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Natural Resources committee  The fact that it's being built is a positive thing for Canada. The economic impacts will far outweigh the costs of building the project. Had the question been asked before the acquisition whether anyone wanted the federal government to go and do this, I don't think anyone would

November 24th, 2022Committee meeting

Stewart Muir

Natural Resources committee  They landed in the right place, because had they not—

November 24th, 2022Committee meeting

Stewart Muir

November 24th, 2022Committee meeting

Stewart Muir

November 24th, 2022Committee meeting

Stewart Muir

Natural Resources committee  Yes, absolutely.

November 24th, 2022Committee meeting

Stewart Muir

Natural Resources committee  If anyone here is a soccer fan and watching the World Cup across the world, there's a great example of what LNG can mean to an economy. Until recently, the biggest LNG exporter in the world was Qatar. The U.S.A. is now. We let them get that opportunity. But in the last 10 years s

November 24th, 2022Committee meeting

Stewart Muir

Natural Resources committee  The comparative advantage in theory from resources that are known to exist here versus what we're able to do or what we're doing.... In British Columbia, I know that the average time to develop a mine through permitting is 13 years. The amount of critical minerals and other metal

November 24th, 2022Committee meeting

Stewart Muir

Natural Resources committee  We've already seen one good Canadian company locate most of its activity in the U.S. where the climate is more welcoming. I forget their name but they are based in Squamish, B.C. Most of the growth has been in the States because there has been a greater impetus to create market c

November 24th, 2022Committee meeting

Stewart Muir

Natural Resources committee  That's a great question. Thank you. I had a moment of insight yesterday. The Ottawa bureau of Bloomberg News published an analysis of the Biden IRA plans. It was about what that would mean from an Ottawa perspective and what the opportunities are for Prime Minister Trudeau and h

November 24th, 2022Committee meeting

Stewart Muir

November 24th, 2022Committee meeting

Stewart Muir

Natural Resources committee  The Government of Canada has pointed out that the government revenue increase from TMX will be $46 billion over the course of its construction and the first 20 years. I know the economic impacts of the project were not studied, as Mr. Giroux told the CBC. The whole reason we're d

November 24th, 2022Committee meeting

Stewart Muir

Natural Resources committee  The short answer is that no, I have not done that study, but what I would say is that we have an example developing right now. It's known as the Pathways Alliance, which represents half a dozen of the largest oil sands companies that have made a generational bet on CCUS. What the

November 24th, 2022Committee meeting

Stewart Muir

Natural Resources committee  If I may, I would like to provide a little information on TMX, because there's been a lot more discussion on that than I expected. It is quite germane to the question by the member. I checked in with Trans Mountain management last week—they're based out west—and asked them what'

November 24th, 2022Committee meeting

Stewart Muir

Natural Resources committee  Thank you, Mr. Chair, for the chance to come here from Vancouver to speak to the committee. Since 2014, the Resource Works Society, a not-for-profit based in Vancouver, has been conducting public interest advocacy. I am a former journalist and was national editor and business ed

November 24th, 2022Committee meeting

Stewart Muir