Rather than having a multitude of departments or agencies involved in the review process, single-point accountability goes a long way to making processes work better. I think it's as simple as that. It's consolidating the review respons

Subcommittee of the Standing Committee on Finance on Bill C-38 committee  No. I think that's a very unreasonable assertion. Absolutely not.

Subcommittee of the Standing Committee on Finance on Bill C-38 committee  There's no question that it has delayed.... I can think of a couple of examples. There was a Shell project that I believe came forward in 2007. Their most recent mining development is still waiting for or I think just got terms of reference for the environmental review. In the

Finance committee  Thanks very much, Mr. Chairman and members of the committee. We very much appreciate the opportunity to appear before you. My name is David Collyer. I am the president of the Canadian Association of Petroleum Producers, or CAPP. We have representatives from Encana and Shell als

Finance committee  Yes. I would make a couple of comments in response to that question. The first is that over the longer term, investment in these LNG facilities will deliver significant economic benefit. We have included in our submission, based on 5 bcf per day—which is a reasonable estimate, I

Finance committee  I'll give you a very quick answer. The oil and gas sector creates huge revenue streams to government and Canada, both provincially and federally. That allows governments to fund numerous programs, be they health care, education, or others. By creating a competitive tax environme

Finance committee  I think the short answer is yes. I would make a couple of observations. The first is that a healthy gas market that works for both producers and consumers is what we need. That will attract investment, and it will attract investment across the country in areas where there is the