Mr. Speaker, I agree. The oil and gas sector has created prosperity over the past decades, and I think all Canadians appreciate that. The fact is that there are more than 20 oil sands projects on the books now that have all the permits ready to go but are not moving ahead. They are not moving ahead because they do not have the investment behind them. The world investment banks are moving away from the oil sector. They do not want to get involved in new projects that will take decades to amortize. They are interested in other opportunities in the energy sector, but not in new oil projects. That is why it would be difficult to—
In the House of Commons on May 10th, 2021. See this statement in context.