Welcome!

News Feed Item

Minister Rickford Highlights Canada as a Secure, Responsible Energy Supplier to the World

NEW YORK, NEW YORK -- (Marketwired) -- 06/11/14 -- Natural Resources Canada

The Honourable Greg Rickford, Canada's Minister of Natural Resources and Minister for the Federal Economic Development Initiative for Northern Ontario, today attended the Goldman Sachs North American Energy Summit in New York City.

Minister Rickford participated in his second official bilateral meeting with Ernest Moniz, United States Secretary of Energy. The Minister discussed our plan for Responsible Resource Development and reinforced Canada's commitment to energy security, jobs and environmental stewardship.

Minister Rickford participated in a panel discussion on "The Outlook for the North American Energy 'Revolution': An All of the Above Strategy" moderated by John F. Rogers, Executive Vice President, Chief of Staff, and Secretary to the Board of Goldman Sachs with Emilio Lozoya Austin, Chief Executive Officer of PEMEX; and Lyndon Rive, Chief Executive Officer of Solar City.

The Minister noted that North American energy independence is within reach and highlighted Canada's willingness to collaborate with North American and global partners to support regional and global energy security and stability. The Minister also recognized Canada as an open and attractive investment destination for energy and natural resources where there are currently hundreds of major resource projects worth approximately $650 billion - creating truly unparalleled opportunities for investors.

In particular, Minister Rickford emphasized the need for the Keystone XL project that would help replace heavy oil from Venezuela, which has the same or higher greenhouse gas emissions, with a stable and secure source of Canadian oil. Canada and the U.S. have integrated economies and oil and gas sectors, which underscores the importance of creating jobs, long-term economic prosperity, energy security and environmental stewardship on both sides of our shared border.

Also attending the North American Energy Summit were the Honourable John Baird, Canada's Minister of Foreign Affairs; and the Honourable Joe Oliver, Canada's Minister of Finance; as well as other American and Mexican government officials and investors from around the world.

Background Facts


--  Canada and the United States enjoy the largest two-way trade
    relationship in the world - more than $700 billion annually.
--  Canada has the 3rd-largest oil reserves in the world, is the 5th-largest
    natural gas producer and the 3rd-largest hydro producer and has open and
    transparent markets.
--  63% of Canada's electricity generation is from renewable sources, first
    in the G7.
--  We are the first Canadian government to oversee a net reduction in
    greenhouse gas emissions. In 2012 emissions were 5.1% lower than 2005
    levels, while the economy grew by 10.6% during the same period. Indeed,
    our actions have seen per-capita carbon emissions fall to their lowest
    level since tracking began.
--  Canada became the first major coal user to ban the construction of
    traditional coal-fired electricity generation units in 2012. Coal-fired
    electricity energy generation in the United States produces twice the
    GHGs of the entire Canadian economy, and 25 times the GHGs produced by
    our oil sands.
--  Canada is the largest source of imported oil for the U.S. The oil sands
    already support more than 54,000 jobs in the United States, including
    about 2,500 in the state of New York.
--  The US Energy Information Agency projects that the United States will
    need to import 7.4 million barrels of oil in 2035. Keystone XL would
    create jobs, long-term economic prosperity, energy security and
    environmental stewardship on both sides of our shared border.
--  Canada already has a safe and reliable energy transportation system, and
    we are taking steps to improve and expand that system. These include new
    measures to strengthen safety regimes for pipelines, tankers, offshore,
    rail and nuclear energy. The Government is taking action in three areas
    - prevention, preparedness and liability.
--  Canada is positioned to contribute to global energy security through
    energy innovation and efficiency across all energy sources. It has a
    capacity to deploy its energy know-how, technology and supply chain in
    partner countries to advance responsible resource development and use.

Quotes

"The North American energy sector is undergoing a profound transformation that for the first time puts North American energy independence within reach. Canada's commitment to open markets and abundant resources makes it a responsible, reliable, partner in meeting America's and the world's energy needs."

Greg Rickford, Canada's Minister of Natural Resources and Minister for the Federal Economic Development Initiative for Northern Ontario

Associated Links

Oil Sands Fact Sheet

http://www.nrcan.gc.ca/sites/www.nrcan.gc.ca/files/energy/pdf/eneene/pubpub/pdf/OS-brochure-eng.pdf.

Pipeline Safety Fact Sheet

http://www.nrcan.gc.ca/sites/www.nrcan.gc.ca/files/energy/files/OS-Pipeline_Safety_e.pdf.

Responsible Resource Development

http://eap.gc.ca/en/content/r2d-dr2.

