Thank you, Mr. Chair.
Minister, picking up on our discussion, I would say that the big problem in Canada is oil production and the fossil fuel subsidies.
I knew you before you entered politics, and I know this is an issue you are committed to. However, you're not in the right country to be Minister of Environment and Climate Change. You're in a country where oil production carries on. You can come up with all kinds of strategies, but the fact remains that oil and gas accounts for 31% of Canada's overall greenhouse gas emissions, up from 28%. That's even before the opening of the Trans Mountain pipeline, which cost us $34 billion, by the way. That money could have gone towards building social housing.
I'm not even talking about the Bay du Nord project, which could generate 116 million tonnes of greenhouse gas emissions. You approved that project, Minister.
You can play with measures and half measures all you like, but, I repeat, the big problem is the oil industry. Earlier, we were talking about $50 billion in direct and indirect subsidies that Canada is giving the oil industry. In 2022, the five biggest oil companies made $220 billion in profits.
How can you consider giving one red cent to those people? How does a country that's producing more and more dirty oil reduce its greenhouse gas emissions, or ever hope to?