Paul Young CPA, CGA presented on Canada's oil exports and imports. Canada's crude oil exports continued to rise in December 2016 while imports to Canadian refineries also increased. Canada imports oil primarily from the United States and Norway. An east-west pipeline had been proposed to increase Canada's oil independence but faces opposition. The Liberal Party of Canada and Montreal Mayor view "social license" as ensuring public confidence in major resource projects, which some argue undermines communities' roles in decision making.

1. Presenter
Paul Young CPA, CGA
Canada – East/West
Pipeline – March 2017

2. Agenda
• Canada Oil (Exports and Imports)
• Canada Oil Imports by Country
• Canada Oil Independence
• East-West Pipeline
• Social License / Liberal Party of Canada

3. Canada Oil (Exports and Imports)
Stats Canada – March 9, 2017
Exports of crude oil and equivalent products continued to rise in December, up 6.8% from the same
month in 2015 to 16.8 million cubic metres. The vast majority of production (89.4%) was exported via
pipelines, while other means such as rail, truck and marine transportation, accounted for the
remaining 10.6%. Over the same period, imports to Canadian refineries increased 2.5% to 2.4 million
cubic metres.

4. Oil Imports by Country
https://www.neb-one.gc.ca/nrg/ntgrtd/mrkt/snpsht/2017/02-04cndncrlmprtsdcln-
eng.html?=undefined&wbdisable=true

5. Canada – Oil Independence
• https://www.pressreader.com/canada/calgary-herald/20170325/281775628987397
Calgary Herald – March 25, 2017

6. East-West Pipeline
• http://globalnews.ca/news/3337223/rona-ambrose-i-dont-see-
energy-east-getting-through-montreal/
CPC Interim Leader Rona Ambrose
Global News – March 27, 2017
Montreal Mayor – Denis Coderre
Global News – March 27, 2017
CPC Interim Leader Rona Ambrose
Global News – March 27, 2017

7. PM Justin Trudeau
• http://vancouversun.com/news/local-news/federal-governments-social-licence-for-pipelines-permission-cuts-out-communities
Now, “ ‘social licence’ is about ensuring public confidence in the decision-making for major
resource projects,” Natural Resources Minister Jim Carr’s office says in a formal response to
questions tabled by New Democratic Party MP Kennedy Stewart on the $500,000 federal
panel asked to take a fresh look at the $6.8-billion Kinder Morgan pipeline expansion.
This new definition of “social licence” has emerged as the Liberals head into the one-year
anniversary of their election. The statement repeatedly stresses the government’s efforts to
garner public confidence that the review process is “fair and robust.”
Jim Carr – Minister of Natural Resources
Vancouver Sun – September 21, 2016
Note:
Natural Resources development and management are a provincial matter