Thank you, Mr. Chair.
Mr. Christie, I recall the testimony of the Parliamentary Budget Officer. He appeared before the committee to tell us that, in his opinion, the Trans Mountain infrastructure would hardly be profitable over a 40‑year period. We know that, even today, we're all forced to subsidize this infrastructure. The industry isn't paying the price that it should for the use of this infrastructure.
I'm wondering about the fluctuations in oil prices. We know that oil prices are quite high owing to the geopolitical situation. However, electrification is making headway, particularly in China, a major consumer of gas and oil. China wants to significantly reduce its gas consumption, not because the country is nicer than the others, but because this approach provides a strategic advantage. I'm guessing that this will affect the price in about 10 or 15 years. I'm also guessing that, like the proponents of this infrastructure, the Canada Energy Regulator figures that this infrastructure may not be profitable over a 40‑year period.
Do you have any data on this?