Mr. Speaker, today, I rise in this chamber on the unceded territory of the Algonquin Anishinabe people with confidence and conviction to address Canada's unwavering commitment to a more prosperous future, a future we are actively building together. Our collective efforts to advance the biofuel sector are not just about energy; they are about powering our country's economy, strengthening our sovereignty during a time of unjustified tariffs levied by the United States and China, and creating good jobs for Canadians across every region, including in Newfoundland and Labrador.
Let me begin by reaffirming this government's steadfast belief: biofuels are essential to Canada's environmental leadership and economic strength. They are fundamental to lowering emissions while unlocking new opportunities for innovation and growth. Across the country, including in rural and indigenous communities, biofuels are creating new jobs, reducing our carbon footprint and helping Canada meet ambitious environmental and economic goals.
Our government is securing important jobs while also supporting innovation in our energy sector and progress toward more sustainable fuel sources. We are moving forward for our workforce and the future of clean energy in Canada.
Canada is taking bold and decisive action to strengthen our biofuels sector and accelerate investment for the future. We are relaunching and extending the clean fuels fund and stimulating clean fuel production with an additional investment of $776 million from 2025 to 2030.
Through the Canada Infrastructure Bank, we are committing at least $500 million under green infrastructure to develop, expand, and support biofuel production right here at home.
In addition, thanks to the clean fuels regulations, funds will be reinvested each year directly to support Canada's clean fuel producers, giving them certainty and a competitive advantage.
These measures are not being taken in isolation. We are building strong partnerships with provinces, territories, indigenous communities, and industry leaders. Together, we are shaping a sector that is resilient in the face of global competition and responsive to market realities. We are investing in projects that create and open up new opportunities for Canadian ingenuity.
We have seen incredible growth in biofuel production in recent years. Canadian workers and innovators across the country are proving every day that we can be competitive and adaptable world leaders.
To face American tariffs, our government is making Canada an energy superpower in both clean and conventional energy. Newfoundland and Labrador's energy opportunity extends far beyond any one project. To get Canada building, we are working with Newfoundland and Labrador to ensure they can compete and win in the low-carbon economy. This means working together to ensure the further development of Churchill Falls and Gull Island, which were specifically referenced as part of our transformative strategies. We encourage the opposition to think big and support our efforts to build Canada strong.