I want to thank the member from Carleton for that important question.

Time and again, the only thing we ever hear from members opposite is no. What they fail to realize is that reducing red tape is about the impact these changes are having on real people and businesses across our great province—changes like helping businesses embrace new technologies like carbon capture and storage. Reducing red tape on these projects will unleash innovation, and it will create hundreds of millions of dollars in new investments right across our great province.

While our government knows there is a tremendous economic and environmental potential for carbon storage, the opposition wants to keep the red tape barriers in place. Mr. Speaker, we are never going to let that happen. Our government will never stop fighting for a better future for Ontarians and make sure our province is prosperous.

I also want to point out that I’ve yet to receive a single idea from any of the members opposite. They don’t even have a critic responsible for red tape reduction. While this is disappointing, it is not unexpected. That’s because, as we all know, the Liberals, supported by the NDP, came up with the highest burden the province had in the country.

However, since 2018, our government has taken strong action to cut Ontario’s regulatory burden by over 16,000 regulatory compliance requirements, which helps businesses big or small with, on average, $700 million annually.