Mr. Speaker, I will start by noting that the importation of oil is at half the level now than it was under Stephen Harper, so maybe he wants to check some of his facts.
A cap on oil and gas production is about reducing emissions in line with what science tells us we must, but doing so in a manner that will enhance the economic competitiveness of the sector while ensuring that we are decarbonizing the industry such that the barrels of oil and natural gas that Canada will sell to the world will have the lowest carbon content in barrels of gas.
I would point to the successes recently of an $11.5-billion Dow facility, a net-zero petrochemical facility in Alberta and many others.