Mr. Speaker, thank you for the opportunity to rise today to reaffirm our government's commitment to the oil and gas industry, a vital part of our Canadian economy.
All members of the House recognize that recent years have been difficult for Canada's oil and gas sector.
The sharp drop in oil prices has taken a heavy toll on the men and women, and their families, who depend on the industry for their livelihoods, not just in Alberta, as we have heard tonight, or Saskatchewan or Newfoundland and Labrador, but right across the country.
Every job lost in the oil patch ripples across the Canadian economy, whether it is a manufacturing company in Ontario, an engineering firm from Quebec, or an oil worker commuting from one of our coasts. All of us understand that, just as we understand that we cannot move global commodity prices with a snap of our fingers, no matter how much we want to.
However, we can strengthen Canada's social safety net to help affected workers by extending employment insurance benefits for those in the hardest-hit regions and by introducing the new Canada child benefit that provides greater financial assistance to those who need it most. That is what we have done.
We are also making unprecedented investments in vital infrastructure, such as public transit, roads, bridges, and water treatment facilities, to get more Canadians working, building the foundation that will keep Canada's economy growing for generations to come. It is a balanced approach that ensures that Canada's energy sector remains a source of well-paying middle-class jobs.
We are striking a balance, approving the Trans Mountain expansion and Line 3 replacement projects and creating 22,000 construction jobs along the way. They were balanced decisions, and they were the right decisions.
The Prime Minister's mandate letter to the Minister of Natural Resources is very clear on this approach. I would like to read an excerpt from it:
It is a core responsibility of the federal government to help get our natural resources to market, but that is only possible if we achieve the required public trust....
That has been our approach since we took office, rebuilding trust and restoring faith by strengthening our environmental assessments and regulatory reviews, by expanding public engagement and consultations with indigenous peoples, and by ensuring that local communities and indigenous peoples are true beneficiaries of resource development. I believe it is an approach that has come to define our government: promoting clean economic growth by getting our environmental house in order and rallying Canadians behind us.
Our efforts started as soon as we took office, when the Prime Minister went to Paris with our provincial and territorial colleagues, and Canada helped lead the way on the global agreement on climate change.
The Prime Minister met again with the provinces and territories last spring and fall to launch the pan-Canadian framework on clean growth and climate change. This framework has set us on a clear path toward ensuring that Canada is a global leader in the transition to a lower-carbon economy.
All of these measures are critical to the long-term future of Canada's energy sector, including the oil and gas industry. How? It will be by making the industry greener and more competitive for a world that increasingly values more sustainable practices. This was reflected in our government's first budget, which featured significant investments in clean technology and new innovation.
Let me just add that no one understands the need for clean technology and innovation better than Canada's oil and gas sector. That can-do spirit continues in the industry today through the Canada's Oil Sands Innovation Alliance. It is a formal partnership of 13 leading companies that have invested, to date, more than $1.3 billion to develop and share more than 935 distinct technologies and innovations.
However, none of us can do it alone. We cannot work in isolation from one another. That is why the Minister of Natural Resources has been engaging with people across this country, bringing together environmental leaders, energy companies, indigenous communities, and municipalities.
That is what our decisions on the TMX and Line 3 pipelines do, and that is what has been the goal of the initiatives I talked about today: Creating jobs and prosperity through a stronger, cleaner, and more sustainable energy sector, one built for today and tomorrow.