Natural Resources committee  When the NEB is making those forecasts, it provides more than one case, so we use the reference case as the baseline. It takes into account a lot of factors at a high level, and I'm not privy to everything used in balancing out how it arrives at its forecasts. I can't specificall

Natural Resources committee  No, I think that captures it. The numbers you gave accurately explain how the $500 million that they were planning out of the $1 billion for this year would be rolled out.

Natural Resources committee  I can give you, if it would help, examples of the sorts of interventions the BDC has made. We have two nice illustrative examples that will really drive home in concrete terms how small Canadian companies have benefited from receiving that money.

Natural Resources committee  For example, one of the companies that received BDC financing was a drilling waste management client that had a challenge, because its primary bank was pulling back on financing options because of the challenges in the reduced oil and gas rig count in Canada and in light of the p

Natural Resources committee  Certainly. Following the study that you did, I think from April to June last year, you made the point that accurate and reliable information was important to Canada's energy future and to people having a transparent understanding of the market. Through budget 2019, as you observe

Natural Resources committee  In developing the fuel standard, I think the government recognizes the impacts that climate change is having on Canada and the world and is committed to addressing it. The clean fuel standard is part of that. It's led by Environment and Climate Change Canada. The government has s

Natural Resources committee  As I said, we continue to work with stakeholders on the analysis. A lot of them are looking at understanding the impacts this standard may have on their industries. I can't give you technical details here on the structure of the analysis that's been happening, but we are continui

Natural Resources committee  I only commented on the National Energy Board's forecast for production growth and on the nameplate capacity. I am not stating an opinion about public need. That is for another organization. That's part of the National Energy Board's review process, and that will be part of the i

Natural Resources committee  That, I think, is sort of a question that would be beyond the scope of what I'm really to opine on.

Natural Resources committee  That figure was for direct employment. I'm sorry, the question was addressed to my colleague. The same data source that gives us the 276,000 direct jobs would give 900,000 if indirect jobs were counted.

Natural Resources committee  I'm afraid I don't have the data on that. I apologize; we didn't bring that in our briefing book.

Natural Resources committee  If you just take the nameplate capacity of those three pipelines—the incremental new capacity—it would match what the NEB forecasted as growth in Canada's production.

Natural Resources committee  In the media it was reported that the Province of Alberta was looking at rail procurement for its provincial purposes. The federal government generally takes the view, I believe, that it's the market that determines what's the best supply-and-demand matching.... Although Alberta

Natural Resources committee  I only want to speak in the Canadian context.

Natural Resources committee  I prefer not to speak to the International Energy Agency's demand forecasts, because I don't have the numbers before me. Essentially what I was saying was that there is a forecast for growth in oil production in Canada, and that is intended to meet what is understood to be a dema