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Natural Resources committee  I cannot enumerate any large number of steps we have not taken because of it. But in the context of strengthening competition worldwide and the need to ensure that the Canadian industry itself is strong enough and capable of taking that on, we see this legislation as having the a

November 16th, 2009Committee meeting

Murray Elston

Natural Resources committee  At this stage we are involved with other utilities following the current process, which is to go to the department and get a designation. That is effectively a very slow process, and we haven't been able to make much headway on that. We have resorted to--and I mean “resort” in

November 16th, 2009Committee meeting

Murray Elston

Natural Resources committee  If they have been run, I have not seen them. And I have not done that.

November 16th, 2009Committee meeting

Murray Elston

Natural Resources committee  No, but I am aware of the fact that there have been scenarios undertaken. I haven't really seen any of those. I do know that the litigation that Ms. McClenaghan speaks about, for instance, had a series of experts. I will go back and actually take a look at it, and I will probab

November 16th, 2009Committee meeting

Murray Elston

Natural Resources committee  You must be tired...[Inaudible--Editor]

November 16th, 2009Committee meeting

Murray Elston

Natural Resources committee  I think the concern, chiefly, is more to the point that certainty for business prospects is always the best route to take. I think that being able to count on a reasonable progression towards review and consultation is always preferred for business so that we can make appropriate

November 16th, 2009Committee meeting

Murray Elston

November 16th, 2009Committee meeting

Murray Elston

Natural Resources committee  I think Mr. Stensil was talking about 2004. At the preliminary stage of any legislative review, I think it's not uncommon to have to start with somebody, but obviously the difference in this situation is that we're in front of this parliamentary committee for the second time now

November 16th, 2009Committee meeting

Murray Elston

November 16th, 2009Committee meeting

Murray Elston

Natural Resources committee  I can't talk about all other sorts, but when you consider that most of the energy companies in Canada are generally owned by government shareholders, a certain self-insurance goes on with a number of those. When you take a look at the various places where in fact that shareholder

November 16th, 2009Committee meeting

Murray Elston

Natural Resources committee  Some people like the word “subsidy” because it attracts a lot of attention. I think it's good business sense from shareholders in the electricity business to underwrite their own obligations to be safe and secure for their populations. I see nothing wrong with that. I don't see i

November 16th, 2009Committee meeting

Murray Elston

Natural Resources committee  I think, Madam Brunelle, we are suggesting that moving from the $75 million to the $650 million will put a lot of pressure on the ability of the existing insurance entities to provide us with that coverage, but we are looking to increase the number of places to which we can go to

November 16th, 2009Committee meeting

Murray Elston

Natural Resources committee  Under the provisions of this legislation we have the opportunity to designate an insurer residing with the government. At the moment that insurer is an association of insurers, which is the only party we can go to in Canada. We have made presentations to NRCan—not only Bruce Powe

November 16th, 2009Committee meeting

Murray Elston

Natural Resources committee  Yes. Actually, I think moving it from $75 million, as it is now, to $650 million is seen as a very big uptake in the values against accidents. I think the industry itself works overtime to ensure that we have a safe operation, and as Ms. McClenaghan identified, we have been saf

November 16th, 2009Committee meeting

Murray Elston

Natural Resources committee  Thank you very much, Mr. Chair. I work for Bruce Power, which is a privately owned nuclear operator located in Bruce County in Ontario. We operate six CANDU units, and two other units are currently under refurbishment at our site. The six units deliver approximately 24% of Onta

November 16th, 2009Committee meeting

Murray Elston