Mr. Speaker, buying the 65-year old Trans Mountain pipeline from Kinder Morgan shows the kind of brilliant business acumen of buying up all of Blockbuster’s assets while Netflix takes off. I am wondering when we will see the contract of sale. We know there are apparently 121 pages of fine legalese that could help us stop the sale before its closing in August. When will the contract be made public?
Jim Carr – Minister of Natural Resources
Mr. Speaker, the Trans Mountain expansion project has significant commercial value. This transaction represents a sound investment opportunity for Canada. With that said, the transaction to purchase these assets will close later this summer and we will make more information available, as appropriate.
Also, the hon. member knows that we have invested $100 million in smart grids, $182 million in energy efficiency buildings, another $182 million in electric vehicles, and $2 billion in a low-carbon fund. The list goes on and on.