Madam Speaker, there is no doubt that this government is showing a great deal of respect for indigenous communities by working with them.
I appreciate the comments made by the member for Edmonton Strathcona, particularly because she is from Alberta. She rightly points out the effects of this decision primarily with respect to the realities that the Premier of Alberta and others are giving to this situation.
The global price of oil is well below the point that would make this project not profitable, with no increase in sight. Investors are fleeing the industry not only in Canada but globally. The global consensus is that climate change must be addressed. This process is doing just that. We are moving forward in an economically, environmentally and socially responsible way for all of Canada.