Thank you, Mr. Chair.
My question is to Dr. Raymont.
I thank you very much. For having no preparation time, you gave an excellent presentation.
The oil and gas industry, particularly the oil sands, have been a great economic generator for Canada. We benefit from it in many ways. But there is the problem of the pace of development. In a sense, I'd like to see it grow, but I'd like to see that period of growth go 200 years rather than have those resources expire in too short a period of time.
It does benefit us across the country, there's no doubt. We hate to see our youth leaving for Alberta, but we're happy that they have a place to work in Canada, and we do sell from all across the country into that market.
The problem, other than this pace of development, is the greenhouse gas emissions and the point that you raised about our commercialization of R and D. I don't know if simply changing the tax structure or making it less efficient for investments in the oil sands solves any problem.
How do we in Canada structure so that we do commercialize our R and D and encourage investment in greenhouse gas emissions or new technologies, or remediation in other areas to compensate for this?