Thank you very much, Mr. Chair.
I would like to actually set the record straight not on what just happened, but what happened prior to that.
The oil and gas sector faces the exact same general corporate income tax rates as all other sectors of the economy. While some like to demonize the oil and gas sector, the fact of the matter is it is one of the key clogs in our economy. As was mentioned earlier today, we're talking about an economy that's had 6.5% growth over the last six or seven years. At the same time, Minister, under your leadership and other ministers under Prime Minister Harper, we've also seen a 6.5% decrease in greenhouse gas emissions. I think that's something we need to talk about more. As we talk about what's going on abroad, it's something we should be very proud of as a country and as a people.
Minister, I'd like you to talk a little bit about the sector-by-sector regulatory approach this government has taken to help meet these objectives and at the same time to help industry in our country meet these objectives by creating certainty and real results.