Thank you, Mr. Chair.
Welcome, Mr. Minister. I add my congratulations to your appointment. It's exciting. I have high hopes for you in this role. I have high hopes because I know that you understand how important it is to diversify our energy economy.
You talked in your opening about the need to diversify our energy markets, noting that really our market is the U.S. You talked about the need to diversify there. But I want to talk about diversifying our energy economy, our energy sector. What is the plan to diversify our energy sector? When I look at the estimates, I see a decrease of over $100 million for the clean energy fund, a decrease of about $31 million for ecoENERGY biofuels, a decrease of $25 million for the grants to Sustainable Development Technology Canada for biofuels, and no return of the ecoENERGY retrofit, as my colleague Ms. Duncan points out.
I don't see a commitment to ensuring that our energy portfolio is diversified, I see that all our eggs are in one basket. I'm hoping you can share some good news with me.