Robert Blakely speechThe offshore production, both on the east and west coast, is looking to take off. Canada can produce oil security for North America for the next 300 years. They know where the oil sands are. It's not a case of drilling holes and hoping, but it is in some extremely cold places; it is the Muskego, and the cost of recovery is simply eye-watering. The offshore potential with Hebron and Deep Panuke in Nova Scotia is just beginning to happen. In Atlantic Canada, we have a couple of billion dollars worth of spinoff work in LNG and $10 billion worth of spinoff petrochemical work with Celtic Petroleum: two northern pipelines, each at $15 billion. Power generation: we're simply out of power across the country. If you read the newspaper that was on your door today, basically they said Canada, which used to sell power into the North American grid, wasn't able to supply power this summer for California. The grid is failing because we haven't -- it's the legacy of not renewing these very important resources for a long time. It's nuclear plants in Ontario, refurbishing the nuclear plant in New Brunswick. Hydro in Newfoundland, Ontario, province of Quebec, and Manitoba. And remember, these hydro jobs, these are Boilermaker jobs. Remember that for every billion dollars worth of industrial construction, we are creating 250 permanent maintenance jobs, more than half of them contract maintenance jobs. This is a snapshot of one area in Canada. It might be hard to see the slide, but the big ring on the outside is diamonds. There are more diamonds being found in the northern part of Canada than there ever was in South Africa. The second ring deals with uranium. The third ring deals with oil sands. The small ring deals with coal. There is precious and base metal mining on either side. This slide looks at what the potential is for this area of the country. And it's only one area. The little red triangles are rubies. It is a treasure chest of natural resources. |