Thank you, Mr. Chair.
Thank you, Minister.
As you might have guessed, I had many questions for you about softwood lumber, but my fellow members, Mr. Harvey and Mr. Cannings, beat me to it.
Minister, in Budget 2017, the Government of Canada extended the 15% mineral exploration tax credit for an additional year, until March 31, 2018. That was one of the committee's recommendations on Canada's mining industry.
Minister, given that the credit reduces the tax burden on mining companies and that, in 2015 alone, more than 200 companies issued eligible flow-through shares, can you tell us how extending it will promote further mineral exploration? How will it encourage job growth in the mining sector?