Madam Speaker, the member for Edmonton Centre is right that this is one pipeline that the NDP and the Conservatives can agree that we need. This is a pipeline supplying Canadian oil to Canadian industry. It is not an expansion pipeline, at a time in the world when demand for oil has flatlined and will undoubtedly decline over the next 30 years.
With respect to the other pipelines the member mentioned, the Canada Energy Regulator put out a report saying we do not need them. We do not need them because the projects they were meant to handle are not going ahead, and they are not going ahead because the world financial markets realize there is no future in new oil projects.
This flight of capital is not just happening in Canada; it is happening all over the world. I wanted to point that out because there is a real difference between these pipelines. That is why we see the value of this pipeline. We want it not to be shut down. We know it is important for Canadian jobs, and we know it is important for that transition—