You can answer this a number of ways. I'm going to answer it the way I want to answer it. First of all, the demise of the Mackenzie Gas Project was due to the current market prices of the day. It went from $11 down to $1.90. Market prices dictated that they shut down. At the same time I think some of the lessons learned, and the Premier has talked about this a number of times when we're travelling around is the Aboriginal Pipeline Group, how good that was. It was the heart and strength of that initiative, and it is a landmark partnership that, when we're out there speaking to the public, and travelling around, and doing FPTs, it's a model for future development, not just in our territory, but the country could take as an approach, as to how they can move some of these big, large initiatives forward. The other side of it, too, is the environmental process, how long it's taken. Seven years to get this initiative through is way too long. I'm glad to see the federal government come out with their new legislative proposals or initiatives coming forward with environmental regulations. It's going to be a two-year process, max, on some of these initiatives, and that's going to bring some of these projects forward. Thank you, Mr. Speaker.
Wally Schumann on Question 118-18(3): Oil And Gas Investment
In the Legislative Assembly on February 15th, 2018. See this statement in context.
Question 118-18(3): Oil And Gas Investment
Oral Questions
February 14th, 2018
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