Natural Resources committee  I think in the short term that's a difficult question to answer. From a medium- to long-term perspective, in terms of some of the capital that we're seeing pulled out, that certainly will have huge implications for the activity of my members and their ability to have a larger cus

Natural Resources committee  Thank you very much, Mr. Chair and the rest of the committee. Thank you for inviting me. Canada's oil and gas industry is the envy of the world, and for good reason. We are innovators, early adopters, and natural conservationists. The women and men who work in our industry also

Finance committee  That would be correct.

Finance committee  I would argue that we need the federal government to put some political capital on the line. I think it's incredibly important that the federal government show leadership by making it clear that they are behind these pipelines and that they support the industry. I can tell you

Finance committee  That's correct.

Finance committee  I'm not an expert in that field, but that's certainly how it is being transported today.

Finance committee  We have seen examples in which the lack of pipeline infrastructure has resulted in a significant increase in rail transportation, yes.

Finance committee  Well, in the oil and gas service sector there are hundreds of companies that have differing expertise. It is a very segmented industry, from seismic to drilling to well servicing to wireline operating to transportation to vac-truck operators—the list goes on. It is largely a busi

Finance committee  Thank you for the question. I think it's up to our political leaders to talk about what goes into these regulatory reviews. There is more environmental study, engineering studies, transparency, and evaluation now than at any point in our history. The outcomes of these systems on

Finance committee  Thank you for the question and for being a truth seeker. We need to have an intelligent conversation, a fact-based conversation that appreciates, I think, both sides, but, quite to the contrary, the NEB and, quite frankly, the provincial regulators across the country that regulat

Finance committee  No. In fact, when you look at just the drilling industry, you see that our operations range right across western Canada, from southern Manitoba across Saskatchewan and Alberta and into northeast British Columbia. Then, of course, we also represent the offshore drilling rig indust

Finance committee  We have come out publicly in support of an initiative that Premier Wall has presented. It's what I think is a very targeted program that would inject activity into the specific industry and the very small businesses that are in desperate need right now. I think programs like this

Finance committee  Yes. I want to also mention that nobody is taking responsibility in the producing community to clean up abandoned wells, but given the unprecedented times we're in, I think this is an important targeted program to think about.

Finance committee  There are approximately 160 drilling rigs working today, out of a fleet of about 750. In terms of comparison, there were about 300 at the same time last year, and then in 2014 around 500.

Finance committee  There were about 500 rigs.