Thank you, Mr. Chair.
And thank you very much for attending today. Congratulations.
I'm interested, in regard to balancing the budget, since of course, as you know, we've undertaken to do that during our mandate.
We had the governor here previously. I didn't get a chance to ask him a question during committee, but I did immediately after. I asked him what the impact on productivity in Canada would be if pipeline capacity were able to meet the current demand. In other words, if we didn't have to discount our oil by $30 million to $50 million a day, what would be the impact on our economy?
In particular, based on your analysis, what would be the impact on the economy if we added that?
That's somewhere in the neighbourhood of $18 billion per year that is simply not going into the Canadian economy because of pipeline constraints. I know you're well familiar with the file, and I'd like you to comment on it—if that weren't the case, if we did not have to discount our oil to the United States.