To summarize in my own words, this infrastructure does not pay for itself in the long term.
I'll take you in a different direction, gentlemen, but maybe we can come back to this.
In both of your presentations, you said that, in a way, we were captive to the U.S. market, and that's a major problem or stumbling block for Canadian oil production.
However, there's one thing I'd like to understand. When I look at the ownership structure of the biggest players in the oil sector, I realize that they are mostly American-owned. What interest would oil-producing companies, especially those with an American ownership structure, have in diversifying their market? I think that it's perfectly natural for them to send their oil to American refineries.
Isn't there something incongruous about this, given that the entire ownership structure of the major players in the oil sector is American? Are we going to force them to export to other markets? In and of itself, it's already a problem to know that the major players in Canada's oil sector are mainly owned by American interests. Does that not concern you?
