Western Economic Diversification Canada

Western Economic Diversification Canada

April 19, 2012 13:04 ET

Responsible Resource Development Will Create Jobs and Growth for Saskatchewan

SASKATOON, SASKATCHEWAN--(Marketwire - April 19, 2012) - Today, the Honourable Lynne Yelich, Minister of State for Western Economic Diversification and Member of Parliament for Blackstrap, highlighted the regional economic importance of the Harper Government's plan for Responsible Resource Development, which will streamline the review process for major economic projects in Saskatchewan.

"Our Government's plan for Responsible Resource Development will create good, skilled, well-paying jobs in cities and communities across Saskatchewan, while maintaining the highest possible standards for protecting the environment," said Minister Yelich. "It will help prevent the long delays in reviewing major economic projects that kill potential jobs and stall economic growth by putting valuable investment at risk."

The proposed changes for Responsible Resource Development will streamline Canada's review system while ensuring the environment is protected by:

  • Making reviews for major projects more predictable and timely;
  • Reducing duplication and regulatory burden;
  • Strengthening environmental protection; and,
  • Enhancing consultations with Aboriginal peoples.

The current review system is maze of rules and reviews that have been introduced piecemeal throughout the years. The result has been delays and the review of thousands of minor projects that have little to no environmental effect, such as when Transport Canada was required to conduct an environmental assessment of the replacement of an existing culvert under a causeway. These reviews all take resources to usher them through the regulatory system.

"We are focused on jobs, growth and long-term prosperity," said Minister Yelich. "The emerging economies in Asia and around the world provide the potential to create even more jobs and growth, now and for the next generation."

There is currently over $500 billion in potential investment in Canada's energy and mining sectors over the next 10 years. This is the equivalent of a company the size of Apple moving to Canada every two years. In Saskatchewan, companies are looking at investing $28.9 billion over the next ten years. However, this investment is not guaranteed. Companies are able to invest in countries around the world, and Canada must compete for this investment.

"In order to grow the economy, we need to attract investment in our resource sector. By putting in the right conditions, we will create hundreds of thousands of jobs while ensuring the environment remains protected," Minister Yelich concluded.

Contact Information

  • Nicholas J. Insley
    Press Secretary
    Office of the Honourable Lynne Yelich
    613-954-1042

    Patricia Best
    Director of Communications
    Office of the Minister
    Natural Resources Canada
    Ottawa
    613-996-2007