Refine by MP, party, committee, province, or result type.
Natural Resources committee That's right.
April 3rd, 2014Committee meeting
Jean Côté
Natural Resources committee Yes, we used to have six refineries.
April 3rd, 2014Committee meeting
Jean Côté
Natural Resources committee What these pipelines have in common is they allow us to use the supply from the west. There is a difference in pricing between the western crude versus the Atlantic Baffin crude. Up until now we've been unable to access that differential, so we're at a disadvantage with our competition because it's a global market.
April 3rd, 2014Committee meeting
Jean Côté
Natural Resources committee If we have access to that cheaper oil, it means again that the future will be brighter, and we'll be able to operate, and all these jobs that we're talking about, all the professionals and the consultants that we use, the engineering firms, the companies around us, will still be able to benefit from our activities.
April 3rd, 2014Committee meeting
Jean Côté
Natural Resources committee What I see is that we'll be able to actually maintain and preserve what we have. Also we might see this triggering some new investment in the future, not only for our refinery, but also for the other plants that are attached to us.
April 3rd, 2014Committee meeting
Jean Côté
Natural Resources committee Refineries like ours are always very keen on and open to the idea of accessing new sources of supply. As you know, the Line 9B reversal project was recently approved. And that's good news for us because it gives us access to raw products at better prices than through our current supply source.
April 3rd, 2014Committee meeting
Jean Côté
Natural Resources committee Unfortunately, not. You'd really have to ask TransCanada that question. My standpoint is really based on our operations specifically.
April 3rd, 2014Committee meeting
Jean Côté
Natural Resources committee In Montreal what we have there is the last refinery left in operation. We used to have six refineries. That being said, our refinery is not alone. We are part of a larger petrochemical complex, so we call that the polymer chain, and we call that an ecological industry. What I mean by that is that we are all interrelated.
April 3rd, 2014Committee meeting
Jean Côté