Madam Chair, the oil sector and its workers continue to be affected by COVID-19 and the global surge in oil supply. Our government has taken action, including providing funding to B.C., Alberta, and Saskatchewan, that will clean up as many as 40,000 inactive and abandoned wells while creating thousands of jobs.
In fact, a study by AltaCorp Capital said this money could double the entire market for well abandonment reclamation work in western Canada and is projected to create up to 15,000 to 21,000—