It's about diversity. It's about money. It's about jobs. That's what the offshore has brought to us, and also the technical expertise that, thank goodness, in this instance is transferable to these new jobs. In other words, the same labour force that did one does the other. As I said, you stand there in Argentia, Newfoundland, and it's happening there right in front of you.
Workers are behind this and unions are behind this because this is about jobs and money. It has been a blessing to my province, but the world is changing. Investors change, things move and money moves, and you're seeing greater diversity in many energy portfolios. Again, in looking at the news today, we're seeing AIMCo in Edmonton taking $1 billion of their money and putting it towards “energy transition”, in their words, and global energy transition. I presume they're making investments around the world in these fields and in renewables. They're diversifying.
We continue to look at ways to diversify because that's what investors want. At one point, it was perhaps just the leaders in environmental groups and in governments, but now it's investors, and that is a tide that will be very difficult to turn for any one of us. It's one that we shouldn't be trying to turn anyway. It's one that we should embrace. I think this is such a pivotal moment. Having been Minister of Natural Resources and now, years later, standing before this committee, I think the level of investment and interest in the potential for this country is just massive.
We've embraced these industries before. We embraced oil and gas before, and look how good we got at it. Now we can take that same prowess, that same expertise and that same ability and put it towards something new, where investors in those same industries are starting to put their money. The opportunity is golden.