Thank you, Mr. Chair.
I'm going to take a few minutes to move a motion. I apologize to the witnesses. I hope we can get back to our discussion with them right away afterwards.
I had an email exchange with the Parliamentary Budget Officer, who indicated that his updated Trans Mountain analysis would be completed shortly and that he expects to table the printed version in early November. The Parliamentary Budget Officer also told me that he himself would be prepared to present his findings to the committee verbally.
I therefore move the following motion, and I hope we can deal with it quickly so we can continue our discussion with the witnesses:
That the Committee invite the Parliamentary Budget Officer to appear before the end of the Trans Mountain Pipeline study to share the findings of his update.
That's all there is to it. I think we need to have a discussion with the Parliamentary Budget Officer about his updated analysis. His last analysis of the pipeline project was in 2022, when the estimated cost was $12 billion, if I remember correctly. Today, it is an estimated $34 billion.
In his analysis, the Parliamentary Budget Officer told us that the project was unsustainable and represented a net loss for Canada. I suppose that, at $34 billion, a positive outcome for taxpayers will be even less likely.
I think we can have a quick vote on this. Also, it ties into the study we're doing now. If my colleagues are ready to vote, it's basically just a formality.