First of all, Mr. Cannings, I would say that there are a lot of reports, and many of them are conflicting. This is an incredible time of flux, I would argue, for the energy market all over the world.
It is never a bad thing—and I'm thinking particularly of TMX—to make sure that we diversify our customer base. With most of our energy exports going to the United States, particularly for Alberta and Saskatchewan, we need to open up more international markets. For TMX, 13 shippers have made approximately 15- to 20-year commitments, accounting for about 80% of the capacity on the expanded TMX, so the demand is there. It has been contracted out. TMX is meant to get our oil to markets, and in exchange, we get a higher price for the same resource.
We intend, as we have said, to sell it back to the private sector and to put those funds towards a green future. What we're witnessing right now is an energy sector in a tremendous state of flux. Therefore, we have to be very nimble in order to look after our workers and our economy while at the same time showing that we can lead on lowering emissions. I know, at first blush, that it seems like these are very contradictory things, and I would make the argument—and I'm sure I'll make it again during this committee—that they are not. It is essential that we get that balance right.