Mr. Speaker, these are the kinds of public policy discussions that we need to continue to have in Canada.
The fossil fuel industry has been an important economic driver in Canada, but we need to start making changes in order to meet those 1.5°C targets. Work is being done to phase out the fossil fuel subsidies.
The recent report by the commissioner of the environment called for even more work to be done in identifying what fully constitutes the range of subsidies to the fossil fuel industry, and that those need to be addressed.
To the member's question, we need to continue acting on and meeting the targets that have been set for phasing out subsidies to this industry. We need to also recognize the importance that the industry has in Canada's economy. In order to fuel and fund the transition to a clean economy, we have to pay for it somehow. That is where the actions we are taking as a government are helping to grow the economy, but also moving in that transition toward a greener and cleaner economy in Canada.