In response to the honourable member's question, yes, subsidies to the oil and gas sector in general are taking us in the wrong direction. They are putting a foot on the accelerator as we head towards the cliff, instead of the brake.
On a more nuanced level, when we think about what that means in terms of the $100 billion that has been given out, it matters what the purpose of the subsidy was. In terms of judging the effectiveness, if it's a job creator, let's judge the effectiveness of job creation. However, if we're going to say—and this is at the heart of our principles—“Let's find a way to support sectors such that we are not increasing production, lowering production costs and making more viable an industry that we know doesn't have a future in Canada past 2030”, the more we support that sector, the more we risk stranding assets and the more we risk painfully dislocating workers and communities that are dependent on those sectors.
Subsidies that continue to make those sectors viable and increase production in those sectors are clearly taking us in the wrong direction.