OTTAWA, ONTARIO--(Marketwire - March 1, 2013) - The Honourable Joe Oliver, Canada's Minister of Natural Resources, today issued the following statement regarding the release of the draft Supplementary Environmental Impact Statement (SEIS) for the Keystone XL project.
"Canada and the United States are more than neighbours. Our two nations' shared commitment to democracy, free markets and rule of law underpin why Canada and the United States have the world's most successful relationship. The integration of our two economies and energy systems contributes to our shared prosperity, energy security and environmental stewardship.
"Today, the US State Department released the draft Supplemental Environmental Impact Statement for the Keystone XL project. We have received the Statement and we are reviewing it. The United States has a process for reviewing the project and we respect their process.
"The Keystone XL pipeline will create tens of thousands of jobs on both sides of the border. Canada has aligned its goals on greenhouse gas emissions with the United States, committing to a 17% reduction below 2005 levels by 2020. We are already half way towards meeting our target. This project will replace oil from Venezuela and the Middle East with a stable continental supply, including from the oil sands and improve the energy security of North America.
"Canada's continued prosperity will be determined by our ability to diversify markets for our energy products. As today's economic numbers demonstrate, we must continue to work hard and make the right decisions to ensure we improve our overall quality of life."
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