Mr. Speaker, Canada is in a trade war, one we did not ask for, but one which we must win. In a moment like this, we need to be united and focused on building our country up. We should not be playing partisan Conservative games. Canadians expect more from the House, and we are delivering for Canadians. That is why the federal government and Premier Smith signed and support the full memorandum of understanding.
The Conservative motion yesterday cherry-picked parts of the MOU, ignoring crucial parts of the agreement in an attempt to score cheap political points. I encourage the Conservative member to read the entire MOU. The Conservatives excluded from their motion that Alberta signed up to increase its industrial carbon price from a current effective price of around $25 to a minimum of $130. A report from Clean Prosperity says this measure could unlock over $90 billion of investment in clean energy and clean technology.
The Conservatives also excluded the Pathways project from their motion, a crucial carbon capture and storage project representing over $16 billion of investment in Alberta's clean technology sector, which is expected to create over 18,000 jobs for Albertans. The Conservatives excluded from their motion the importance of trilateral discussions with the Government of British Columbia, and that the MOU requires close alignment between Alberta and British Columbia on shared benefits.
Endorsing the Conservative approach of omitting parts of the MOU does not bring a pipeline closer. In fact, by ignoring the importance of indigenous co-ownership, engagement with the British Columbia government, the need for a private sector proponent and decarbonization efforts, the Conservatives are showing that they do not support the MOU signed by Premier Smith. The Conservatives are playing a game of pretending their motion can substitute for a real project proposal, real financing and the work needed to get a project built.
If the Conservatives were serious, they would have moved a motion with the full text of the MOU, including industrial carbon pricing, interties, nuclear, AI, engagement with B.C., consultation with indigenous peoples and indigenous co-ownership. While the Premier of Alberta says that industrial carbon pricing is necessary to stimulate investment in the emissions reduction technology needed to make Canada an energy superpower, federal Conservatives say they disagree with Alberta and continue to undermine industrial carbon pricing.
By refusing to support all elements of this MOU, including industrial carbon pricing, Conservatives are demonstrating that they disagree with Premier Smith and that they oppose the policies needed to grow Canada's economy while fighting climate change.