Thank you, Mr. Chair.
I find these discussions very interesting. I've long wanted to hear someone say that infrastructure is not profitable simply through its use. Mr. Johnston, I don't think I'm putting words in your mouth, since that's what you said. It seems to me that one of the fundamental principles of capitalism is to invest one's money in something that's profitable.
For a long time, I've had the impression that the reason oil and gas companies don't want to invest in infrastructure is that it's not profitable for them. Without public money, it's not profitable. That's my understanding of the Trans Mountain pipeline. People are not paying the true cost of use. We fund it collectively to the tune of $7 per barrel. If I understand what you meant earlier, without public money, no oil and gas infrastructure will be built.
Is that what I understand from your last exchange with my colleague, Mr. Johnston?