The information I have is that 68.9% of Canadian companies' mining assets are located abroad.
Mr. Virani talked about the race for critical minerals. Mr. Sheehan talked about the Ring of Fire. We've been talking about the Ring of Fire for 20 years in this country. To the best of my knowledge, there isn't a single shovel in the ground as we speak.
While in Canada, Canadian mining companies have to subscribe to the most rigorous environmental and human rights standards and indigenous consultations. Shouldn't part of this, then, be that we find a way to make Canadian mining companies actually mine here in Canada, to bring the jobs and the contribution to the GDP here and to make it faster to develop and produce here in this country? Wouldn't that be a great first step to helping not only Canada but the world abroad?
Mr. Gauthier, I wonder what your comments are. After that I'd like to hear from anyone else.