Natural Resources committee Thank you so much for actually raising that question. It is very important, because if we don't build the pipeline capacity, oil going to be transported and it will be transported by rail. We have at least seen more oil being shipped by rail, putting pressure on other commodities
Natural Resources committee It is, absolutely. Investing in a green economy—in wind, solar, tidal, and geothermal, all of which we are doing—supports and creates green jobs. Those allow us to actually have a better energy mix. Oil and gas will continue to be our energy mix for decades to come, but as we tra
Natural Resources committee Through you, Mr. Chair, we are investing today. We are investing $28 billion in public transit over the next 10 years, and that started in 2016.
Natural Resources committee We are investing $9 billion in green infrastructure, also starting in 2016. We have put a price on pollution that is actually reducing emissions; you have seen that in British Columbia. We are bringing in better fuel standards. I was in my province supporting a solar farm, where
Natural Resources committee Alberta is my home, so I am home.
Natural Resources committee With due respect, your understanding is completely wrong. With the utmost respect for you, MP Stubbs, what you were suggesting would have actually gotten us into trouble, because when the Federal Court made the decision in August of 2018, they quashed the decision. There was no p
Natural Resources committee They went to their shareholders.
Natural Resources committee Now, as long as government owns it, they will remain with the government, so Canadians will benefit from those profits.
Natural Resources committee That is the goal. The half billion dollars that government will earn in additional tax revenue and corporate revenue will go into a green fund to accelerate our investments into a clean and green economy.
Natural Resources committee There are 156 conditions by the NEB, and there were 16 recommendations made by the NEB that we have adopted that allow us to deal with the cumulative impact of the project. If I may say so, I think it's very important, Mr. Chair, to note that what MP Stubbs was suggesting would
Natural Resources committee I think one of the fundamental differences is how we engaged with the communities, and also how we responded to their concerns. There are more accommodations offered in this than ever was done in the past. We're actually dealing with the cumulative impacts of development. We are
Natural Resources committee As far as the offsets for the emissions are concerned, that was part of the NEB conditions that were imposed earlier on and part of the commitments the company has made. As far as permits are concerned, there is a process to get those permits issued. NEB is going to work with t
Natural Resources committee Mr. Chair, for large projects such as this, there are always municipal, provincial and federal permits required, and there's a process in place to get those—
Natural Resources committee Mr. Chair, what the honourable member is saying would have been devastating for this project. The member is suggesting that we should have approved permits prior to having approval—