Thank you, Madam Chair.
I will direct my questions to the PSP witnesses.
I want to ask about investments in the Canadian energy sector. I know a great emphasis has been placed upon ESG, but we know that here in Canada we have the safest, cleanest and most ethical oil and gas in the world. Significant opportunities have been identified in the energy sector. We know that oil is in a multi-year bull market, and in terms of maximizing profits in what is likely to be at least a four- to six-year bull cycle, there is significant opportunity in terms of Canadian oil and gas.
Among those who have recognized this is Eric Nuttall, who is the senior portfolio manager with Ninepoint Partners. He has said that among the best opportunities in the world are here in Canada. In particular he is most excited about smaller oil and gas companies, given their depressed valuations.
Could the PSP witnesses speak to that?