Mr. Speaker, I commend my colleague on his speech.
Times of crisis are known to bring about rapid change and opportunities for growth. We saw this during the first oil shock in 1973, which led to the rise of more fuel-efficient vehicles, such as the Japanese cars that are still on the roads today. In 1979, the second oil shock left Chrysler and American Motors bankrupt. We are probably going through something similar today. I think that the world is realizing that dependence on oil and instability go hand in hand, and something is going to come out of that.
Does my colleague not think that our comparative advantage lies in processing the resources and critical minerals that we have here?
Should the government's main objective not be to develop this sector and expertise in this area, and then enter into various partnerships, especially with Europe?