Accessibility/Mobile Features
Skip Navigation
Skip to Content
Editorial News
Opinion
Classified Sites

Brandon Sun - PRINT EDITION

Time and tide of energy markets wait for no nation

CALGARY — It is a basic principle of business that the ability to sell products to customers is crucial to the success of an organization. So it shouldn't come as a revelation that in order for Canada to thrive, we need to get our products to the markets that want and need them.

Keystone XL, Northern Gateway, Trans Mountain or reversing Line 9 are the big-name infrastructure projects that look to connect Canadian energy with thirsty markets in Asia, Europe, the U.S. or Eastern Canada.

Each of these projects has been met with environmental criticisms and protestor backlash and been delayed as a result. Public consultations and rigorous review of project proposals are fundamentally important to maintain our environmental integrity; however, we cannot afford to indefinitely delay projects so important to the economic prosperity of our country.

We need to thoroughly review projects in a timely manner and reject the ones that don’t work for Canada so we can move on to the ones that do.

While Keystone and Northern Gateway make headlines across the country, we hear very little about what the rest of the world is doing to secure the same markets we need.

As other energy-producing countries move into markets, failure to act means Canadians lose potential tax revenue, job opportunities and spin-off benefits for our national economy.

Energy infrastructure projects being undertaken across Europe such as the South Stream Pipeline, the Trans-Balkan Pipeline or the Nord Stream Pipeline aim to connect E.U. countries with Russian oil and gas to achieve continental energy security and make it easier for Europe to turn away Canadian oil.

Additionally, Russia’s proximity and existing trade relationship with China and the discovery of shale oil in Australia increases the urgency for Canada to secure access to this growing and strategically important Asian market.

This urgency does not mean that Canada should rush through important energy infrastructure at the cost of the environment. We need to remember, however, the world will not wait for Canada and without a defined strategy for how we will manage our energy resources we run the risk of losing billions of dollars in lost opportunities and severely limiting our future potential.

The world is changing, powers are shifting and our way of life requires an increasingly diverse array of energy resources. We are blessed to have an abundance of these resources at our disposal but it is imperative we arrive at a strategy for responsibly developing our energy portfolio in a way that ensures long-term benefits for every Canadian before it's too late.

It is decision time. If Canada does not take smart, responsible and immediate action, our competitors will capitalize on opportunities to get their product to market and we will be left behind.

» Dan Gagnier is president of the Energy Policy Institute of Canada, which is comprised of a full spectrum of energy producers, consumers and leading Canadian businesses and energy experts.

Republished from the Brandon Sun print edition February 19, 2013

  • Rate this Rate This Star Icon
  • This article has not yet been rated.
  • We want you to tell us what you think of our articles. If the story moves you, compels you to act or tells you something you didn’t know, mark it high. If you thought it was well written, do the same. If it doesn’t meet your standards, mark it accordingly.

    You can also register and/or login to the site and join the conversation by leaving a comment.

    Rate it yourself by rolling over the stars and clicking when you reach your desired rating. We want you to tell us what you think of our articles. If the story moves you, compels you to act or tells you something you didn’t know, mark it high.

Sort by: Newest to Oldest | Oldest to Newest | Most Popular 0 Commentscomment icon

You can comment on most stories on brandonsun.com. You can also agree or disagree with other comments. All you need to do is register and/or login and you can join the conversation and give your feedback.

There are no comments at the moment. Be the first to post a comment below.

Post Your Commentcomment icon

Comment
  • You have characters left

The Brandon Sun does not necessarily endorse any of the views posted. Comments are moderated before publication. By submitting your comment, you agree to our Terms and Conditions. New to commenting? Check out our Frequently Asked Questions.

CALGARY — It is a basic principle of business that the ability to sell products to customers is crucial to the success of an organization. So it shouldn't come as a revelation that in order for Canada to thrive, we need to get our products to the markets that want and need them.

Keystone XL, Northern Gateway, Trans Mountain or reversing Line 9 are the big-name infrastructure projects that look to connect Canadian energy with thirsty markets in Asia, Europe, the U.S. or Eastern Canada.

Please subscribe to view full article.

Already subscribed? Login to view full article.

Not yet a subscriber? Click here to sign up

CALGARY — It is a basic principle of business that the ability to sell products to customers is crucial to the success of an organization. So it shouldn't come as a revelation that in order for Canada to thrive, we need to get our products to the markets that want and need them.

Keystone XL, Northern Gateway, Trans Mountain or reversing Line 9 are the big-name infrastructure projects that look to connect Canadian energy with thirsty markets in Asia, Europe, the U.S. or Eastern Canada.

Subscription required to view full article.

A subscription to the Brandon Sun Newspaper is required to view this article. Please update your user information if you are already a newspaper subscriber.

letters

Make text: Larger | Smaller

Brandon Sun Business Directory
Sudden Surge: Flood of 2014
Opportunity Magazine — The Bakken
Why Not Minot?
Welcome to Winnipeg

Social Media