Mr. Speaker, let me reassure the hon. member for Drummond that the purchase of the Trans Mountain pipeline and related assets from Kinder Morgan was a sound investment. The investment builds on our commitment to support Canadians and their communities. It is one of the many investments our government is making to protect well-paying jobs that help strengthen and grow the middle class, that help get Canada's resources to world markets and that deliver economic benefits for all Canadians now and for years to come.
The purchase is a good example of a solid investment that will benefit Canadians. We are moving forward with the Trans Mountain expansion project in the right way, with meaningful consultations with indigenous peoples.
If approved, the twinning of the existing Trans Mountain oil pipeline and expansion of the Westridge Marine Terminal would help ensure that we are able to safely get Canadian oil resources to world markets and allow producers to receive a better price for their products. That growth will allow us to invest more in Canadians and the things that matter to them, like healthier and more livable communities.
The core Trans Mountain assets also have significant commercial value. The assets include the existing pipeline, pumping stations and rights of way along the route between Edmonton and Vancouver as well as related tank terminals, the Westridge Marine Terminal in Burnaby and the pipeline to Puget Sound.
Our government believes that protecting the environment and safeguarding the oceans, growing the economy through investment and respecting indigenous rights are not mutually exclusive. No relationship is more important to our government than the relationship with indigenous peoples. The government's goal is to move this expansion project forward to create economic benefits for them and for all Canadians.
These are shared priorities, and it is our government's job to bring them together in a way that benefits all Canadians. That is exactly what we have done. That is why we have introduced a world-leading oceans protection plan to make our oceans cleaner, safer and healthier for generations to come. We believe that this is the best way to protect thousands of good, well-paying jobs and the safest and most effective way to get Canadian oil to world markets.
When we are faced with exceptional challenges that put jobs at risk and put our international reputation on the line, our government is prepared to take action in a way that turns these challenges into opportunities. With the Trans Mountain purchase, we are making these opportunities a reality.