Thank you, Mr. Chair. It's great to see you again.
Welcome to all of my colleagues and to the witnesses.
I'd like to go to Mr. Moffet.
In the last paragraph of your remarks, you reference budget 2023's commitment to improve the efficiency of the federal impact assessment and permitting process for major projects in Canada, which I think is critical for us on the EV supply chain—just to give you an example—or even to move online with further nuclear projects in the province of Ontario and the ones that were announced. I'm not going to go into too much detail there because that would take a long time.
Europe and the United States have both made announcements within, I would say, the last six months to a year on speeding up the processes with regard to permitting, on both the renewable front and the non-renewable front.
Can you give some indication on the $1 billion that we put into the budget to make sure the Impact Assessment Agency is even more effective than it currently is today?