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EVENT RECAP: Powering Canadian Prosperity: BC's Energy Opportunities

As Canada's Gateway province to the Asia Pacific, whith an abundance of energy resources, British Columbia is playing a significant role in the nation's economy and national public policy discussion.  Our energy supply presents important opportunities and advantages for domestic and import markets, our energy security and Canada's role as a global energy supplier. There is urgency in the face of competition to leverage this advantage to maximize British Columbia and Canada's full economic potential.  Visit our photo gallery for event photos.

The Business Council is pleased to have brough together many of the nations' leading minds in energy policy and development.  Peter Tertzakian, shared with his insight into Canada's energy history, the current energy landscape and the global opportunity presented before us for LNG and crude oil exports. You can view his presentation here.  Video from the conference coming soon.

The Honourable Jim Prentice, PC QC restated his position that the development of Canada's hydrocarbon deposits, and related infrastructure, are in the national interest, yet he reminded the audience of the importance in developing these resources sustainably and in consultation with First Nations and other community partners.  You can download his full speaking notes here.

Lorraine Mitchelmore, President of Shell Canada, provided an update on Shell's proposed LNG plant in Kitimat, which would be one of the largest capital investments in a single project in BC's history.   This project brings together Mitsubishi Corporation, PetroChina Company Limited and Korea Gas Corporation to connect the abundant supply of Canadian natural gas to growing markets around the world. 

Premier Christy Clark closed the conference with an announcement that the province will update provincial regulations to enable the use of natural gas to power LNG plants to ensure this new industry will have access to reliable electricity resources required to run the facilities.  On July 24th, the province issued a news release confirming the change has been made.

AGENDA

8:00AM - Peter Tertzakian, Chief Energy Economist & Managing Director at ARC Financial Corporation

8:50AM - Panel: The Transformation of the Energy Marketplace: Opportunities and Challenges

  • Doug Little, Vice President, Energy Planning and Economic Development, BC Hydro
  • Shinya Miyazaki, Chief Executive Officer, Diamond Gas Management Canada Ltd. (Subsidiary of Mitsubishi Corp)
  • Richard Dunn, Vice President, Regulatory and Government Relations, Canadian Division, Encana Corporation
  • Moderator: Brenda Kenny, Chief Executive Officer, Canadian Energy Pipeline Association

9:50AM - Hon. Jim Prentice P.C., Q.C., Senior Executive Vice President and Vice Chairman of CIBC, and former Federal Minister of Industry, Minister of the Environment, and Minister of Indian Affairs and Northern Development.

10:35AM - Panel: What’s In It for BC: Making It Happen and Maximizing the Benefits

  • Muriel McGrath, National Sector Leader, Power and Utilities, KPMG Canada
  • Chief Councilor Ellis Ross, Haisla First Nation
  • Mayor Mike Bernier, City of Dawson Creek
  • Moderator: Janine North, Chief Executive Officer, Northern Development Initiative Trust

11:40AM - Lorraine Mitchelmore, President and Country Chair, Shell Canada

NOON - Closing presentation by Honourable Christy Clark