Canada Needs to Act Fast to Secure Energy Future with Asia, Finds Energy Taskforce Report
(firmenpresse) - VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 06/06/12 -- Canada's biggest challenge as an energy exporting country is security of demand, and Asia offers the greatest opportunity to respond to this challenge, according to a taskforce report released today by the Asia Pacific Foundation of Canada and the Canada West Foundation.
The report, entitled 'Securing Canada's Energy Future', outlines the case for making a broad-based Canada-Asia energy relationship a national priority. It calls for leadership to develop a strategic framework to enhance energy relations with Asia, which is a primary locus of global economic growth and source of growing energy demand in the foreseeable future.
Established in the fall of 2011, the Canada-Asia Energy Futures Taskforce is co-chaired by The Hon. Kevin Lynch, Vice-Chair of BMO Financial Group, and Ms. Kathy Sendall, Director of CGG Veritas. Mr. Lynch stated that, "We need to think critically, strategically and wisely about Canada's energy future with Asia. We have an immense opportunity to turn Canada's energy trade with Asia into a benefit for all regions of Canada, but to do so requires leadership and collaborative innovation on many levels."
The taskforce, composed of individuals with backgrounds in public policy, business, aboriginal affairs, academia, economics, and sustainable development, offers preliminary recommendations for the creation of a strategic framework on Canada-Asia energy relations. Key recommendations include:
"We still have a lot to explore in the nascent Canada-Asia energy relationship," said Ms. Sendall. "We all agree that we can no longer be complacent in how we deal with Asia on the energy file. The window of opportunity will not be open forever, and now is the time to play our strongest card to strengthen our overall relations with the region."
The Canada-Asia Energy Futures Taskforce was created as part of APF Canada's National Conversation on Asia (NCA). This project aims to get Canadians thinking and talking about what Asia means to Canada.
To view the full report, follow this link:
About the Asia Pacific Foundation of Canada
The Asia Pacific Foundation of Canada is an independent resource for Canadians on contemporary Asia and Canada-Asia relations. As a national not-for-profit organization established by an Act of the Federal Parliament in 1984, the Foundation brings together people and knowledge to provide the most current and comprehensive research, analysis and information on Asia and on Canada's transpacific relations. It promotes dialogue on economic, security, political and social issues, helping to inform public policy, the Canadian public and Canada's Asia practitioners. The Foundation is funded principally through an endowment from the Government of Canada and by corporate and individual donors. Visit APF Canada at .
About Canada West Foundation
The Canada West Foundation is the only think tank dedicated to being the objective, non-partisan voice for issues of vital concern to western Canadians. For over 40 years, through its research and commentary, the Foundation has contributed to better government decisions and a stronger Canadian economy. Visit us online at .
About the National Conversation on Asia
The National Conversation on Asia is a Canada-wide initiative to get Canadians thinking and talking about what Asian means to Canada. It includes a public education and policy development focus. This initiative is generously supported in part by our Founding Partners: Teck, Shell Canada, Manulife Financial and BMO Financial Group; Founding Sponsors: HSBC Bank Canada and Port Metro Vancouver; and Founding Supporters: Port of Halifax, Fiera Capital, Deloitte, Vancouver Airport Authority, Husky Energy, Canadian Pacific, TELUS and Blakes. For more information about the National Conversation on Asia, visit .
Contacts:
Asia Pacific Foundation of Canada
Trang Nguyen
Communications Manager
604-323-6781
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Datum: 06.06.2012 - 04:00 Uhr
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