Mr. Speaker, I too want to take this opportunity to thank you for your incredible service in the House. We were both elected back in 2004 and it is a honour to have served with you in Parliament.
Because it is probably my last chance to speak in this 41st Parliament, I want to take this opportunity to also thank my colleague from Saanich—Gulf Islands. I am going to miss our plethora of late shows. We get to spend a lot of time with each other. I always joke that I spend more time with her than my wife. I have gotten to know her. We worked together on her private member's bill, the Federal Framework on Lyme Disease Act, and I want to thank her very much for working with me on that and accomplishing something very useful in this Parliament.
I also want to say that we share a mutual friend in the Hon. Pauline Browes, and it is nice to work with her as well. I very much respect her commitment, not only to the environment but also to her constituents.
In response to her question, on May 15, our government announced its intended nationally determined contribution, the INDC, under the new international climate change agreement, ahead of the G7 meeting in June. Canada has a fair and ambitious target that is in line with other major industrialized countries. It reflects our national circumstances, including Canada's position as a world leader in clean electricity generation. We will continue to take a responsible and balanced approach.
Canada has stated that it intends to reduce its greenhouse gas emissions by 30% below 2005 levels by 2030. In addition to announcing Canada's 2030 target, the Minister of the Environment announced our government's intent to develop new regulatory measures to reduce emissions. These measures would build on actions taken to date under our government's responsible sector-by-sector approach. These new regulatory measures would reduce methane emissions from the oil and gas sector, regulate the production of chemicals and nitrogen fertilizers, and regulate emissions from natural gas-fired electricity generation.
Our government's record is clear. We have reduced emissions, while growing the economy and creating good, well-paying jobs for Canadians. Canada will continue to take co-operative action with its continental trading partners, particularly the United States, in areas where our economies are closely integrated, and we will work toward further action in integrated sectors of the economy, including energy and transportation. We will work co-operatively with the provinces and territories on these goals, while respecting their jurisdictions.
Once again, thank you very much, Mr. Speaker, and all the best to your lovely wife and kids, and your future.