Yes, and to be very clear, I'm quite attuned to this because I come from an energy-producing province, and in fact I've been working on the energy file since some 25 years ago anyway, when we were dealing with the generic royalty regime for our offshore here.
Energy and associated projects come under provincial jurisdiction. That was the very clear and firm lesson that I learned from Minister Savage upon my first meeting with her, two days after I was sworn in. You have to work with provinces in order to make sure this occurs.
The reason we chose orphan and inactive wells was to make sure that the workers who we knew were immediately displaced by demand destruction.... As you know, talk about a year ago and you'll recall when the cost of a barrel of oil went to negative $35. I have an app on my phone called “Oil Price Watch”, and I couldn't believe what I was seeing. I think anybody else who is involved in the industry and cares about it remembers that day very well.
Our first concern right away was workers: first, because you need to make sure you look after them, and second, because this isn't a charitable endeavour, as I keep saying. These are some of the most experienced people in the country, with the highest level of expertise. We can't afford to lose them as we change tracks and lower emissions.
My challenge to workers in my province and in Alberta, Saskatchewan and B.C.—to Mr. Zimmer's point—is always the same. Within a generation, we figured out how to take oil out of sand to become the fourth-biggest producer of oil and gas in the world. That is a phenomenal feat. We need that same ingenuity and level of expertise to take on our new challenge, which is to lower emissions to ensure that the energy sector of this country continues to thrive. Otherwise, investments will pour out. This requires government having to work with unions. It requires government having to work with provincial governments. It requires government having to work with the oil and gas industry in order to make sure we lower emissions wherever and whenever we can find them.
The orphan and inactive wells program is one that we could see was working in British Columbia, in Alberta and, in a more modest fashion, in Saskatchewan. The thinking was something like this: Why create some new federal program, when you have provincial programs that are up and running and we could fund that capacity on the ground, fund increased capacity and fund more projects?
We did the same here—out here it would be offshore—in finding comparable projects, again respecting the jurisdiction of the province and coming together with a package of some $400 million to lower emissions and to train up workers so they continue to lower emissions. Ultimately, that's the goal.
That is how we build.... That is the new challenge to an energy sector that has faced challenges before and workers who have faced challenges before and have been up to the task, by in a generation becoming the fourth-biggest producer of oil and gas in the world. We can lead the world now in lower emissions in our energy sector. There's no question.