As I was saying before I was interrupted again, it was about the private sector investment in Timmins-James Bay. We would hope you would see that anyway, but, you know, after eight years of this government, we have seen a lot of that flee the country, for sure.
I think making sure that at the very least there's language that will provide some certainty around whether or not the government's actually serious about promoting economic growth, or private sector investment, would definitely be good to see. But we all know that the way this bill will go, it will crush any opportunity for the type of economic growth that the current natural resource industries provide; the private sector investment that at one point it did, prior to this government's getting into power eight years ago and the chaos that, along with the NDP, it has invoked upon the provinces and on the sector at large.
I do think this is a good amendment for us to be able to start this debate off on. As I say, it's to improve affordability. That's what this gets to at its very heart and core. We know that affordability in our small towns and communities like Coronach and Rockglen and Willow Bunch will suffer when this bill gets rammed through, much like it did in the town of Hanna, Alberta. That's why we're making sure that we have some language like this. We want to make sure the government is actually accountable for what it is going to be trying to do for our communities.
Now, in terms of the creation of sustainable jobs, I'm of the opinion that the jobs people currently have are quite sustainable and in fact should be prioritized and not just thrown by the wayside. We know that these current jobs lead to the revenue that these companies make, which allows them to make the private sector investment that we were talking about earlier, which leads to economic growth. Sustainable jobs already exist. There might be some ideologically driven folks around the table who think otherwise, but we know that sustainable jobs do exist. There are private sector investments from these companies. They are the ones who are largely investing in, say, wind power or solar. They want to be investing in some of the other emerging things that have come and will be available.
For example, in my neck of the woods—Mr. Aldag has family in that neck of the woods, which I've talked about before—is the SunBridge wind farm. Suncor invested in wind, one of the very first companies in Saskatchewan, and I would suggest probably in other provinces as well, to do so. They were one of the early investors in wind. Enbridge partnered with them to be able to build that wind farm to provide power for the power utility in Saskatchewan, which is SaskPower. That's why it's called the “SunBridge” wind farm, because it was Suncor and Enbridge. They are oil and gas companies. Over 20 years ago they made the decision that they were going to become energy companies, because they saw that there was the opportunity for expanded economic growth and the opportunity to grow the types of services or I guess the type of power and type of energy they were going to provide to people. They wanted to make sure they were involved in that. It created jobs. It created wealth for communities. It expanded the tax bases of some communities in the area.
Unfortunately, what's happening now, because of what's going on with this government, is that the wind farm is being decommissioned. It's not going to be replaced because of the lack of certainty that comes from this government. Bill C-50 will only create further issues for the types of companies that want to invest in energy production in this country.
I think it's important to acknowledge what the private sector can do, the role they actually have to play in energy production across the country and what that means for sustainable jobs. Those are jobs that actually already exist. It's not some new concept that this government is going to pretend to invent and take credit for. These sustainable jobs already exist. They do exist in the oil and gas industry. They do exist in all parts of the economy and in all sectors.
To make sure that we prioritize will mean an effort to see more affordability for Canadians, because Canada's strategic advantage for years and years and years has been affordable, reliable energy. That's in large part due to our oil and gas companies, which have provided reliable, affordable, environmentally sustainable sources as well. That's not to mention the indigenous partnerships that have come from these resource companies and the fact that they are continuing to work toward economic participation and self-determination for first nations.
As such, there are companies like Natural Law Energy. This government has actually denied this company the ability to participate in the economy, by getting rid of things like Keystone XL, not bothering to put any effort into having any advocacy on that to make sure that those projects, which were good for Canada and good for our energy security and our future going forward.... There were good opportunities there that were lost. This type of bill will make absolutely sure that those folks don't have that opportunity.
At the very least, we could put in some friendly language around affordability and prioritizing economic growth, private sector investment and the creation of...well, sustainable jobs, because a “just transition” bill is what this is. We could say that this bill is not going to do anything about sustainable jobs, but we're still going to put the reference in there, because we think those jobs already exist and that the government should prioritize those jobs.
I hope colleagues all around this table will be voting for this amendment. I know I'm excited for it. I'm looking forward to seeing what other people think.