Mr. Speaker, with rising oil prices, Canada should be well positioned to supply energy to ourselves and our allies.
However, a decade of Liberal policies has chased away investment and production. Despite the rhetoric, the Prime Minister has not approved a single new pipeline to tidewater, and the Major Projects Office has not approved a single project. Now another $8-billion project has been put on hold, citing the Liberal industrial carbon tax and regulatory barriers.
Canadian consumers used to have some protection when oil prices went up because our dollar did too, but today we produce less oil, and that protection is gone. Canada has the resources to supply our allies and strengthen our economy. Why will the Prime Minister not get out of the way so we can fuel our allies and power paycheques at home?