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View Sean Fraser Profile
Lib. (NS)
View Sean Fraser Profile
2020-03-10 18:49 [p.1922]
Mr. Speaker, with respect, we maintain that the project remains economically viable, and we intend to eventually divest this project into the private sector. I expect the very likely outcome that it will actually do better than break even and will turn a profit. Based on the economics, despite the recent short-term change to the price per barrel of oil, which is having a serious economic impact on the world economy, this particular project does remain viable.
The hon. member finished his commentary by saying there is a need to take action on climate change. I could not agree more. The fact is we have invested more than any government in the history of Canada toward measures that will actually fight climate change and protect our environment. I could list a few of them.
I look forward to sharing the measures that will be contained in the upcoming federal budget and that hopefully will be implemented in this Parliament. They will position Canada as a world leader in the fight against climate change. Anything less would, quite rightly, fall short of the expectations that Canadians have of our government.
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