Madam Speaker, I will start today by thanking my colleague from Edmonton—Manning. He is a great advocate for the Canadian oil and gas industry. He does great work here and has proven on the floor of the House of Commons again today virtually that he represents his riding very well.
Alberta's industrial heartland lies just outside Edmonton. I am certain a lot of his constituents work in that gem of an industrial infrastructure in Canada, which provides so much industrial benefit to this country. We can talk about Canadian champions. We can talk about the way the industry built up in that whole area, where we produce and add value to our resources. We are not just hewers of wood and drawers of water. We add significant value along the way.
I joined my colleague at the Enhance Energy and Wolf Midstream facility in Clive, Alberta to look at the actual end of the pipe where the CO2 is collected, up in the industrial heartland, and brought down for storage 150 kilometres away in central Alberta. It is magnificent world-leading technology, a highway to sequester the carbon that is produced in industrial facilities in Alberta. So many firms are going to come to Canada because of the forward thinking that this industry has provided in Canada. I again thank the member for Edmonton—Manning for everything he has brought to the debate on this.
As everybody knows, I have been a member of Parliament for a year and a half. I have learned a lot from my colleagues every day, including the member for Edmonton Manning. When I came here, it was under the premise that people in this place did not really understand the Canadian energy industry, including the Canadian oil and gas industry. I will say here today, after the remarks from every member of the other parties, that premise is resounding in spades.
I remember when I first got here, over a year and a half ago, I would go to committee meetings where certain people would say that the solution to our problem in Alberta is to get a big fund to transition everybody out of oil and gas jobs. I would sit there slack-jawed at the ignorance on display from some of my colleagues from across Canada about what this industry represents to Canada and how much it contributes to our national life every day.
We are world champions in the environmental production of our petroleum resource. We have reporting standards that are far greater than anywhere else in the world. I contrast investments in the Canadian oil and gas industry with those in the United States and those overseas. I can attest that the only country that comes close to Canada's environmental standards is Norway. It has a declining base and is drilling further and further into the North Sea in order to access more resources because its $1.1-trillion wealth fund is built and entirely dependent on hydrocarbon resources.
We talk about a European business model, and I have heard a number of times in this debate about how the world is moving on. We should take a look at where the world is moving on to. The world is moving out of Canada because we are easy pickings to move away from, but in so doing, it is funding investments in the Middle East, which has a far worse environmental standards and human rights standards. They also have no transparency at all on how it is producing its oil.
We are comparing apples to oranges. Canada is the bar. Everybody else is below that bar. As Canadians, should be supporting that bar and looking at this industry as the champion we have built over the last decades here in Canada. As Canadian, we should accept it because it adds so much, not just from the employment perspective of 450,000 direct and indirect jobs, but also from a taxation perspective.
I will go through those numbers because we are talking about $130 billion in exports from our oil and gas industry per year. That is over 22% of our Canadian exports, which are contributing to the value of life here in Canada. Imagine our Canadian dollar if we did not have Canadian oil and gas exports. All kinds of taxation comes from here, provincially, federally and municipally, and it is in the hundreds of billions of dollars. It is an average of about $24 billion per year going back for the last 18 years.
Even the numbers going forward are great, quite frankly, for what we will contribute to Canadian taxes. It represents about $240 billion over the next 10 years, which is another $24 billion a year that will be going to Canadian taxpayers so they can have nice hospitals, pandemic responses, good schools, good universities and good seniors care. These are all funded by an industry that is a net contributor to Canada through and through. It has been for my whole lifetime and that of most members in this House.
We actually advanced with the free trade agreement in the United States. The core of that free trade agreement was our energy agreement, and trade with the United States has been fundamentally important to our lifestyle rising up in Canada. We can actually afford the things the rest of the world took for granted, and we have learned to take them for granted in Canada. One thing I am seeing quite clearly here is the division, between producing provinces and non-producing provinces, of knowledge about what this industry brings to Canada. I can assure members that revenue has been shared equitably across this country, and we have added so much value—