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Canadian Association of Petroleum Producers

Submission — Canadian Association of Petroleum Producers

Important note: The content of submissions and summaries is the sole responsibility of the person and / or organization having made a submission. The posting of this content does not indicate that the Panel supports or endorses it. Submissions and summaries are posted in the language provided without modification.

Submitter(s): Collyer, Dave

Summary: Research and development are levers through which the Canadian upstream petroleum industry can reduce finding and development costs, improve productivity, unlock new sources of supply, improve environmental performance and develop exportable technology. Progress in these areas enhances the global competitiveness of the Canadian industry, to the benefit of all Canadians. There are a number of barriers to innovation in the Canadian oil and gas sector, several of which are discussed in this submission. The Scientific Research and Experimental Development (SR&ED) program is the most important federal program supporting R&D in the upstream petroleum industry. The program has significant shortcomings and should be improved through a combination of legislative and administrative changes outlined herein.

Full submission: PDF Version