ARCHIVED - Minister Oliver Promotes Jobs, Growth and Prosperity in British Columbia

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Natural Resources Canada

March 21, 2012

VANCOUVER — The Honourable Joe Oliver, Minister of Natural Resources, today addressed the Vancouver Board of Trade to discuss how responsible development of Canada's natural resources will create jobs and economic growth.

Minister Oliver underscored the importance of responsible resource development to ensure that Canada continues to attract investment in its resource sector, so that the full potential of the country's abundant natural resources is unleashed to stimulate jobs and growth.

“There is a tremendous new global opportunity for Canada to capitalize on its natural resources,” stated Minister Oliver. “Timely and responsible development of natural resources in British Columbia and in all regions of Canada will benefit Canadians through jobs, growth and the revenue needed to support important programs like health, education and pensions.”
“The value of Canada’s mineral production in 2010 exceeded $41 billion and contributed $18 billion to our trade surplus,” said Minister Oliver. “For Canada, for B.C. and for Vancouver — one of the capitals of the mining world — this is a great opportunity, in terms of both exports and participating in mineral development in booming Asian markets.”

In 2010, natural resources accounted for about 10 per cent of British Columbia’s gross domestic product and over 5 per cent of jobs in the province last year.

Minister Oliver also emphasized the important work the Government of Canada is doing on regulatory reform and energy prosperity and security.

“Regulatory modernization is a key priority for our government,” said Minister Oliver. “We need a regulatory system that works and provides a competitive advantage for Canada.”
“We have to recognize that the global economic balance is shifting, and it's essential that we adapt to these changes. New, rapidly growing economies are looking for our energy, minerals and forest products. But the world is a competitive place. As attractive as this country is to investors, we can do better,” said Minister Oliver. “Our government is committed to ensuring that Canada can attract the investment it needs to develop its natural resources and to build the infrastructure we need to move our resources to these new markets, which will help to ensure future prosperity for Canadians across the country.”

While in Vancouver, Minister Oliver also met with the Chief of the Westbank First Nation, Robert Louie, to discuss resource development challenges and opportunities. In addition, the Minister toured the Neptune Terminals, where he saw first-hand the last Canadian stop for potash, steel-making coal and canola oil from Western Canada destined for markets around the world. And, the Minister visited Westport Innovations Inc., which is a global leader in alternative fuel, low-emissions technologies that allow engines to operate on clean-burning fuels such as compressed natural gas, liquefied natural gas, hydrogen, and biofuels such as landfill gas.

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. EDT Telephone: 613-995-0947 TTY: 613-996-4397 (teletype for the hearing-impaired) E-mail: questions@nrcan.gc.ca