Mr. Speaker, the hydrogen industry in Canada is expected to be worth $12 trillion by 2050. It helped create more than 350,000 Canadian jobs, all the while helping us fight climate change. Together with the provinces, Canada's allies, industry and organizations such as the Canadian Hydrogen Association, Canada will succeed from this enormous economic opportunity.
Canada is making strides with the national hydrogen strategy, hydrogen investment tax credits and Bill C-49, the Atlantic accords amendments act. By leveraging our world-class offshore wind resources, we are positioning ourselves as a leading clean energy supplier while boosting our economy and creating thousands of jobs.
This summer, I witnessed a game-changer at Canada's first operational fuel station for class 8 hydrogen trucks. I thank ITD Industries, Walmart Canada and Nikola. They are transforming the trucking industry with lower maintenance and fuel costs, an impressive range of over 800 kilometres and, best of all, zero emissions.
Let us all embrace the hydrogen opportunity. It is a win for both Canada's economy and our environment.