Mr. Speaker, the Financial Times reports that LNG flows from the gulf could be disrupted within days with a glut of demand, a European fuel shortage, Beijing's control over rare earth minerals and Russia's leverage over energy.
The world is now scrambling for everything Canada has. Alberta's 158 billion barrels of oil and enough natural gas to power the world for 200 years is landlocked. KXL, energy east and northern gateway with $55 billion in growth are gone; $11 billion a year from LNG alone is gone; while $670 billion in projects and generational jobs is gone. Imagine a country this vast in resources, yet half of its people live paycheque to paycheque.
We should not be strengthening Beijing's new world order. We should be replacing it instead with one underpinned by Canadian resources.
We do not need bureaucracy; we need projects. We do not need platitudes; we need decisions. We do not need middling thinking; we need the strength and ambition of a major power right now.
