Thank you, Mr. Chair, and thank you to our witnesses for being here.You made very good presentations, and we got a lot of good information.
Mr. Belzile, I'd like to start with you, please.
In an article in a study you did on the benefits of oil production and development in Quebec, the statement is made that “Even presuming that only a tenth of Quebec's discovered oil reserves are recoverable, this would still represent a resource worth the impressive sum of 400 billion dollars".
I'm wondering how you built up to that number. In the context of the diversification of our market, I would assume that to achieve that big a value you would have to have exports associated with it. It would be a tremendous amount plus what we have in western Canada.
Can you tell us how you developed that benefit, and what the total benefit would be to Quebec? What are some of the multipliers in that?