Thank you very much, Mr. Chair.
Thank you to our witnesses for being here. This continues the pretty impressive group of people we've had providing testimony to this committee. We can't do the job without people like you who are willing to give up their time to be here and share their experiences and knowledge with us. We really appreciate that.
Ms. Flood, I want to talk to you briefly. I appreciate that you brought up Fort McMurray. I think we'd be remiss if we didn't thank you, Suncor, and some of the other energy companies around Fort McMurray that operate in northern Alberta. We certainly would have had a much bigger humanitarian disaster if it weren't for companies like Suncor that stepped in immediately and helped a lot of the residents of Fort McMurray with escaping the fire but also with the recovery. I just want to put that on the record and want to thank you for all the work that Suncor has done in that regard.
My riding is Foothills, which is in southwest Alberta. I would say a large chunk of my residents work in the oil sands in one respect or another.
You were talking about your market cap being around $65 billion, and you invest about $200 million in technology and innovation each year. That's probably a couple of per cent of what your value is. Does that fluctuate? We know we're in a recession, a downturn, right now. Does that impact the amount of money that you're investing in innovation and technology? If your goal and your focus are to reduce GHGs and to find different ways to improve extraction technologies, are there opportunities to invest further, to commit more of Suncor's funding toward those things?