Thank you very much, Mr. Chair.
Mr. O'Regan, in response to a question earlier, you said that you had met with people in the forest industry and wanted to be a champion for the forest industry. I like that wording, but that's going to have to be translated into action.
I see that the budget provides $39.3 million for the investments in forest industry transformation program. This is nonsense, given that we know that the shift to the bioeconomy requires technologies that are very expensive. I have the impression that you are not sending a serious signal to the people in the forest industry.
In fact, I want to point something out to you, Mr. O'Regan. You should know that the majority of forest industry stakeholders do not have access to Canada Economic Development for Quebec Regions programs. If they want to have access, they have to apply to Global Affairs Canada, given the dispute we have with the United States. Yet, it is very rare that they are eligible, so much so that no one applies anymore.
So the only sources of funding that the forest industry players have is what's in front of us today. To me, that's grossly inadequate, when I compare that to the amount of money that you're willing to invest in the emissions reduction fund.
I know you said oil was a predominant component, but isn't there work to be done to adjust the resources that are given to the oil sector compared to the resources that are given to the forestry sector?