Natural Resources Canada

Natural Resources Canada

March 07, 2014 15:09 ET

Parliamentary Secretary Block Promotes Canada as a Secure, Responsible Energy Supplier at Oilwell Drilling Conference

CALGARY, ALBERTA--(Marketwired - March 7, 2014) - Natural Resources Canada

Parliamentary Secretary Kelly Block, on behalf of the Honourable Joe Oliver, Canada's Minister of Natural Resources, today delivered the keynote address at a luncheon celebrating the Canadian Association of Oilwell Drilling Contractors' (CAODC) 65th anniversary.

In her address, Parliamentary Secretary Block congratulated the CAODC on its work to promote safer and more efficient oil and gas drilling practices. She also emphasized Canada's role in the world as a global energy leader and the huge potential to build the industry and create jobs, growth and prosperity for Canadians.

Parliamentary Secretary Block also highlighted the Government of Canada's commitment to developing Canada's resources in ways that are both economically beneficial and environmentally responsible, and its determination to work toward ensuring that Aboriginal Peoples play a key role in Canada's natural resource industries.

Quick Facts

  • Canada has the third-largest proven oil reserves in the world at 173 billion barrels - larger than those of well-known oil producers such as Iran, Iraq, Kuwait and the United Arab Emirates.
  • The oil sands alone contribute to some 275,000 jobs across Canada and $48 billion in GDP -numbers that could grow to an average of 630,000 jobs a year and $133 billion in GDP over the next 20 years.
  • The typical North American oil and gas well is now four times more productive than just six years ago and can be drilled in less than half the time.
  • Over the past five years, the resource sector has added an average of $32 billion a year to government revenues, funds that are key to supporting everything from health care to education.
  • Greenhouse gas emissions in the oil sands have fallen by 26 percent per barrel in the past two decades.

Quotes

"Canada is developing its energy resources at an unparalleled pace, with billions in new investments planned over the coming decade through hundreds of major resource projects. These investments will create jobs, growth and prosperity across the country. Our government will continue to make the diversification of our energy markets a priority while ensuring the responsible development of our natural resources."

Kelly Block, Parliamentary Secretary to the Minister of Natural Resources

Associated Links

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

Budget 2014 - www.finance.gc.ca

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

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Contact Information

  • Melissa Lantsman
    Director of Communications
    Office of the Minister of Natural Resources
    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. EST
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    questions@nrcan.gc.ca