Mr. Speaker, my colleague is exactly right. The devastating losses of energy projects and energy jobs are a direct consequence of the Liberals' policy and their legislative agenda. The only oil and gas industries in the entire world that are not thriving are Canada's and Venezuela's. The risk is that Canada is being left behind in its potential as a leading global energy producer and exporter, which harms all Canadians and all indigenous communities.
The reality is that the amount of investment that has been lost in Canada's energy sector under these Liberals is more than at any other time in more than seven decades. It is not a matter of external factors; it is a direct consequence of their decisions.
Further to my colleague's experienced, direct and informed comments on Canada's track record, it is not just Conservatives saying it. It has actually been benchmarked in exhaustive and comprehensive comparisons of Canada to the other top 10 major oil and gas-producing countries in the world in 2012 and 2014. The conclusions were that on every single measure—including expertise, independence, consultation, evidence, science-based decision-making and the incorporation of traditional knowledge—Canada's track record and role are second to none among every other major producer on the planet. Canada can do better and strives to always do better, but Canada is already a world leader on exactly all those points my colleague mentioned.