Mr. Speaker, by putting a price on pollution right across the country that puts more money in the pockets of families in jurisdictions where it applies, we are sending clear price signals to industry and to the private sector that they have to invest more in decarbonization. This is something we are focusing on, ensuring that these record profits from the oil and gas industry go into investing in decarbonization, go into CCUS technology to decarbonize, and are invested in better opportunities and jobs for the future while we fight climate change across the country.
In the House of Commons on November 2nd, 2022. See this statement in context.