Natural Resources committee  The study was done in 2016 during the evaluation of the expansion project. It has not been redone by the Canada Energy Regulator since the Canadian government purchased the pipeline. To complete my answer, the remaining 20% of capacity that is not subject to contracts is going t

Natural Resources committee  Yes. We will pass the decision on to you.

Natural Resources committee  The economic feasibility study is part of the decision. So, we're going to send you the decision.

Natural Resources committee  In fact, long-term contracts are between 15 and 20 years.

Natural Resources committee  What I'm saying is that it's reasonable to expect that, over the 15 to 20 years of the long-term contracts, the facilities will be used up to the percentage of committed capacity. Now the uncommitted capacity, the remaining 20%, will depend on market dynamics—basically, the price

Natural Resources committee  The risk of stranded assets is on companies that invest in oil and gas facilities. It's not on the Canada Energy Regulator.

Natural Resources committee  The International Energy Agency projections are on a global basis. The manner in which Canada will fray into that global market might be slightly different, and this is what we see with our projections that take in 2032.

Natural Resources committee  In fact, this question was the subject of the economic feasibility study we conducted in 2016, which measured the use of the pipeline over its lifetime and the tolls that would be paid by shippers. According to this study, the pipeline would be sustained for 15 to 20 years at 80

Natural Resources committee  Indeed. The end-use energy demand is calculated using petajoules. For the most recent actual data point that we have in 2020, the number of petajoules is 11,257, which is actually a bit of a low mark given the 2020 pandemic. Then if we go to 2030, that end-use energy demand is 11

Natural Resources committee  I think the policy you may be referring to might be the phasing out or the net-zero electricity generation system by 2035—would that be correct?—which still may include natural gas as long as it is coupled with carbon capture and storage.

Natural Resources committee  There are a couple of points here. The first one is that the CER act prescribes, essentially, legislated time limits for the commission to make decisions and also recommendations on certain types of projects. It's embedded in the act. It's also stipulated that any given applicati

Natural Resources committee  I assume your question relates to our energy information function that develops scenarios for the future. Is that correct?

Natural Resources committee  In the past, those scenarios essentially stood by themselves, whereby we were making a series of assumptions and then we were running our models to see where the model would land us in terms of supply and demand of different commodities through time. We were not making any kind o

Natural Resources committee  It is definitely a strategic priority of the CER to invest in reconciliation. I will pass it over to my colleague Mr. Dunford, who will be able to provide you with the colour I think you are seeking.

Natural Resources committee  I don't have that particular data point at my fingertips, but I could follow up with the committee afterwards.