Mr. Speaker, investment confidence in Canada is collapsing. CIBC warns that a slowdown or uncertainty regarding a pipeline is “a major factor impacting...investment” in energy. RBC warns that capital is leaving “in real time“ and that people will go with it. Scotiabank is worried about Canada's resource-based economy. Businesses are concerned that the energy sector is at risk.
The Prime Minister wants to phase out the oil sands. He killed energy east, northern gateway, and the Pacific NorthWest LNG pipeline. When is the Prime Minister going to stop undermining energy investment in Canada?