Transport committee  Sure. Understood.

Transport committee  Good morning, and thank you for the opportunity. I wish I were there. I'll be there next week, but couldn't make it today. I'm going to speak on behalf of the Canadian Energy Pipeline Association. The association represents the 12 major energy pipelines crossing Canada. About 11

Natural Resources committee  I'd say Alberta has a strategic oil reserve. Mr. Harvey. I'm going to give you two minutes, and then we're going to shut it down.

Natural Resources committee  Okay. Did you want...?

Natural Resources committee  Absolutely. It's essential to have pipelines built to access global markets where they can process our crude, rather than keep putting our crude into markets that don't have all the refining capacity to handle efficiently that crude oil. We're also competing against other crudes.

Natural Resources committee  Ben, I'll take a crack at it and try to leave you some time. In short, I think the pipeline industry, certainly the CEPA representatives, don't believe that the inclusion of greenhouse gas into the pipeline process, as part of the interim process.... It's not part of regulatory

Natural Resources committee  Okay. Yes.

Natural Resources committee  I'd say that over the past 10 years, under NEB auspices, several pipelines have been built. Certainly the Line 9 pipeline was approved under the NEB process. The Access pipeline and the initial Keystone pipeline were built. There is a list of pipelines that went through the regul

Natural Resources committee  They would have been in that time frame.

Natural Resources committee  Yes.

Natural Resources committee  I think everybody wants to have a regulatory process that works. Everybody wants to have a regulatory process that has outcomes. I think that's the biggest issue, that right now it's not clear how they're going to get to the outcomes with the current process. I think it's a bit

Natural Resources committee  There is a degree of uncertainty, and I think over the course of time in the near term here we'll see what that leads to, what the process is.

Natural Resources committee  With respect to what our organization does in terms of promoting infrastructure development, it's really related to the various operations that we have right now. We don't specifically go out and advocate for a road and so on. That's really for the project proponent to do that. R

Natural Resources committee  Thank you so much. My name is Chris Bloomer, and I am president and CEO of the Canadian Energy Pipeline Association. As you may know, the association represents 12 of the major transmission pipelines in Canada, We transport 97% of Canada's crude oil and natural gas production,

Finance committee  Yes, I would agree with Alex's comments. I think on the large pipeline side there is a rate-based component to it, but it does figure into the economics and it does figure into the de-risking of capital investments.