April 14, 2015 New York Natural Resources Canada
The Honourable Greg Rickford, Canada’s Minister of Natural Resources, today delivered keynote remarks during the Bloomberg Future of Energy Summit 2015, where he reinforced Canada’s support for a continental approach to enhancing energy security, economic growth and the environment. Canada represents a secure, reliable and responsible producer and supplier of energy to the world.
During his address, Minister Rickford emphasized Canada’s economic fundamentals and the Harper Government’s actions creating one of the world’s most favourable investment climates by lowering taxes and opening new markets through free trade agreements. Canada recently leapt from sixth to second place in Bloomberg’s ranking of the most attractive destinations for business.
The Harper Government’s low-tax plan has contributed to Canada’s position as the second-fastest growing clean energy market in the G20. Canada and the U.S. have already harmonized environmental standards ranging from vehicle emissions to home energy efficiency. A presidential permit was recently issued for the U.S. portion of a cross-border hydro line that could meet 10 percent of New York’s electricity demand.
Minister Rickford also discussed Canada’s contribution to global energy security through energy innovation and efficiency in the oil sands. He noted that Canada has the ability to deploy its energy expertise, technology and products in partner countries to advance responsible resource development and use.
The Minister reinforced the benefits of the proposed Keystone XL pipeline and highlighted that the U.S. State Department’s acknowledgment that the project is environmentally sound will create jobs and will replace insecure — and same or higher-emitting — sources of crude from countries such as Venezuela with a secure, reliable supply from Canada, North Dakota and Montana.
While in New York, Minister Rickford also met with key energy sector stakeholders to promote investment opportunities in the Canadian energy sector.
Greg Rickford
Canada’s Minister of Natural Resources
Chris McCluskey
Director of Communications
Office of Canada’s Minister of Natural Resources
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