Thank you, Mr. Chair, and my thanks to our witnesses.
Mr. Chair, I'm going to touch upon the role of investment, both public and private, and diversification markets, and then touch upon the role of collaboration in market diversification. If you get lost, just stick with me; we're on topic. I think we're all here with the idea of growing the economy in a balanced and sustainable manner, smart growth rather than blind growth.
The bulk of my questions are going to be for you, Ms. Drohan.
I'd like to ask a few questions on private investment in the energy sector. Although the government says that it doesn't pick winners and losers in the market, we've seen that the fossil fuel industry in particular has been subsidized to the tune of $1.3 billion. Yet in the private investment community, we have about 30% of GDP locked up in dead money. My question is about trying to stimulate value added, extracting value, and building value in our energy sector.
How can the government send a market signal to private investors to start putting their money into extracting value and adding value to our resource sector?