Industry committee  It is a global market, and once the stuff is out of the ground, it will go to the place where the margin is highest—ships are rerouted on the high seas and sent to destinations—as is refined product. The question of whether either national governments or OPEC in particular is ab

Industry committee  It would be $20 to $25, I think, potentially, on the discount on heavy crude.

Industry committee  I'm going to ask my DG, petroleum resources, Phil Jennings, to do the presentation, if that's okay.

Natural Resources committee  Dave or Tom may know how many years of current level of production we have. I guess I'd say, though, that the majority of uranium produced in Canada is exported. As to the question of energy security, it's difficult to be energy secure in one country by itself, because as any k

Natural Resources committee  The last year or two, and it was about $2.7 billion. So we've recognized the cost of that up front. The commercial activities, I believe, could stand the commercial test. So when you're asking are the activities of AECL profitable or could they be commercially viable, it's a l

Natural Resources committee  Perhaps I could take a stab at answering the question. I think whether the solution is clean coal, new nuclear, large-scale hydro, or a combination of all those things, and more energy-efficient buildings, it takes time. That really was the key point behind the econometric anal

Natural Resources committee  Sure. I can try. Once again, I don't want to seem evasive, but it's a very complex question for the following reason. AECL engages in three kinds of activities. There are commercial activities, and ACR-1000 is a good example of that. There are discretionary public policy activit

Natural Resources committee  That's a really difficult question to answer. I'm sorry if I sound evasive, but the reality is that there are no third-generation nuclear plants operating today. There's one under construction in Finland. I believe it's AREVA, the French company, that is working on that. It's beh

Natural Resources committee  My track record on forecasting things like commodity prices is...maybe I should disclose that, and then you'd know how much weight to put on my comments. There have been problems, as I think many people know, with production in Saskatchewan, and I think that's having an influen

Natural Resources committee  Dave Torgerson would be better placed to answer the question in terms of the specific discussions. I guess I'd say on behalf of the government that we're very excited by the technology. We think this is really the future of nuclear in Canada. We think it's worth the investment th

Natural Resources committee  The government is still studying that report. I think people are conscious that we have had it for a while, but when a response will be forthcoming, I really can't say.

Natural Resources committee  We've had a number of discussions within government on it. So we're moving ahead with it as quickly as we can.

Natural Resources committee  If I could make a comment on your comment, I agree completely with that.

Natural Resources committee  We have a deck. Mr. Wallace is the brains of the operation, so he's going to take us through it. I'm sure he can do it in five minutes.

Environment committee  If I take wind as an example, because it is the largest by far of the non-traditional renewables, a rule of thumb is that a subsidy of about 2¢ a kilowatt hour is needed to make it cost-competitive. It obviously varies from jurisdiction to jurisdiction and from site to site, but