Performance Reporting

Double oil and gas production in British Columbia by 2011.

Generate $20 billion of cumulative investment in the oil and gas sector by 2008.

• Introduced the Oil and Gas Development Strategy for the Heartlands (OGDS), providing access to resources (roads), incentives to drill (targeted royalty changes), an enhanced regulatory framework and a strategy to develop the oil and gas service sector in British Columbia.

• Developed and implemented a marketing strategy to promote British Columbia's resource investment opportunities.

• Participated in relevant investment related trade missions.

• Promoted British Columbia's resource investment opportunities to major oil and gas producers that do not currently operate in British Columbia.

• In November 2003 the ministry allocated $500,000 per year for three years, to oil and gas related training. These funds were matched by industry for fiscal 2003/04.

• The Minister of State for Mining was appointed in early 2004 to focus attention on revitalizing BC's mining industry.

• Supported one-year extension of the federal Investment Tax Credit for Mineral Exploration program with associated automatic extension of BC Mining Flow-Through Share Tax Credit program (Super Flow-Through Shares).

• An MLA Task Force was appointed to investigate mining issues throughout the province.

• A Minister led delegation of representatives of BC mineral exploration and mine operating companies, First Nations and the investment community visited London, England, to promote mineral investment opportunities.

• Regulatory burden on the mining and exploration sectors continues to be reduced. Following a reduction of 17.4 per cent of the regulatory burden in 2002/03 an additional 8.7 per cent was reduced in 2003/04, for an overall reduction of 27 per cent in the first two years of the deregulation initiative.

• Continued to work with industry and other government agencies to overcome obstacles in order to stimulate exploration and development (e.g., Joint Solutions Workshops).

• Provided advice regarding mineral access and development requirements in all land planning initiatives.

• Continued to partner with the private sector to further the knowledge of mineral geoscience.

• Developed the Alternative Energy and Energy Efficiency strategy and completed the first phase of the strategy to position BC as a centre of expertise for the development of certain key technologies.

• Developed Clean Electricity guidelines to facilitate the implementation of the Energy Plan voluntary target of 50 per cent of new electricity supply from BC Clean electricity.

• Advocated for alternative energy and energy efficiency and conservation investments in British Columbia.

• Developed Letters of Cooperation with Natural Resources Canada Office of Energy Efficiency.

• Completed revisions to the Utilities Commission Act, Hydro and Power Authority Act, and created the Transmission Corporation Act.

• Revisions to the Columbia Basin Trust Act led by Crown Agencies Secretariat.

• For the 20 Policy Actions for which the ministry has primary responsibility or plays a significant role, 11 are completed, and 9 are underway.

• Liaised with BC Hydro and BCTC to facilitate initiatives to further Energy Plan objectives.

• Represented provincial interests in cross-jurisdictional electricity related initiatives.

• Advocated for, and undertook policy development to facilitate IPP development.

• Continued to complete further geological work to narrow the scope of potential offshore exploration areas.

• Established mechanisms to include First Nations and coastal communities in offshore development plans.

• Continued to develop an offshore oil and gas management regime that includes federal, provincial or joint regulations, legislation and environmental assessment.

• Conducted health and safety inspections at each mine.

• Implemented risk-based reclamation security guidelines.

• Completed site inspections and/or audits at all major mines to ensure compliance with permit conditions and appropriate environmental standards.

• Worked with industry to establish closure requirements at mine sites that are ceasing operations to ensure practicable, timely and effective reclamation occurs.

• All excluded employees have completed an Employee Performance and Development Plan.

• Developing performance measures and a quarterly progress report for Treasury Board.

• Developed a funding model.

• Redirected resources to focus on deregulation for the oil and gas, and mining sectors.

• Implemented measures to eliminate regulations.