00:10:03.900Earlier this year, the head of the IEA said, and I quote,
00:10:07.400Canada has a golden opportunity to become the low-cost, low-risk, low-carbon supplier that the world needs now.
00:10:17.720Today, 90% of Alberta's oil goes to the U.S.
00:10:22.300Pacific Link will materially reduce that dependence by allowing us to export an additional 1 million barrels a day to growing markets in Asia.
00:10:30.680That means more customers, more choice, higher prices for all Canadian energy producers.
00:10:35.880And it means greater long-term security of demand.
00:10:41.260We estimate the Pacific Link will create 140,000 jobs across the country,
00:10:47.580from the engineers who design it, the pipe fitters who lay it, the welders who connect it.
00:10:52.280It will generate over $20 billion in GDP per year and over $100 billion in government revenue by 2060.
00:11:00.880Revenue that will help build the infrastructure in the homes that Albertans and Canadians need,
00:11:05.200protect the social programs that they rely on every day from health care to dental care and
00:11:10.080child care. This is true nation building and it will take a nation to build it because today's
00:11:18.680announcement is part of a series of initiatives. Pacific Link needs a route to the West Coast.
00:11:25.200It needs a new port when it gets there. It needs new conservation measures consistent with the
00:11:30.420higher maritime traffic it will create. And it needs new partnerships with First Nations to build
00:11:37.140shared prosperity, as well as new investments in low emissions technologies to keep Athabasca
00:11:44.260crude competitive over the long term. Canada has a once in a generation opportunity to become a
00:11:50.860global energy superpower. And he's upset that 90% of Alberta's oil goes to the US. Yeah.
00:11:58.300Um, why is it only a once in a generation opportunity?
00:12:02.920I mean, why isn't it the opportunity every, every day?