Thank you, Mr. Chair.
I want to ask a question of all three witnesses. I really appreciate the time that everybody has spent to detail some of the respective requests that are in for pre-budget right now, especially on how dedicating financial resources could spur innovation, whether that's shovel-ready projects, research or demonstration projects.
I was hoping to take a bit of a different tack with my first question and just mention that policies such as the clean fuel standard, which require emissions intensity reductions in refineries, at the same time create opportunities and more sustainable energy products. Our plan to ban single-use plastics creates opportunities in the development of biodegradable, recyclable or reusable alternatives.
On this line of thinking, I was hoping that you could speak a bit to the role you see regulations playing in encouraging innovation in the forestry sector and in the bioeconomy. This is a question for each of the three witnesses, please.