I said earlier that infrastructure and investment are two separate things.
Earlier, Mr. Simard was talking about the valley of death in a feasibility study, but I'd say that it comes well before that. During the exploration phase, certain programs offer support. We're very familiar with some in Quebec that have come to define, or at least identify, a potential deposit.
However, when it gets to the project phase, which requires much more in-depth studies, that's when exploration programs are a little less available. Indeed, we've just moved on to another stage. In addition, large institutions often wait for companies to have a pre-feasibility study, or even a feasibility study.
This stage depends on the companies that have a project defined in the current context, in terms of critical and strategic minerals, and that have to support those studies themselves by seeking capital from investors.
It's important, then, to see how the government could get involved much further upstream instead of just waiting for the project to be defined by pre-feasibility and feasibility studies, since that's where everything starts. In a preliminary economic study, that's where the draft is supposed to be. Although it isn't necessarily very defined—we know that the level of engineering isn't necessarily as extensive as in a feasibility study—it must, at the very least, be aligned with the current context and the environment in which it is located.
For that, there needs to be studies and financial support, if not a share of responsibility at the very least.
