Thank you, Chair.
I would also like to thank our witnesses for appearing before us today.
I am from Quebec, and the oil industry, when it is working at full capacity—as we saw when the price of a barrel of oil went up to $145 or $150—is one that causes economic hardship for Quebec, a province that depends on its manufacturing industry.
Quebec relies very heavily on electricity. The point should be made that the oil companies enjoy tax benefits that are unique to them, such as the accelerated cost allowance and income tax reductions.
My question is to Mr. Leach.
Do you agree that the oil companies get more advantages than companies that produce electricity or other types of energy?