Thank you, Mr. Chairman.
Thank you, everybody.
We've heard a bit of discussion around product diversification versus market diversification. I represent the Yukon and we have some smaller demonstration projects going on with geothermal, wind, and hydroelectric energy. We have LNG projects that are being explored right now. It raises a question that I have, and maybe I'll just run through the panel here and you can give me your thoughts on it.
Are we in a position where we can make the decision? It may not be this simple, but do we diversify the market first and then try to expose the people we create relationships with in diversified markets to the other technologies or products that we have? Or is there a suggestion that we would diversify our product first and then highlight the wonderful benefits of a broad range of products and then go shopping for a market? The reason I ask that is we've heard a bit of testimony in the past that there is a bit of a race going on in the energy market now, and the first one to complete projects will settle on those long-term contracts and that we run a risk of losing out there. You can probably see what I'm driving at. If we spend a lot of time trying to diversity a whole bunch of things that can be labour-intensive and very costly with infrastructure—and here we've heard a bit about the human capacity challenges involved—are we going to lose that opportunity and lose our markets while we're trying to develop that? Are we better just to solidify the market we now have and then try to grow a relationship of other products? Perhaps you could comment on that and add to it as you see fit.
We'll start with Mr. Willis and work our way down the line.