Mr. Speaker, the member is quite correct that the Conservatives did not buy a pipeline. When we were in government, the private sector was lining up to build pipelines in every direction in this country.
It is the Liberals who had such a convoluted bunch of red tape, rules and regulations that it drove private sector investments away. He is quite correct that the Conservatives have never bought a pipeline. We did not have to. The government now says that there is no proponent for this pipeline. Of course there is no proponent for this pipeline. It has driven them all out of the country. It created a business environment that does not allow for certainty. These investments are billions and billions of dollars over decades. When there is a prime minister like Justin Trudeau, who will rip up a signed deal, it sends the message to invest elsewhere.