Mr. Speaker, I remember when the Atlantic accord came about. It came about because of the good work of prime ministers like Brian Mulroney, excellent politicians like Pat Carney and, of course, the indomitable John Crosbie. One of the things that the Atlantic accord fundamentally does is acknowledge the jurisdictions of the provinces and the federal government. It clearly lays out a stable regime to attract investment, and it worked.
We created, in the past 25 or 30 years, an offshore industry in my province that is now responsible for the majority of its revenue. This is so important. The Atlantic accord is held up with the Charter of Rights and Freedoms. It is a document of prosperity where I come from. Now, we want to move the same regime that respects the jurisdictions of the provinces and of the federal government, rightly, and we want to apply it to an industry that is already attracting billions of dollars for offshore wind and hydrogen.
The same workers who work proudly in our oil and gas industry in the Newfoundland offshore are moving to these jobs as well. It is an extraordinary opportunity. Why would one be against it?