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Economic Relationship between Canada and the United States committee  I don't have the exact greenhouse gas numbers in front of me, but it's something we can follow up on. We've estimated that the cost of propane for Michiganders will go up by 38¢ a gallon without the pipeline. That is very significant.

March 16th, 2021Committee meeting

Vern Yu

Economic Relationship between Canada and the United States committee  Thank you to the committee. We appreciate your support.

March 16th, 2021Committee meeting

Vern Yu

Economic Relationship between Canada and the United States committee  The answer is the Great Lakes tunnel. We worked for many years with the previous governor of Michigan to enact legislation to allow us to build the tunnel to replace the current Straits of Mackinac crossing. That is an economic boost to the state of Michigan, and it ensures energ

March 16th, 2021Committee meeting

Vern Yu

Economic Relationship between Canada and the United States committee  Unfortunately, in Canada pipelines are a challenge, and building a brand new pipeline across Canada would be as big a challenge as keeping this existing pipeline operating. In fact, it might actually be an even bigger challenge to get unanimity from Canadians to do that. We've se

March 16th, 2021Committee meeting

Vern Yu

Economic Relationship between Canada and the United States committee  Let me start with Canada. I've spoken to Ambassador Hillman. I've spoken to Minister O'Regan. I spoke to Minister Garneau. I believe that our CEO, Mr. Monaco, has spoken to Minister Freeland as well. We've spoken to many people in the Canadian federal government. Everyone has t

March 16th, 2021Committee meeting

Vern Yu

Economic Relationship between Canada and the United States committee  We haven't done specific studies for Ontario and Quebec. We've been doing the studies for Michigan, just because this issue obviously has been an item for us for many years in that state.

March 16th, 2021Committee meeting

Vern Yu

Economic Relationship between Canada and the United States committee  The prior administration was very supportive of the pipeline. The Biden administration, I believe, is still studying the situation and hasn't made any public announcements on where it is on this right now.

March 16th, 2021Committee meeting

Vern Yu

March 16th, 2021Committee meeting

Vern Yu

Economic Relationship between Canada and the United States committee  We believe the pipeline transit treaty is a very strong lever for the Canadian federal government and the country of Canada. We think that a lever should be used, as appropriate, if we're not able to come up with a reasonable diplomatic solution to keep the pipeline running, sinc

March 16th, 2021Committee meeting

Vern Yu

Economic Relationship between Canada and the United States committee  The U.S. and Canada are each other's largest trading partners, and trade between the U.S. and Canada is critical to both of our economies. Energy is a significant component of that bilateral trade between Canada and the U.S. This particular pipeline serves markets in both Canada

March 16th, 2021Committee meeting

Vern Yu

Economic Relationship between Canada and the United States committee  It does, approximately, yes, so it's critically important to both countries to ensure that the pipeline continue to operate safely and reliably and that we build this private tunnel as quickly as we possibly can to ensure that energy security for the future. We don't want to crea

March 16th, 2021Committee meeting

Vern Yu

Economic Relationship between Canada and the United States committee  That's something we've been trying to figure out for quite some time. When she first came into power, we sat down with the governor and tried to brief her on what we were doing with the tunnel, on the operational reliability of the existing pipeline and on the incremental safet

March 16th, 2021Committee meeting

Vern Yu

Economic Relationship between Canada and the United States committee  From day one, the governor has wanted an immediate shutdown of the pipeline and for it not to restart until the tunnel is completed. We have said that is not a reasonable outcome because it would put the energy security of the entire Great Lakes region at risk, so we're not prepa

March 16th, 2021Committee meeting

Vern Yu

Economic Relationship between Canada and the United States committee  Yes. The numbers I've talked about are to meet Michigan's needs for replacing the crude oil and refined product. I think it's a similar answer for Canada. It would be—immediately—railcars, trucks or more marine vessels coming in on the St. Lawrence.

March 16th, 2021Committee meeting

Vern Yu

Economic Relationship between Canada and the United States committee  Those alternatives, as I mentioned at the outset, would take time.

March 16th, 2021Committee meeting

Vern Yu