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IATI - Israel Advanced Technology Industries
IATI - Israel Advanced Technology Industries
IATI News & Events Daily Industry News Canada favors tech cooperation with Jerusalem

Canada favors tech cooperation with Jerusalem

Jul. 4, 2012

With Canada’s widespread experience in natural resources regulation and development and Israel’s eminence as an innovation hub, the two countries would make ideal partners for collaborative advancement in both traditional and renewable energy fields, a Canadian minister told The Jerusalem Post on Monday.

“We have a lot of experience in offshore drilling and governmental [procedure], and we have a lot of experience in the extraction of non-conventional oil,” Canadian Natural Resources Minister Joe Oliver said, during an interview in Jerusalem on Monday afternoon.

“Israel is a hotbed of innovation and technological activity. I think we can learn from each other. I think there’s real potential to use our presence in the resource sector to work with the Israeli government in a commercially advantageous way for both countries,” he added, stressing Canada’s commitment to the existence of the Jewish state.

Oliver, of the Conservative party, was elected to the House of Commons in 2011 and assumed his ministerial office on May 18 of that year, representing the Eglinton- Lawrence District, a district northwest – and including a portion – of Toronto. Prior to entering politics, Oliver was an investment banker, and he earned an MBA from Harvard University and both bachelors and law degrees from McGill University.

As of Monday evening, Oliver had met with Industry, Trade and Labor Minister Shalom Simhon, the solar company HelioFocus, representatives from defense electronics firm Elbit Systems, researchers at the Technion- Israel Institute of Technology, oil shale developers at Israel Energy Initiatives and Israel Renewable Energy Association head Eitan Parness.

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