Natural Resources committee  Mr. Patterson has made a number of allusions to the Atlantic accord, which is a formula that stipulates a certain investment in R and D by the participants in Newfoundland's offshore oil industry. I'm not aware of anything quite like that in Alberta. It is certainly something tha

Natural Resources committee  There are two things. Obviously, COSIA is a very important setting for the sharing of intellectual property regarding the oil sands. You are familiar with COSIA. It's also important to note that smaller companies invest between 8% and 9% of what they spend on R and D to protec

Natural Resources committee  Yes, and I would say and vice versa. The two examples I gave you a moment ago began in other industries and flowed into the oil and gas industry. Obviously Mr. Patterson's company began in the oil and gas industry and has flowed into other industries, so both relationships exist.

Natural Resources committee  I think it's a terrific question. Thank you very much, Mr. Trost. The reason why technology companies flow back and forth between different industries is that their investments in R and D are so significant that often they need to be leveraged across value propositions in many

Natural Resources committee  This is a very interesting question. I have to say first that, as you all probably know, Alberta has a price on carbon. It's $15 a tonne, and the way it works is that in the oil and gas industry large emitters can either invest in renewable energy projects, or they can improve th

Natural Resources committee  Thank you very much for that question. I think one of the challenges that all of us as Canadians face is to have better information about the impact of SMEs on the economy, and particularly on exports. If one does an analysis of exports by size of firm, in the non-resource secto

Natural Resources committee  Good morning, ladies and gentlemen. Thank you for this invitation to appear before the Standing Committee on Natural Resources to address the important issue of the cross-Canada benefits of the development of the oil and gas industry on the Canadian economy. We have circulated

Natural Resources committee  In terms of timelines, you saw our export projections. It takes a generation to build an industry. This is a 15-year-old industry today, so within the next 10 years we could, if we put our minds to it, build a $60-billion industry that generated $40 billion in exports. I've given

Natural Resources committee  Yes, there are banks that service all, but the size of transactions and the capital available to smaller companies is not the same as the capital available to bigger companies. With regard to the slide on page 14, these are not economic assumptions; they are the forecasts by the

Natural Resources committee  Mr. Chair.

Natural Resources committee  I'm sorry, Mr. Chair. I should have said that if you'd like to know about banks and access to capital, I recommend to you the article in the Financial Times regarding the European Central Bank and its ability to add liquidity for SMEs and to buy securitized debt from SMEs. Thank

Natural Resources committee  In terms of most promising, I recommend that the committee take note of the findings of the report, but top of mind, some of the most promising would include community-sized renewable energy technology. For remote communities in the north, and including our own mines that are all

Natural Resources committee  Thank you very much for that question. As you know, Canada has made significant investments in what is referred to as short-term financing, short-term or fast-start financing, in the context of discussions on climate change. Those investments amount to $891.5 million. The inve

Natural Resources committee  Thank you very much, Mr. Benoit. We are very happy to be here today, and I am honoured to represent the Canadian Clean Technology Coalition. I'd like to focus on three major things in my presentation today. The first is to address the question of how significant Canadian cle