NRCan highlights benefits of energy market diversification in Ontario


Substation Relay Protection Training

Our customized live online or in‑person group training can be delivered to your staff at your location.

  • Live Online
  • 12 hours Instructor-led
  • Group Training Available
Regular Price:
$699
Coupon Price:
$599
Reserve Your Seat Today

Canada's pipeline strategy boosts the energy sector with infrastructure for crude oil transport, market diversification, and refinery access, while enforcing environmental protection, rigorous safety standards, regulatory review, and polluter pays to safeguard jobs and growth.

 

Essential Takeaways

Canada's pipeline strategy adds capacity, diversifies markets, and strengthens safety, oversight, and polluter pays accountability.

  • Global energy demand +35% by 2035
  • Canadian crude output expected to double by 2030
  • New pipelines west, south, and east to add capacity
  • More Canadian crude for Central and Eastern refineries

 

SARNIA — Joe Oliver, Canada’s Minister of Natural Resources, in a luncheon speech recently to the Sarnia Lambton Chamber of Commerce, emphasized that the expansion and diversification of Canada’s energy markets is a priority of the Harper Government.

 

The Minister highlighted how the energy sector is crucial to jobs, economic growth and prosperity, with rising support for Canadian energy projects across the country, and outlined steps the government is taking to ensure continuing environmental protection and strong safety standards in the energy sector for the benefit of Canadians.

“Global energy demand is expected to increase by 35 percent from 2010 to 2035, and Canada is well-positioned to support that demand,” said Minister Oliver. “But without the infrastructure to move our product to where it is in demand, including the U.S. heavy oil market, our oil will be stranded. It is therefore a strategic economic imperative that pipelines be repositioned and built — to the west, south and east.”

Canada is confronting a tremendous opportunity to capitalize on natural resource development to create jobs and growth as an energy superpower in the making. Canadian crude oil production is expected to double by 2030. New pipeline capacity will enable Canada’s growing production to access new domestic and foreign markets.

“Energy market diversification is about more than reaching new international markets. It’s also about expanding markets right here at home in Canada,” said Minister Oliver. “Therefore, the government believes delivering Canadian crude to Central and Eastern Canada is important for our future. We support the opportunity for our refineries to process more Canadian oil, generating Canadian jobs and making our country less reliant on expensive foreign oil.”

Minister Oliver stressed that pipeline safety is integral to the government’s plan for Responsible Resource Development. Every pipeline project must undergo an independent regulatory review, with efforts to strengthen environmental reviews underway, to ensure it is safe for Canadians and safe for the environment.

Recently, Minister Oliver announced the federal government's intention to strengthen Canada’s pipeline safety regime by enshrining the principle of the “polluter pays” in legislation, while remaining optimistic on anti-emission law impact across the sector. The government also increased annual inspections of oil and gas pipelines by 50 percent and doubled the number of annual comprehensive audits of oil and gas pipelines so that potential safety issues are easier to identify before they occur. As well, the government introduced tough new financial penalties for companies that violate environmental laws.

 

Related News

Related News

The Evolution of Electric Vehicle Charging Infrastructure in the US

US EV Charging Infrastructure is evolving with interoperable NACS and CCS standards, Tesla Supercharger access,…
View more

Cheap oil contagion is clear and present danger to Canada

Canada Oil Recession Outlook analyzes the Russia-Saudi price war, OPEC discord, COVID-19 demand shock, WTI…
View more

Irving Oil invests in electrolyzer to produce hydrogen from water

Irving Oil hydrogen electrolyzer expands green hydrogen capacity at the Saint John refinery with Plug…
View more

Iceland Cryptocurrency mining uses so much energy, electricity may run out

Iceland Bitcoin Mining Energy Shortage highlights surging cryptocurrency and blockchain data center electricity demand, as…
View more

Want Clean And Universal Electricity? Create The Incentives To Double The Investment, World Leaders Say

IRENA Climate Investment Platform accelerates renewable energy financing through de-risking, bankable projects, and public-private partnerships,…
View more

Nelson, B.C. Gets Charged Up on a New EV Fast-Charging Station

Nelson DC Fast-Charging EV Station delivers 50-kilowatt DCFC service at the community complex, expanding EV…
View more

Sign Up for Electricity Forum’s Newsletter

Stay informed with our FREE Newsletter — get the latest news, breakthrough technologies, and expert insights, delivered straight to your inbox.

Electricity Today T&D Magazine Subscribe for FREE

Stay informed with the latest T&D policies and technologies.
  • Timely insights from industry experts
  • Practical solutions T&D engineers
  • Free access to every issue

Live Online & In-person Group Training

Advantages To Instructor-Led Training – Instructor-Led Course, Customized Training, Multiple Locations, Economical, CEU Credits, Course Discounts.

Request For Quotation

Whether you would prefer Live Online or In-Person instruction, our electrical training courses can be tailored to meet your company's specific requirements and delivered to your employees in one location or at various locations.