Madam Speaker, one of the really important things for Canada is to position ourselves right now in response to the climate crisis, but also to the massive investments that Joe Biden is putting into the Inflation Reduction Act. The American president has said that within nine years 67% of all vehicles are going to be EV, which is going to lead to a lot of stranded assets for those who are still betting on oil and gas. We do have this TMX pipeline that has cost us over $30 billion. The total charges on that will go to the taxpayer, who will have to pay for 78% of every barrel of unrefined bitumen.
I want to ask my hon. colleague, given the fact that the U.S., China and Europe are moving so dramatically far in advance on digital and clean technology, why does the government continue to pay for TMX, leaving the threat of serious stranded assets in the oil and gas sector?