Mr. Speaker, this is the way the G7 oil reserve works: If a nation is an importer, it has to have an oil reserve. If a nation is an exporter, which Canada is under this government, if it has record exports, which Canada does under this government, that is how it supplies the world.
I salute the work of the Minister of Natural Resources and the Minister of Finance, who, working with G7 counterparts, confirmed with my G7 leader counterparts today the release of 400 million barrels from that strategic reserve.