Mr. Speaker, my dad was an investment banker and taught me from the time I was two that the first rule of business is “Buy low, sell high.” Here in Canada, we buy the world's most expensive oil in the east. We have an 80% dependency on oil from places like Arabia, Nigeria, and Venezuela, oil that has a large carbon footprint and is very expensive, and we sell at a huge discount in the west.
Yes, we want safer pipelines. This act is not going to do it without some major changes, but the real question for the member is this: does he understand that we have to reduce our use and export of oil, that we need to transport it more safely, and that this bill is not going to do what we really need to do, which is to stop putting all of our eggs in the oil basket?