PJVA Luncheon Sept 12, 2019
Endless discussions of pipelines, lack of access to new markets, regulatory burden and judicial challenges combined with recent global events have raised concern over Canada’s Energy Security.
” When it comes to oil supply, Canada could be one of the least energy secure countries in the world…Canada, the fourth largest producer of oil in the world, a country that exports just over two times more petroleum than it consumes, is vulnerable to shortages? In fact, recent events raise the probability of disruption in Central Canada.” stated by Peter Terzakian in a recent article.
….Maybe we have been too busy fussing about cheap, clean and safe to realize that we may be a judge’s gavel in Michigan, or a cruise missile in Iran, away from oil shortages in the heart of our country.”
One response to the challenge has been to revive the idea of a Pan-Canadian Corridor dedicated to rail, power lines and pipelines has been around for at least half a century. Conservative Party Leader Andrew Scheer has proposed the revival of the Corridor concept as a solution.
“Our resources are becoming landlocked and they’re not being able to develop, and big projects aren’t being able to get done. So what I’m proposing is that we do the hard work now so that years and years and years later we won’t have to worry about this, so future generations of Canadians can benefit from the hard work that we are doing today,”
Interest in a coast-to-coast corridor has picked up in the last few years.
A recent U of C School of Public Policy paper has re-examined the concept of a National Trade and Energy Corridor and there has been discussion of a Corridor as a tools to alleviate pressure on the Energy industry, boost Inter-provincial trade and boost the Canadian economy.
Join us for a panel discussion of Canada’s Energy Security- Federal and Provincial cooperation and the Energy Corridor approach with speakers from Government, Industry and Academia- Alberta Associate Minister of Natural Gas, Dale Nally, Kevin Birn-VP, North American Crude Oil Markets, IHS Markit and G. Kent Fellows, Research Associate at U of C’s School of Public Policy, Thursday September 12th 11:00am to 1:00pm at The Calgary Petroleum Club.
Tickets $50.00 and $60.00.
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