Thank you, Mr. Chair.
Thanks to our three witnesses for their great presentations.
What I've heard from the three witnesses as we've talked about the long term is that the number one issue with the volatility is the low oil pricing. That's the number one issue that's affecting the oil industry. If I heard you correctly, we have an opportunity to get this right. I want to talk a bit or ask questions about the innovation agenda and the consultation.
First, Mr. Reynish, can you speak to our government's plan to invest in innovation and help resource natural development increase the sustainability of the pricing practices?