Mr. Speaker, my colleague talked a lot about responsible economic development and he spoke about oil. When I think about oil and the oil sector, I look to Norway, which has $1 trillion in its prosperity fund. In fact, it is earning about $50 billion a year on interest alone, whereas Alberta has $11 billion put away.
I would like to hear the member speak about how this happened. How did Canada get left with $11 billion in its prosperity fund and Norway has $1 trillion, which is earning $50 billion a year in interest? It is investing in countries like Guyana, on a low-carbon strategy, doing good work around the world, and making investments necessary to tackle climate change, focused on transition where it is investing in renewable energy.
I would like the member to speak about the pathway forward and how we can be more responsible like our Norwegian friends.