Mr. Speaker, I want to pick up on something the member said, because it gets repeated so often in this place, that somehow the current Liberal government has hurt investment in the energy sector.
That is not the case. We have to look globally, and what we find is that investors are fleeing fossil fuel investments. They are divesting. We can look at the many speeches by Mark Carney, who used to be the Governor of the Bank of Canada and is now the Governor of the Bank of England, where he says there is a carbon bubble, and smart companies want to avoid having stranded assets in the oil sands.
That is why ConocoPhillips has left; that is why Shell left; that is why Statoil left; that is why Total left. At the height of the oil sands, it amounted to 2% of our GDP. Large multinationals are leaving because they are investing in renewable energy, because that is where the profits are.