Mr. Speaker, there is no tar in the Canadian oil sands. In truth, the oil sands represent one of the world's richest deposits and largest reserves of energy. They drive investment in job creation, technology and innovation in every corner of Canada while related revenues support many of the government's services, which millions of Canadians rely on every day.
Despite years of misinformation and attacks presented by special interest groups, the European Union announced today that it will not single out oil sands crude. It is a clear victory for Canadian energy, and I would argue, an acknowledgement of the tremendous technological progress that has been made in improving oil sands extraction processes.
Could the Minister of Natural Resources please comment on today's announcement?