Mr. Speaker, we understand that the natural resource sector in Canada accounts for 20% of the GDP. We know that Canada's economic future depends on a healthy energy sector. We also understand that in order to ensure that our natural resources move to markets sustainably, we need a regulatory process that has the confidence of Canadians. That is why we have established a set of principles that we are confident will much more likely get us to that place than what happened with the previous government.
In the House of Commons on April 12th, 2016. See this statement in context.