In the short to medium term, Canadian exports aren't in any danger. Today's meeting is really about exports. Exports aren't at risk. Canada's oil exports are at record levels. Natural gas exports are picking up again, courtesy of the LNG Canada project on the west coast. We don't need to worry about these exports.
That said, we must remain wary of overdependence on export revenue. This revenue will fluctuate and decline over the long term. As just discussed, we certainly can't count on growth in this sector with new infrastructure that won't pay off.
What should we focus on? I'll repeat myself. In Canada, we have enormous sources of energy in various areas. We must continue to exploit the sources with a future, such as renewable and nuclear energy sources. We must become better consumers and increase our energy productivity.
Productivity lies at the heart of economic growth. If we manage to develop resources, we gain added value. We must focus on this productivity, which obviously comes with technological innovations. We must boost these innovations through incentives for better consumption.