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Natural Resources committee  Indigenous peoples represent I think around 6%. We are double any other sector in Canada's economy or the average Canadian sector. We could look for more specific details. Those projects also have benefit agreements that include employment, training and things like that, so there

May 9th, 2022Committee meeting

Shannon Joseph

Natural Resources committee  There is very significant employment, and I can find the numbers. Of course, there's growth there now because of global demand.

May 9th, 2022Committee meeting

Shannon Joseph

May 9th, 2022Committee meeting

Shannon Joseph

Natural Resources committee  Directly and indirectly, and that includes our national supply chain, we're looking at over 522,000 people.

May 9th, 2022Committee meeting

Shannon Joseph

Natural Resources committee  That's correct.

May 9th, 2022Committee meeting

Shannon Joseph

Natural Resources committee  There would be software consultants, environmental consultants, etc.

May 9th, 2022Committee meeting

Shannon Joseph

Natural Resources committee  I could provide that number to the committee. I don't have that number offhand.

May 9th, 2022Committee meeting

Shannon Joseph

Natural Resources committee  No. I don't have that number, but I could find it.

May 9th, 2022Committee meeting

Shannon Joseph

Natural Resources committee  That's correct.

May 9th, 2022Committee meeting

Shannon Joseph

Natural Resources committee  That sounds reasonable.

May 9th, 2022Committee meeting

Shannon Joseph

Natural Resources committee  That number is continually evolving, but our latest estimates are looking like $20 billion as the average to all orders of government in Canada. I would reference as well budget 2022, which had 45% higher corporate tax revenues as a result of higher commodity prices. A big part o

May 9th, 2022Committee meeting

Shannon Joseph

Natural Resources committee  It would be highly uninformed. I would be happy to share with the committee our recent submission on subsidies. This has been studied extensively by ECCC and the Department of Finance. We are not a subsidized industry. We are a significant contributor to Canada's economy.

May 9th, 2022Committee meeting

Shannon Joseph

Natural Resources committee  Our industry has made significant commitments around emissions reductions. Our oil sands producers have committed to be net zero. Carbon capture and sequestration are an important part of that. The kinds of economies of scale and volumes and concentrations we're talking about mea

May 9th, 2022Committee meeting

Shannon Joseph

Natural Resources committee  Thank you. Thank you very much, committee members, for the opportunity to present today. The upstream oil and gas industry is committed to environmental leadership. We see an important role for our industry in meeting increasing global demand for reliable, affordable and respon

May 9th, 2022Committee meeting

Shannon Joseph

Environment committee  Perhaps I could add one more point. During the pandemic, oil demand dropped to 95 million barrels a day. It's back at 100 million barrels a day, and aviation is not fully back online. It's going to go up when it does. All of this is very connected to people's standard of living

March 29th, 2022Committee meeting

Shannon Joseph