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Natural Resources committee  That's correct to a large extent. One thing I will add, though, is that you make reference to recent events that have obviously disrupted the global energy system, and the nature of our projections is really for the long term. We're talking about projections to 2050. So as the—

April 6th, 2022Committee meeting

Jean-Denis Charlebois

Natural Resources committee  As Ms. De Silva indicated at the beginning, those are projections based on assumptions we are making. We don't have a crystal ball: We don't predict the future. Instead we run analyses and models that require assumptions. Then our results will indicate whether there is economic v

April 6th, 2022Committee meeting

Jean-Denis Charlebois

Natural Resources committee  It comes from the United States.

April 6th, 2022Committee meeting

Jean-Denis Charlebois

Natural Resources committee  In 2021, it was 66%.

April 6th, 2022Committee meeting

Jean-Denis Charlebois

Natural Resources committee  I might point out that, as we look at past trends, the United States is taking an increasing share of this. If we go back 10 years, we can see that Canada was importing oil from a more diversified group of countries.

April 6th, 2022Committee meeting

Jean-Denis Charlebois

Natural Resources committee  Yes, about 10 years.

April 6th, 2022Committee meeting

Jean-Denis Charlebois

Natural Resources committee  As a general trend, oil imports are trending down in Canada.

April 6th, 2022Committee meeting

Jean-Denis Charlebois

Natural Resources committee  It does, yes.

April 6th, 2022Committee meeting

Jean-Denis Charlebois

Natural Resources committee  Thank you, Ms. De Silva. Mr. Chair, tif I understood the question correctly, the modelling that was just referenced was done by Environment and Climate Change Canada, I presume, as part of the development of the emissions reduction plan. If I understood the question correctly,

April 6th, 2022Committee meeting

Jean-Denis Charlebois