Thank you, Ms. Waridel.
For the Pontiac region, I believe the important factors are diversification and the development of new products. As I mentioned, the budget proposes an investment of $55 million in the IFIT program. That is clearly insufficient, given the popularity of the program. There are a huge number of applications. Some projects have been recommended but, once three or four projects have been approved, there is no longer enough money.
You mentioned an investment of $8 billion. That is a good investment. However, the investment is $8 billion for the entire economy. Let me use an image: it is as if someone invited everyone in the neighbourhood to his house, once the pandemic is over, and said that he'd be buying the beer for everyone. But he puts only one case of 24 on the table.
What I mean by that is that $8 billion is a good start, but more investments will be needed. You have to count on the conversions and to conduct lifecycle analyses. There have to be jobs and employees have to be converted to them. In my opinion, that is critical. We must ensure that the products developed give us an advantage.
You just have to look at what the governments in Finland and Sweden have done for the paper mills controlled by Stora Enso and UPM. Why are those companies now leaders? Because the government was there for them.