ARCHIVED - The Media Room

Information Archived on the Web

Information identified as archived on the Web is for reference, research or recordkeeping purposes. It has not been altered or updated after the date of archiving. Web pages that are archived on the Web are not subject to the Government of Canada Web Standards. As per the Communications Policy of the Government of Canada, you can request alternate formats. Please "contact us" to request a format other than those available.

Natural Resources Canada
2011/125
November 24, 2011 

Minister Oliver Discusses Innovation and Smart Regulation for Major Projects


OTTAWA — The Honourable Joe Oliver, Minister of Natural Resources, delivered an address today at the Manning Foundation for Democratic Education’s National Policy Dialogue. Minister Oliver highlighted Canada’s innovation and smart regulation for major resource projects.

"Our Government’s priorities are jobs and economic growth for Canadians while assuring the protection of our environment,” said Minister Oliver. “The natural resource sectors are a driving economic force in Canada. That is why we are committed to supporting innovative technology and policy in this field.”

The Minister outlined Canada’s advantage in the world due to its wealth of natural resources. He explained how innovation and smart regulation are essential for Canada to fully leverage close to $500 billion in potential investment in our natural resources. He also described current efforts through the Major Projects Management Office initiative to improve regulatory performance.

“Our Government has taken great strides toward making our complex regulatory system more efficient, and we remain focused on the goal of ‘one project, one review,’” said Minister Oliver. “Providing an efficient regulatory regime is fundamental to a stable, predictable climate for investment.”

Minister Oliver further explained that technological innovation has already enabled Canada to find and extract oil, gas, metals and minerals effectively and responsibly.

“In the oil sands, the amount of greenhouse gases emitted per barrel of oil produced has been reduced by a third since the early 1990s and as much as 90 percent of the water used in oil sands extraction is now being recycled — thanks to technological innovation,” said Minister Oliver. “Scientists with my department are working with the industry to develop and test innovative new tailings technologies that could lead to faster and more effective land reclamation.”


FOR BROADCAST USE:

Speaking to the Manning Foundation for Democratic Education in Ottawa today, Natural Resources Minister Joe Oliver highlighted the necessity for innovation and smart regulation in Canada’s natural resource sectors. He noted that Canada’s resource sectors must continue to put conditions in place that encourage trade and investment and facilitate job creation including an efficient regulatory system for major resource projects.

Media may contact:

Patricia Best
Director of Communications
Office of the Minister
Natural Resources Canada
Ottawa
613-996-2007

or

Media Relations
Natural Resources Canada
Ottawa
613-992-4447

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     

NRCan's news releases and backgrounders are available at http://www.nrcan.gc.ca/media-room/home/1784.