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QUEBEC CITY — The Honourable Joe Oliver, Canada’s Minister of Natural Resources, promoted the natural resource sectors in a speech delivered today at the 38th annual conference of the Association des économistes québécois. Speaking on the theme of “Our Natural Resources, Our Economy, Our Future,” the Minister highlighted the new steps taken by the Harper Government to support the responsible development of natural resources in Canada and open up new markets for Canadian business.
To underscore the extraordinary potential that our natural resources represent today, the Minister began with an overview of the natural resource sectors, which directly and indirectly account for close to 20 percent of the GDP and 1.6 million jobs in Canada.
“Our natural resources are one of the cornerstones of the economic development of Quebec and Canada,” said Minister Oliver. “They have been a key driver of the Canadian and Quebec economies since the earliest days of our country.”
He went on to emphasize the potential new markets created by the development of fast-growing countries and the importance of opening up new markets for Canadian oil and natural gas.
“The high demand for our resources, particularly in fast-growing countries like China and India, opens up export opportunities for Canadian companies,” the Minister said. “This will result in the creation of new jobs and long-term economic growth and prosperity for Canadians across the country, including here in Quebec.”
Minister Oliver reiterated the Government of Canada’s support for the pipeline projects aimed at supplying Quebec and the Maritimes with Canadian oil at a lower cost than foreign oil. He listed the many economic benefits that would result from such projects as Enbridge’s Line 9 reversal and TransCanada’s pipeline conversion.
In conclusion, Minister Oliver highlighted the government’s efforts to improve the efficiency of the review process for major projects and enhance the consultation process while ensuring greater environmental protection.
“Our Government continues to work for the benefit of the people of Quebec and Canadians by supporting the responsible development of our natural resources while protecting the environment.”
Office of the Minister of Natural Resources of Canada
Natural Resources Canada
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