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Transport committee  I think you asked one of the fundamental questions in front of government and the committee itself. Canada is resource rich. We have 172% more energy than we need to satisfy domestic demand. In the case of fossil fuels, we have one customer, which is the United States. Their expo

October 26th, 2017Committee meeting

Greg D'Avignon

Transport committee  That's correct. The International Energy Agency, in its most recent report, shows that hydrocarbon consumption is going to continue to represent a significant portion of global energy demand, particularly with an emerging middle class, particularly in south Asia, central Asia, an

October 26th, 2017Committee meeting

Greg D'Avignon

Transport committee  I don't have that information in front of me, but I'd be happy to forward the International Energy Agency's most recent report to the committee.

October 26th, 2017Committee meeting

Greg D'Avignon

Transport committee  Globally, the only customer for Canadian fossil fuels is the United States. They are now a net exporter of oil, including an exporter to Canada, in excess of 430,000 barrels per day. We are the fourth-largest supplier of oil in the world, but to one customer.

October 26th, 2017Committee meeting

Greg D'Avignon

Transport committee  If you were to quantify the total capital investment that is placed in Canada by the private sector in any given year.... In 2015, 25% of that capital investment came from the energy sector in Canada. It has since been reduced, given the lower price of oil. It's about 19% today,

October 26th, 2017Committee meeting

Greg D'Avignon

Transport committee  Mr. Hardie, I think that's a good question. I think in the prescribed five minutes, we would tend to glaze over some of the complexities of the question you just asked. In British Columbia, as you might be aware, and certainly in Alberta, because of the plentiful supply of elec

October 26th, 2017Committee meeting

Greg D'Avignon

Transport committee  Certainly.

October 26th, 2017Committee meeting

Greg D'Avignon

Transport committee  Thank you, Madam Chair. Thank you, standing committee, for the invitation to present today. My name is Greg D'Avignon, and I am the CEO of the Business Council of British Columbia. We are in our 51st year. We are an organization of 260 firms that have assets and operations in t

October 26th, 2017Committee meeting

Greg D'Avignon