Yes, Mr. Chair. I'm happy to start on this one.
NRCan is in the midst of developing a CCUS strategy for Canada that was foreshadowed last year. In budget 2021, we received $319 million to address some of the RD and D challenges related to CCUS, including bringing down the cost and broadening the application to technology. We know that it has had a major impact on reasserting Canada's global leadership in the CCUS space. As you said, we have a 20-year head start vis-à-vis most countries, with one of the world's first projects being initiated in Weyburn-Midale in 2000.
The NRCan work on the strategy is a cross-departmental effort. As you've heard from some of my colleagues, the net-zero accelerator, the Canada Infrastructure Bank, which was given new authorities to deal with CCUS in the most recent budget, and other funding programs can also contribute to this.
