Thank you very much, Mr. Chair.
Thank you to our witnesses here today, not just for being here today but also for the work you're doing in your respective fields.
I was interested in the conversation that the member opposite was having regarding affordability. I think affordability for Canadians is a very good point, but I don't think it has a lot to do with fossil fuel subsidies. Our government is addressing affordability through a number of programs that we've introduced over the years. One of them is the climate action incentive, which provides a rebate. There are other things, like the Canada child benefit and programs of support for seniors and people who live with disabilities, and most recently, the child care program and dental care.
We can address affordability separately from fossil fuel subsidies. I think they're both important and they both need to be addressed, but I think our discussion today is around subsidies.
I have some questions for Export Development and Madame Lavery.
I really want to go to basics. There are a lot of questions about the definition, and I don't think the exact definition matters as much. If Export Development Canada is providing financial instruments, whether they're loans or guarantees, at market rates—and we are talking about the oil and gas industry, which is a mature and profitable industry—I'm wondering why they need your help. What are the market gaps that exist, and why is it that EDC needs to continue to support that industry?