Madam Speaker, it is always good to see my hon. colleague. He is a workhorse here in the House, but I must say that I think he has been sorely misled on this matter.
The only ideas the Liberals think make successful projects when it comes to oil and gas are ones they stretch out over 10 years, regulate and strangle to death, and pump billions of dollars of taxpayer funds into, without really incorporating the private sector because the private sector has long left the scene. The private sector realizes that Canada is not a secure place in which to invest for energy purposes under the current regime. It wants stability and predictability. We believe on this side of the House that government needs to get out of the way, stop over-regulating and allow the private sector to come in and do what it does best.
Let us partner with the private sector. The Conservatives have done that in the past, four times under a previous administration, and we built four pipelines.