Mr. Speaker, I thank my colleague, whose company at the Standing Committee on Natural Resources I very much enjoy. I am well aware that the forestry industry will not be replacing the entire fossil fuel industry anytime soon.
I just want to point out to him that, in the early 1970s, everyone said it was impossible to develop the oil sands and nobody would ever figure out the technology to make money extracting that kind of oil. Well, the federal government invested $70 billion in it, and someone figured it out.
Nowadays, however, what people want is a low-carbon economy. The forestry industry can make that happen. If the federal government steps up and supports the forestry industry for the first time ever, we might have a better economy 10 years from now.