Mr. Speaker, here is another example of how the government is putting sustainable development into action.
On June 9 an agreement was signed in Halifax between the Government of Canada and the province of Nova Scotia. This agreement, called the Canada-Nova Scotia Economy Agreement, was developed under the authority of the Canada Water Act.
Its purpose is to help integrate good water resource management practices with economic decision-making. By better understanding the value of water and its importance to economic prosperity, Canadians will be able to make informed decisions about their water use.
The real value of the new agreement will be improved long-term economic growth by ensuring that water will be used wisely in Nova Scotia and that it will be kept available for future economic development.
This agreement illustrates our ongoing commitment to establishing frameworks in which environmental policy and economic policy work together, laying a firm base for sustainable development.