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Natural Resources committee  What's driving our expansion is the rapid increase in production that we're seeing in the shale gas and unconventional plays, particularly in northeast B.C. The Horn River Basin is a shale play in the Fort Nelson area. We have a very large infrastructure in place, and by infrastr

February 15th, 2011Committee meeting

Douglas P. Bloom

Natural Resources committee  We believe that establishing a national energy strategy is a good idea and that now is a good time to address that issue. We're fortunate that we have abundant resources. We've had abundant market opportunities as well. However, on the natural gas side, we're in an increasingly c

February 15th, 2011Committee meeting

Douglas P. Bloom

Natural Resources committee  We think the National Energy Board has done a good job of establishing a regulatory framework that's clear and understandable and relatively dependable in terms of the timelines for handling regulatory applications. That's a very important and sometimes under-appreciated part of

February 15th, 2011Committee meeting

Douglas P. Bloom

Natural Resources committee  Let me comment on natural gas, for starters. There is a pretty substantial east-west infrastructure in place right now, and in fact it has been in place for decades now. There are pipeline systems that extend from Alberta and western Canada—and you could extend that back to Bri

February 15th, 2011Committee meeting

Douglas P. Bloom

Natural Resources committee  Thank you. We see in Quebec as well as in several other jurisdictions, Manitoba and British Columbia among them, that we have an abundant hydroelectric supply. Those two are very clean sources of energy, and as a result, between the clean and abundant nature of the supplies and

February 15th, 2011Committee meeting

Douglas P. Bloom

Natural Resources committee  In short, we feel that there's a tremendous opportunity in Canada at this point. We're blessed in this country with abundant resources. We've been also very fortunate to sit next to the largest market in the world, but we're also accessible to many other very large and emerging w

February 15th, 2011Committee meeting

Douglas P. Bloom

Natural Resources committee  Thank you. Let me start with the regulatory efficiency point that I wanted to make. The issue here, sir, is that investment decisions really are advantaged when we have greater certainty of the process, so we encourage any steps on the regulatory side that help us provide clarit

February 15th, 2011Committee meeting

Douglas P. Bloom

Natural Resources committee  Thank you, Mr. Chairman, and thank you for allowing me the opportunity to appear before the committee. Let me just say from the outset that if there's anything that you need for the committee's work that I'm unable to provide today, we'd be happy to follow up separately and make

February 15th, 2011Committee meeting

Douglas P. Bloom

Natural Resources committee  Thank you, Mr. Chairman, and thank you for allowing me the opportunity to appear before the committee. If there's anything you need for the committee's work that I'm unable to provide today, we'd be happy to follow up afterwards and make sure we get you the information you need.

February 15th, 2011Committee meeting

Douglas P. Bloom

Natural Resources committee  Do you want me to start with testing?

February 15th, 2011Committee meeting

Douglas P. Bloom

Natural Resources committee  Are you able to hear me now? Thank you for the opportunity to appear before the committee....

February 15th, 2011Committee meeting

Douglas P. Bloom