I rise today to request an emergency debate with grave concern on the cancellation of Teck Frontier.
This is an economic crisis for Alberta, costing 10,000 direct jobs and $20 billion in investment, but billions more for all levels of government and indirect jobs for all of Canada. It is a crisis of national unity from the perspective of western Canadians, who have witnessed the double standards for oil and gas compared to other sectors and other provinces. It is a crisis of investor confidence in the entire Canadian economy, because energy is the biggest private-sector investor in Canada and because Teck exceeded every federal requirement and still could not secure timely and predictable political approval even seven months after the recommendation from the independent and expert joint panel.
After investing $1 billion securing local indigenous agreements, unanimous support with all those directly impacted and the evidence and science recommending Teck Frontier in the best public interest of Canada, within a week of the final project decision, media reports say Teck sources say that public safety and political risk in Canada made it too great for them to proceed with their project. This is a company that considers their multiple projects in unstable South American countries less risky than here in Canada.
In the past five years, the loss or stalling of oil and gas projects and jobs is the equivalent of losing both the auto and aerospace sectors in Canada. I know every single member in this House of Commons from every community in every corner of the country would consider that a grave emergency. Teck is just the latest. The Alberta government even recently accepted new measures just to see this project go ahead.
There is precedent for granting emergency debate when Kinder Morgan was forced to abandon the Trans Mountain expansion and more recently to debate the terrible job losses in auto in Ontario. For all those reasons and for all of Canada, I plead with you, Mr. Speaker, to grant this emergency debate.