The good news, Madam MP, is that we already have a lot of the processing in place in Canada. In Sudbury, as an example, we have a fully integrated operation where you have exploration, mining, processing, milling and final products being produced in Canada.
As Mr. Merlini alluded to, what is interesting is that now you have industry that's looking at how we can get into battery-grade materials, where we're shifting an existing production that could be used for interesting applications into the EV battery material market.
With provinces such as Ontario and Quebec, as we heard from the testimony of Minister Rickford and Ms. Méthot representing the Quebec Mining Association, there is a lot of excitement going around regarding the midstream, as well as OEM announcements on the downstream.
If you look at it in terms of a giant set of ingredients for baking a cake, Canada is attracting that because of its stable jurisdictions, its financial markets, its access to capital and its predictability in its regulatory and legislative regimes provincially, as well as federally. This already offers a lot of comfort and incentive for major tier one investors—both domestic and international—to look at Canada as a very attractive jurisdiction.
What has been reiterated by our fellow panellists is that we have to dot the i's and cross the t's to make sure that we have a coordinated approach to get that supply chain anchored and working in a very coordinated way throughout government, as well as industry, academics and associations. That way, we can sit around the same table and figure out what the problems are that we need to solve communally, as well as the opportunities that we can seize together. Having that whole-of-government approach at federal, provincial and local levels will even accelerate the attractiveness of a jurisdiction like Canada.