Mr. Speaker, with the sale of its Petro-Canada shares, the federal government will be losing its inside view of the oil and gas industry. This makes it all the more appropriate to act on the recommendation of the Standing Committee on Industry, Science and Technology to create a petroleum monitoring agency.
Does the Minister of Industry not see this as one more reason to act on the committee's recommendation and to create this watchdog agency, which would finally make it possible to regulate the oil and gas industry? Are we going to find out the government's position on this before an election is called?