Follow us on Twitter: @NRCan (http://twitter.com/nrcan)

NRCan's news releases and backgrounders are available at www.nrcan.gc.ca/media

Contacts:
Alexandra Lemieux, Press Secretary
Office of the Minister of Natural Resources and
Minister for the Federal Economic Development Initiative
for Northern Ontario
613-996-2007

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)
[email protected]

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
Redis is not only the fastest database, but it is the most popular among the new wave of databases running in containers. Redis speeds up just about every data interaction between your users or operational systems. In his session at 19th Cloud Expo, Dave Nielsen, Developer Advocate, Redis Labs, will share the functions and data structures used to solve everyday use cases that are driving Redis' popularity.
Aspose.Total for .NET is the most complete package of all file format APIs for .NET as offered by Aspose. It empowers developers to create, edit, render, print and convert between a wide range of popular document formats within any .NET, C#, ASP.NET and VB.NET applications. Aspose compiles all .NET APIs on a daily basis to ensure that it contains the most up to date versions of each of Aspose .NET APIs. If a new .NET API or a new version of existing APIs is released during the subscription peri...
Organizations planning enterprise data center consolidation and modernization projects are faced with a challenging, costly reality. Requirements to deploy modern, cloud-native applications simultaneously with traditional client/server applications are almost impossible to achieve with hardware-centric enterprise infrastructure. Compute and network infrastructure are fast moving down a software-defined path, but storage has been a laggard. Until now.
"My role is working with customers, helping them go through this digital transformation. I spend a lot of time talking to banks, big industries, manufacturers working through how they are integrating and transforming their IT platforms and moving them forward," explained William Morrish, General Manager Product Sales at Interoute, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
To leverage Continuous Delivery, enterprises must consider impacts that span functional silos, as well as applications that touch older, slower moving components. Managing the many dependencies can cause slowdowns. See how to achieve continuous delivery in the enterprise.
You think you know what’s in your data. But do you? Most organizations are now aware of the business intelligence represented by their data. Data science stands to take this to a level you never thought of – literally. The techniques of data science, when used with the capabilities of Big Data technologies, can make connections you had not yet imagined, helping you discover new insights and ask new questions of your data. In his session at @ThingsExpo, Sarbjit Sarkaria, data science team lead ...
SYS-CON Events announced today the Kubernetes and Google Container Engine Workshop, being held November 3, 2016, in conjunction with @DevOpsSummit at 19th Cloud Expo at the Santa Clara Convention Center in Santa Clara, CA. This workshop led by Sebastian Scheele introduces participants to Kubernetes and Google Container Engine (GKE). Through a combination of instructor-led presentations, demonstrations, and hands-on labs, students learn the key concepts and practices for deploying and maintainin...
Security, data privacy, reliability, and regulatory compliance are critical factors when evaluating whether to move business applications from in-house, client-hosted environments to a cloud platform. Quality assurance plays a vital role in ensuring that the appropriate level of risk assessment, verification, and validation takes place to ensure business continuity during the migration to a new cloud platform.
Extracting business value from Internet of Things (IoT) data doesn’t happen overnight. There are several requirements that must be satisfied, including IoT device enablement, data analysis, real-time detection of complex events and automated orchestration of actions. Unfortunately, too many companies fall short in achieving their business goals by implementing incomplete solutions or not focusing on tangible use cases. In his general session at @ThingsExpo, Dave McCarthy, Director of Products...
WebRTC is bringing significant change to the communications landscape that will bridge the worlds of web and telephony, making the Internet the new standard for communications. Cloud9 took the road less traveled and used WebRTC to create a downloadable enterprise-grade communications platform that is changing the communication dynamic in the financial sector. In his session at @ThingsExpo, Leo Papadopoulos, CTO of Cloud9, discussed the importance of WebRTC and how it enables companies to focus...
Security, data privacy, reliability and regulatory compliance are critical factors when evaluating whether to move business applications from in-house client hosted environments to a cloud platform. In her session at 18th Cloud Expo, Vandana Viswanathan, Associate Director at Cognizant, In this session, will provide an orientation to the five stages required to implement a cloud hosted solution validation strategy.
Up until last year, enterprises that were looking into cloud services usually undertook a long-term pilot with one of the large cloud providers, running test and dev workloads in the cloud. With cloud’s transition to mainstream adoption in 2015, and with enterprises migrating more and more workloads into the cloud and in between public and private environments, the single-provider approach must be revisited. In his session at 18th Cloud Expo, Yoav Mor, multi-cloud solution evangelist at Cloudy...
UpGuard has become a member of the Center for Internet Security (CIS), and will continue to help businesses expand visibility into their cyber risk by providing hardening benchmarks to all customers. By incorporating these benchmarks, UpGuard's CSTAR solution builds on its lead in providing the most complete assessment of both internal and external cyber risk. CIS benchmarks are a widely accepted set of hardening guidelines that have been publicly available for years. Numerous solutions exist t...
A critical component of any IoT project is what to do with all the data being generated. This data needs to be captured, processed, structured, and stored in a way to facilitate different kinds of queries. Traditional data warehouse and analytical systems are mature technologies that can be used to handle certain kinds of queries, but they are not always well suited to many problems, particularly when there is a need for real-time insights.
Verizon Communications Inc. (NYSE, Nasdaq: VZ) and Yahoo! Inc. (Nasdaq: YHOO) have entered into a definitive agreement under which Verizon will acquire Yahoo's operating business for approximately $4.83 billion in cash, subject to customary closing adjustments. Yahoo informs, connects and entertains a global audience of more than 1 billion monthly active users** -- including 600 million monthly active mobile users*** through its search, communications and digital content products. Yahoo also co...