It is about a contract. That's what I'm talking about. I'm talking about similar deals and why we're getting into a situation where.... We all know that when it comes to large investments and when developments are included in these investments, there's knowledge sharing that takes place. We have people who need....
In this instance, with what we're talking about in our amendment, it's three billion dollars' worth of equipment that needs to be assembled, and different people need to come and put them together at different times.
We have the new billion-dollar facility in Maple Ridge. It's another leading battery e-company, E-One Moli, creating 350 new jobs and securing over 100 existing positions. I hear every day about the labour gaps. We need people. We need all sorts of people who have the abilities to put together the skills required to do these jobs.
For those who are not aware, it's a subsidiary of the E-One Moli Energy corporation, which is a global manufacturer that specializes in high-performance, superior quality, rechargeable, lithium-ion cell products. We need the special skills to put those products into the workplace.
Out of all the potential places for it to invest, it chose Canada. This is what we're talking about here, once again. There's a contract involved. We have the auto experience. We have the greening electric grid and emerging rare-earth mineral mining operations. It's our government that has not only marketed this, making sure that the opportunities are here for the future generations to come here and invest....
We all know, with British Columbia, we're two days closer to the Asia-Pacific. It's over 30% of Canada's economy, and it's integral to our economy in British Columbia and for Canadians to ensure that we can continue to attract investments here.
People want a stable partner. They don't want to see situations like this—what we see in our committees. They want integrity in their partners to ensure the protection of any specific information that can possibly put in jeopardy the specifics of contracts that could, like my colleague said, jeopardize future investments.
We need to ensure that when it comes to innovation, science and IP protection, all of these things need to be protected. Ensure that certain members who....
We look at our own technologies. We don't want technology that's developed here to get into the wrong hands. You need specifically skilled people who want to protect those intellectual properties to come and do the job they need to do. Ultimately, the assembly of this plant that we're talking about needs to get going to ensure that Canadian jobs and generational jobs that are important to this region in question are protected.
With that, I encourage everyone to take a look at the amendments that have been presented and make sure.... I hope we can all support them.
Thank you.