Mr. Speaker, the challenge that we face today in the energy sector is very simple. It is a question of stability and a question of certainty, both for the people who are making the investment decisions to invest in production in Canada's energy sector, and the people whom I talk to every day, who have selected me to be their voice in Ottawa. It is a question of certainty, and it is a question of stability.
The colleagues opposite who are laughing at this tonight should give their heads a shake. When people are sitting around a corporate board table and trying to determine whether or not they should spend several billion dollars on a major capital investment, they look at several determinants. They look at labour availability, political stability, market conditions, and all sorts of things. They make a determination based on a set of information available at the time, but they have to be certain that the information is right and that it is going to stay stable.
If there is no certainty in an area, workers who are trying to decide whether or not to stay in a region, or whether or not to sell their house, or what sort of purchases to make, or how to make ends meet, are going to make a decision one way or another.
The problem we have seen with the government over the last three years is the question of instability. When we started to see a shift in the supply side model of energy products in North America, as the Americans started to come on stream with more energy supply—and of course we should spend a bunch of time talking about the demand side model internationally as well—what the government should have done at that point in time, when they the Liberals came into government in 2015, was to do everything in its power to make the situation more certain and stable for the workers in Canada's energy sector so that companies could stay and prosper in Canada, and for those who seek to invest in Canada's energy sector, to do the same.
What does the government need to do to rectify the decisions it has made that have led to instability, so that we can see projects built from here on in?
First of all, the government has to scrap its carbon tax. It creates investment instability in the energy sector and is a burden on energy sector workers. There is no economic modelling to show that it will actually reduce greenhouse gas emissions, because for the most part carbon in Canada is price inelastic.
The second thing that it needs to do is to repeal its cancellation, during a major downturn in the Canadian economy, of the oil and gas exploration drilling tax credit. It needs to reverse that decision that it made.
The government needs to reverse the tanker ban that it put in place.
The government also put in place a five-year moratorium on northern oil and gas exploration, giving the territorial governments less than two hours' notice. That caused instability. It needs to reverse that decision it made.
The government also need to reverse the decisions it made around the methane regulation framework that it put in place. That is an example of the instability the government caused when it knew that the energy sector was going through a downturn.
The government needs to scrap and do everything possible to stop the passage of Bill C-69, which it has tabled. That bill creates instability. It creates a new regulator and an environmental assessment process with indeterminate timelines. If people are sitting at a corporate board table and trying to make a decision whether or not to invest, it is not about just getting to a yes, but about getting to a yes or no within a defined, clear set of timeframes. Bill C-69 completely undermines that.
Any investor who is looking at investing in Canada's energy sector looks at Bill C-69 and says, “No way.” The government put that in place in a time of economic downturn, and it needs to scrap that.
The Liberals need to scrap Bill C-48, which put in place the unilateral imposition of a ban on using B.C.'s north coast for oil and gas exports. They put that in place. They need to reverse that.
Bill C-86 gives cabinet the authority to unilaterally shut down the shipping of natural resources by water anywhere in Canada, including offshore oil and gas. That is instability that the sector looks at. They need to repeal that bill that they put in place during a major downturn in Canada's energy sector.
They need to repeal Bill C-68, because it dramatically increases the red tape on project development by adding a multi-month review under the navigable waters act for any water on a project site that is large enough to float a kayak. It adds instability. It is unnecessary red tape. They need to repeal this bill that they put in place during a major energy sector downturn.
They need to repeal Bill C-88, which politicizes oil and gas development in the Far North, by providing cabinet in Ottawa the unilateral power to shut down oil and gas development in the Far North.
As well, they need to stop the proposed fuel standards that they are proposing to unveil before Christmas that will equate to a carbon tax of $228 per tonne of fuel, which would almost certainly mean the end of the oil and gas sector.
They also need to apologize for standing here and applauding Barack Obama after doing nothing to prevent the veto or speak against the veto of the Keystone XL pipeline.
They need to apologize for the fact that they did nothing when they allowed Denis Coderre to dump millions of litres of raw sewage in Quebec and say that energy east was not in the best interest of Canada. Instead they stood up here and agreed with him. The speech by the member for Calgary Centre was such a disgrace. He said he was going to pound on the table for a pipeline. Where was he when Dennis Coderre was doing that? He got kicked out of cabinet. He was our supposed voice in cabinet for Calgary who did nothing to stop any of these bills.
They politically vetoed the northern gateway pipeline. In a political process, the government overturned a years-long regulatory review of the northern gateway pipeline that had over 200 conditions on it that was set and ready to go. That created uncertainty and instability, and politicized a system during a downturn in the energy sector.
They need to invoke section 92.10(c) of the Constitution Act to bring the Trans Mountain pipeline completely into federal jurisdiction so that B.C. cannot obstruct its building out through permitting or other mechanisms in their jurisdiction right now.
Mr. Speaker, I am sharing my time with the member for Peace River—Westlock.
They need to start building the Trans Mountain pipeline. If what the Prime Minister said is true, and it is in the best interest of this country, why are the Liberals kicking the can down through a potential spring election window? If they are serious about it they should be building it out today. There should be shovels in the ground tonight.
The last thing they need to stop doing, for the love of all that is holy, is stop abdicating the responsibility for getting these policies right. Every time, they stand up here and say that it is Stephen Harper's fault. They had three years to get these projects done. With that litany of lists that are nowhere near complete, all they have done every step of the way is add uncertainty and instability for the investors in Canada's energy sector and for the workers in my community. All the people in my riding want to do is get back to work. Everything the government has done has been to abdicate responsibility and create instability.
The last thing they need to do is the Prime Minister needs to stop going overseas and telling his true agenda to the world, which is that he wants to phase out Canada's energy sector. If I was a worker in Canada's energy sector or if I was looking to invest in this, I would be saying that is a pretty clear policy. He has backed it up with action. Every single one of these bills and actions has been anti-energy sector.
None of the Liberals can stand up in this place and say they have done anything for Canada's energy sector. However, they can tonight by undertaking to repeal all of these bills and standing up and saying that they were wrong, that this stuff was wrong, that it created instability and the death of Canada's energy sector.
We are out of time. The Liberals need to build Trans Mountain. They need to get the shovels in the ground tonight, repeal these bills, and start being serious about one of Canada's most prosperous and stable industries in this country.