Thank you, Chair.
Thank you, Minister, for being here.
I think it's great that we're moving this forward. It's always nice when we can agree, at least a little bit, in this place. I appreciate your being here on this.
I want to speak to some of the comments we heard from witnesses in the last meeting, Minister. It's clear that the infrastructure institute, this idea of monetization and the ideas set out in Bill C-45 have been on your department's radar for quite some time. If I'm not mistaken, the institute itself has been part of the departmental plan since 2020.
Obviously, we're all happy to see this moving forward, but I'm wondering if you can shed some light on what happened since 2020 and why it's taken so long for us to get to this point.