Natural Resources Canada

Natural Resources Canada

January 18, 2012 17:36 ET

Statement by the Honourable Joe Oliver, P.C., M.P., Minister of Natural Resources, on the Keystone XL Pipeline

OTTAWA, ONTARIO--(Marketwire - Jan. 18, 2012) - "We are obviously disappointed with today's announcement regarding the Keystone XL pipeline.

This project would create thousands upon thousands of jobs both in the US and Canada and would contribute to energy security in the US. We continue to believe this project is in the best interests of both countries.

Our Government respects the right of the United States to make its own decisions.

However, it is clear that the process is not yet over and we are hopeful that this project will be approved in the future based on its merits.

Canada and the United States enjoy the single most important energy relationship in the world. We will continue to work with the US to further strengthen energy security for both our nations.

Meanwhile, our Government is moving ahead on creating jobs and economic prosperity for all Canadians.
The responsible development of the enormous resources provided by our oil sands is expected to create hundreds of thousands of jobs spread across the country, generating significant economic benefits.

We cannot understate the fact that these benefits fund critical services for Canadians, including health care and education.
99% of our oil exports currently flow to the United States. Today's decision by the Obama Administration underlines the importance of diversifying and expanding our markets, including the growing Asian market, to help ensure the financial security of Canadians and families for decades to come."

NRCan's news releases and backgrounders are available at www.nrcan.gc.ca/media.

Contact Information

  • Media may contact:
    Patricia Best
    Director of Communications
    Office of the Minister
    Natural Resources Canada, Ottawa
    613-996-2007

    Media Relations
    Natural Resources Canada, Ottawa
    613-992-4447