Through you, Mr. Chair, the federal government needs to ensure that Canada's economy will be up to supporting workers in the green transition. For what that means in concrete terms, Environmental Defence has worked with economist Jim Stanford on a report that I'm happy to share with the committee.
It's actually not a very complicated transition, because so many jobs are created in Canada all the time. The service industry creates lots of jobs. With reuse systems, we're talking about creating lots of jobs through reuse and repair systems and those kinds of things.
The circular economy will create jobs, but we need to transition workers from what stands to be a stranded economy involved in the carbon economy. We will risk stranding workers and stranding huge amounts of infrastructure and capital in that industry. This is what investment analysts are warning investors about right now.
We need to build the transition and ensure that older workers have an opportunity to retire with dignity and that younger workers get the training they need to shift industries if necessary. We need to put all that wonderful Alberta know-how—the technology, the logistics, the engineering and the maintenance—to work in industries that build our economy for the green future.
We need to put workers first in that priority list and shareholders second.