ARCHIVED - Statement by the Honourable Joe Oliver, P.C., M.P., Minister of Natural Resources, on the Keystone XL Pipeline

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Natural Resources Canada
September 26, 2011

OTTAWAThe Honourable Joe Oliver, Minister of Natural Resources, today made the following statement in support of the Keystone XL pipeline and Canada’s energy industry:

“Our Government’s top priority remains completing the economic recovery. Canadians gave us a strong mandate to implement our low-tax plan to create jobs and economic growth — a plan that is working.

“Canada’s energy sector is a cornerstone of our national economy and future prosperity. One of the keys to Canada’s economic strength and resilience during the recent world economic slowdown has been our natural resource sector and the emergence of Canada as a global energy superpower.

“Revenues to government from the upstream oil and gas sector in 2010 totalled more than $16 billion. That’s money that supports Canada’s quality of life — including investments in health care, infrastructure and keeping taxes low for Canadian families. Currently, Canada’s oil sands directly employ 132,000 people and account for hundreds of thousands of indirect jobs across Canada.

“In the years ahead, the oil sands will remain a key engine of the Canadian economy, with the economic benefits of the oil sands continuing to extend to all parts of the nation. In fact, the Canadian Energy Research Institute forecasts the oil sands development will inject $2.3 trillion into the Canadian economy over the next 25 years. If the Keystone XL pipeline is approved, it is expected to generate over 140,000 Canadian jobs and $600 billion in economic activity over the same period.

“Our Government will continue to promote Canada, and the oil sands, as a stable and secure source of energy to the world, and will defend Canadian jobs and interests.

“Our Government firmly believes that it is in our collective national interest for the pipeline to proceed.”

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Julie Di Mambro
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Office of the Minister
Natural Resources Canada


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