CENTRAL NOVA REPORT BY PETER MACKAY
Canada has been blessed with an abundance of natural resources in sectors as diverse as energy, forestry, minerals and metals. Prudently developing these resources is vital to our country’s current and long-term prosperity. Overall, resource industries create almost 800,000 Canadian jobs.
Canada has the third-largest known oil reserves in the world, is the fifth-largest producer of hydroelectricity and is the fifth-largest producer of natural gas. This means we not only have the resources to meet our needs, but we are also well positioned to supply the energy needs of growing markets.
As a trading nation, Canada is a reliable and secure energy supplier. Expanding international trade and opening markets in Europe, around the Pacific Rim and throughout the world is a key part of our government’s economic plan.
Atlantic Canada’s energy potential has never been greater and we must act now to capture the opportunities being presented.
One such project is TransCanada’s Energy East Pipeline. This proposed pipeline would create thousands of jobs during construction and after completion. It would also bring in roughly $10 billion in tax revenues to help fund important services that Canadians rely on, such as health care and education.
The Muskrat Falls – Lower Churchill River hydro-electric project will deliver a major new source of clean energy and a significant number of well paying jobs for our entire region.
Natural gas projects currently under exploration or development in Goldboro, Melford, and Pictou County have great potential to provide cost effective and environmentally friendly energy.
All of these projects will help Canadian companies expand into new markets abroad and help grow our local economies.
Our federal Conservative government understands the need to continue to protect Canada’s enviable natural heritage. We’ve strengthened fines for pollution and environmental damage, and are enshrining in law the ‘polluter pays’ principle. We’re also requiring that companies make public and transparent their emergency and environmental plans. For oil production and transportation our government has increased inspections of gas and oil pipelines, doubled the comprehensive audits of pipelines and required new safety measures for oil tankers.
At the same time, substantial investments have been made in the production of cleaner energy and cleaner fuels. Since 2006, our government has invested more than $10 billion on green infrastructure, energy efficiency and clean energy technologies, more than any other previous government.
In fact, a 2011 report by the International Energy Agency determined that Canada was second only to Germany in its rate of energy efficiency improvement among 16 industrialized countries.
Our federal Conservative government is promoting responsible development of Canada’s natural resources – creating good new jobs, while enhancing environmental protection.
Peter MacKay is MP for Central Nova and federal Justice Minister.