As a member of Parliament for Calgary, I hear a lot about the importance of a competitive energy industry that allows our innovators to put forward creative solutions to the challenges our world faces in energy, chief among those being reducing emissions in the fight against climate change. In order to access investment and signal to the market that our industry is committed to hitting our emissions targets, private sector firms and governments need to work collaboratively to create conditions for innovation while remaining competitive in a global marketplace.
Could the minister explain how the ERF will work to increase competitiveness and improve investor confidence within the sector?