Thank you, Mr. Chair.
Thank you all for your kindness and understanding regarding my cancellation, I think, three weeks ago.
I am joining you from the Island of Newfoundland, which is the ancestral homeland of the Mi'kmaq and Beothuk.
I know my time here is short and I want to touch on two very important things right off the top.
First, I want to state very clearly that the best thing we can do for all of our natural resource industries is to wear a mask, wash our hands and physically distance when possible. Hope is coming; vaccines are coming, but we have to be vigilant until then.
Second, I want to send a very clear message to every worker, family and business that is relying on the Keystone XL project that our support for this project has been and continues to be unwavering. On their very first call, the Prime Minister discussed Keystone with President-elect Biden. That is the very definition, I would argue, of a priority.
I would add that one of the strongest arguments we can make for Keystone is our record on tackling climate change. Today, my colleague the Minister of Environment announced a historic part of this fight, with 64 new measures and $15 billion in investments to protect our environment, make life more affordable and make our communities more livable. That includes almost a billion dollars for renewable energy and smart grids to enable the clean grid of the future; $2 billion in repayable financing for commercial and large-scale building retrofits; $1.5 billion in a low-emissions fund for hydrogen and renewable natural gas; $3 billion for expediting decarbonization projects for large emitters; incentives for EVs, and a further $300 million to support off-diesel initiatives. This builds on the work that we're already doing.
Canada has a price on pollution. We are phasing out coal-generated electricity and we are legislating accountability for our goal of net-zero emissions by 2050. We are making significant investments to reduce carbon and methane emissions, and build our capacity for renewables. We are investing in new opportunities and innovation such as hydrogen, carbon capture and small modular reactors.
This is the same vision we laid out in the Speech from the Throne this fall and that we have continued to implement with our fall economic statement last month, including another $2.6 billion over seven years for retrofits and jobs to make our homes more energy efficient, and a further $150 million to build more charging stations for electric vehicles.
This is the same vision we laid out in our Speech from the Throne this fall.
We are using natural solutions to fight climate change, with....
Sorry, but I guess in all the technical confusion I have to find my notes. Here we are.