Log in
Lost password
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  News


Latest NewsCompaniesMarketsEconomy & ForexCommoditiesHot NewsMost Read NewsRecomm.Business LeadersVideosCalendar 

Natural Resources Canada : Canada a World-Class Partner for Energy, Jobs and the Environment

03/05/2013 | 04:11pm US/Eastern

Natural Resources Canada

CHICAGO - The Honourable Joe Oliver, Canada's Minister of Natural Resources, today delivered remarks hosted by the Chicago Council on Global Affairs regarding the strong energy relationship that exists between Canada and the United States. The Minister discussed Canada's leadership in enhancing environmental protection and energy security to support jobs, economic growth and our long-term prosperity.

"Canada will continue to be the leading, most secure, reliable and competitive energy supplier to the United States," said Minister Oliver. "Our goals are aligned on greenhouse gas emissions and the priority of enhancing jobs and economic growth on both sides of the border."

Canada is the largest supplier of oil to the United States, sending 2.8 million barrels of competitively priced crude and petroleum products per day to U.S. consumers and refineries - including one million barrels of oil per day from the Canadian oil sands. This partnership is supporting jobs, long-term prosperity and stewardship of the environment on both sides of our shared border - including in the State of Illinois.

Canada currently sends 820,100 barrels per day to refineries in Illinois, which means that an average of 83 percent of oil produced in Illinois is from Canadian crude. The Canadian Energy Research Institute projects that the development of new oil sands projects will create more jobs in Illinois than any other state - 570,000 person years of employment over the next 25 years in various sectors, including construction and manufacturing.

Between 2005 and 2010, Canada's economy grew while its actual GHG emissions declined. In 2010, the oil sands accounted for 0.1 percent of global GHG emissions - or one-one thousandth - less than half the emissions originating from coal-fired electricity in Illinois. The sector has reduced per-unit GHG emissions by 26 percent over the past two decades, and that work continues.

"Canada's plan for the responsible development of our abundant natural resources includes our announced intention to be one of the first major suppliers to the U.S. to regulate GHG emissions from our oil and gas sector," said Minister Oliver. "The approval of Keystone XL would replace oil from Venezuela and the Middle East with a stable supply and improve the energy security of North America."

Canada has already introduced new GHG regulations that are significantly reducing emissions from coal-fired electricity, cars and light trucks, and heavy-duty vehicles. Canada has become the first country in the world to prohibit new coal-fired plants that use traditional technologies and to put in place GHG regulations that make certain that vehicles rolling off the line in 2025 will produce almost 50 percent fewer GHG emissions and consume up to 50 percent less fuel than models produced in 2008.

"Canada will continue developing its natural resources for export to the United States and the fastest-growing regions of the world in a way that ensures the environment is protected," added Minister Oliver.

Earlier in the day, Minister Oliver also toured the Pipe Fitters' Training Center in Mokena, Illinois, where he met with individuals who are benefiting first-hand from the development of the Canadian oil sands.

Media may contact: 

David Provencher
Press Secretary
Office of Canada's Minister of Natural Resources


Media Relations
Natural Resources Canada

The general public may contact: 

Mon.-Fri., 8:30 a.m.-4:30 p.m. EST
Telephone: 613-995-0947
TTY: 613-996-4397
(teletype for the hearing-impaired)
E-mail: questions@nrcan.gc.ca

distributed by
React to this article
Latest news
Date Title
06:15a Craft Labor Survey Shows 60% of U.S. Respondents Expect Journeymen Wage Increase This Quarter, an Industrial Info News Alert
06:15a NEW MILLENNIUM IRON : Announces Review Process for Taconite Project Heads of Agreement with Tata Steel
06:14a OREXIGEN THERAPEUTICS : Change in Directors or Principal Officers, Financial Statements and Exhibits (form 8-K)
06:14a PARATEK PHARMACEUTICALS : Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant, Unregistered Sale of Equity Securities, Financial Statements and Exhibits (form 8-K)
06:13a SAGA : announces Managing Director appointed to its tour operating division
06:13a SAGA : Animal Road Rage
06:13a SKYFAME REALTY : Monthly return of equity issuer on movements in securities for the month en...
06:13a EXPERT SYSTEM : Board of Directors approves financial report of June 30, 2015
06:13a SUMMIT GERMANY : Acquisition of the remaining part of a property complex in Stuttgart
06:13a SUMMIT GERMANY : Posting of Half-Year Financial Statements
Latest news
Hot News 
CLOUDBUY : Appointment of NOMAD and Broker and Restoration to Trading on AIM
UBS : Start of renovation of UBS's head office and opening of a new, temporary branch
EDGE THERAPEUTICS : Announces Pricing of Its Initial Public Offering
WATERMAN : announces preliminary results 2015
PRESS : Capita And Apollo Competing To Buy Xchanging - FT
Most Read News
10/04DJTrans-Pacific Partnership Trade Deal Within Reach
01:05a After Mandatory Tender Offer Renova will own 62,86% of Sulzer AG
10/04 BIO Statement on Data Exclusivity Provisions Within the Trans-Pacific Partnership
10/04 How to address fears surrounding economic corridor
10/04 An Open Letter to SPIL Shareholders
Most recommended articles
06:13aDJMARKET SNAPSHOT : Wall Street Set To Stay In Rally Mode, Taking A Cue From Global Gains
06:11a NESTLE : Exclusive - Nestle in talks to merge international ice cream ops with R&R
06:10aDJU.K. to Launch Retail Sale of Lloyds Shares -- 2nd Update
06:03aDJMARKET SNAPSHOT : U.S. Stock Futures Point Higher As Markets Rally Worldwide
06:02a GLENCORE : CEO says Zambia, DRC 'accommodative' to copper cuts