Madam Speaker, as I said in my previous remarks, our government has always supported Keystone XL because we know that this project will increase our access to markets in a safe, responsible and sustainable way. In fact, this project was discussed in the first phone call between the Prime Minister and U.S. President-elect Joe Biden.
Our government will continue to advocate for this project because we know that it has significant economic advantages, will create thousands of jobs in several states and will enhance North America's long-term energy security. It will also contribute to the strongest energy relationship in the world. We know that we can strike a balance between economic prosperity and the environment in the transition to a low-carbon future.
We understand the importance of striking this balance, so much so that we recently introduced in Parliament a Canadian net-zero emissions accountability bill. We know that our government's efforts to fight climate change, put a price on pollution and make investments that help our energy sector become more sustainable only strengthen the arguments in support of this bill.
Of the major suppliers of oil to the United States, Canada is one of the few with a price on carbon and a goal to achieve net zero by 2050. Our government has also strengthened its approach to meaningful consultation and acknowledging the importance of partnerships in natural resource projects in Canada.
Rightly, Canada has moved away from developing solutions for indigenous communities to collaborating and partnering with them, because we understand that working with indigenous peoples to find solutions will lead to better economic, social and environmental outcomes.
Our government's track record of doing the hard work necessary to ensure that major projects go forward the right way every step of the way is clear. Just look at the Trans Mountain expansion project. When the project was in jeopardy, we stepped up and did what was necessary to ensure construction. Construction is now well underway with approximately 4,900 jobs, and they are working on terminals, pump stations and installing pipe from Edmonton to Burnaby. That is nearly 5,000 jobs and more are to come. We are also continuing to engage with indigenous groups on the project, including exploring opportunities for economic participation and on the implementation of measures to address impacts on rights and other concerns.
Our government believes in a competitive and sustainable natural resource sector, and that good projects must go ahead with the full confidence of Canadians. Keystone XL is no different. To this point, the project has received all major approvals in both Canada and the United States. Projects like Keystone XL are necessary to ensure North American energy security during a highly uncertain time for global energy markets. Our government's efforts and support for this project has been and will continue to be unwavering.
As I mentioned at the beginning of my remarks, the Prime Minister raised the importance of this project with the president-elect at his first opportunity. That shows how much of a priority this is for our government. We look forward to construction moving forward, and we will continue to advocate for this project with President-elect Biden at every opportunity.