Thank you, Chair.
Thank you to our range of witnesses. This has been a really broad discussion. I'm interested in a bunch of different angles.
First, to our friends at FPInnovations, we have a project proposal in our region around the conversion of woody biomass into sugars for industrial and other uses. It's very exciting technology. I had the opportunity to go to PaperWeek in Quebec and learn more and more about this. I'm personally very excited by the future that you're presenting to us.
I am looking for a brief answer on whether or not you foresee a near-term future where projects like this can be done without massive government subsidies. I understand that these are exciting projects. I would love them to land in my region. I'm sure many other MPs would as well. But when tens and sometimes hundreds of millions of dollars of public funds are in question, it can be very challenging. Taxpayers rightly ask tough questions.
How do we get to the point where we can start really taking advantage of our biomass without asking the taxpayer to do so much work?