Mr. Speaker, the offshore wind industry is expected to attract $1 trillion in investment by 2040. With the passing of Bill C-49, Newfoundland and Labrador is poised to lead the way, just as it did for our oil and gas sector. The Atlantic Accord will now ensure that we are the beneficiaries of our wind resources. That means thousands of jobs and billions of dollars in investment. While Conservatives voted against Bill C-49 every step of the way, we believe in the future of wind.
We understand that the energy market is diversifying. We support a strong and prosperous economy for Newfoundland and Labrador. I will always stand up for Newfoundland and Labrador's future. With Bill C-49, it is looking even brighter.