Thank you, Mr. Chair.
Good morning, Minister, and thank you for coming. I'd like to thank the other witnesses as well.
I'll begin with a question related to a study that the committee is about to undertake. In the investigations carried out by Fisheries and Oceans on the controlling agreements, it found in 2022 that over 30% of the licences did not meet the regulatory requirements.
How can the department quickly and effectively deal with the problem and plan the required funding before private investors and vertically integrated corporations get their hands on our strategic natural resources?