Thank you, Chair.
Thank you to everyone for being here.
An issue that I want to focus on today is related to the strategic innovation fund. I have some questions about how this program works. I noted in my constituency that there was a significant investment in Kuwait's Petrochemical Industries Company and Pembina Pipeline Corporation's joint polypropylene plant venture, which represented about 1% of the total capital cost of the project.
I'm going through other projects that are listed under the announced projects list on the strategic innovation fund, and I note that the average investment on the projects is in the 25% to 50% range of the project.
When making decisions on these matters, when some projects are getting 1% funding and other projects are getting 25% to 50% of the total project cost funded through SIF, is the department taking into account the feasibility that these projects will be able to pay back those loan funds over 15 years, or is it just accepted that many of these companies won't be able to ever repay the funds that they are loaned by the government?