Thank you, Mr. Chair.
My question is to Mr. Holmes. I'm going to pick up on what my colleague Mr. McKenzie was talking about at the end of his question. Japan is a massive importer of crude petroleum, having taken about $80.4 billion in 2023. Of its imports, 94% came from four Persian Gulf states: Saudi Arabia, Qatar, Kuwait and the UAE. For obvious reasons there is a gap in these imports, which I think could be filled by Canada.
What do you think a new pipeline would mean to Canada's GDP if we opened up more capacity to the Pacific Rim?