Natural Resources committee  Our role as FPInnovations is basically providing science and facts to support decision-makers, designers, and architects, and so on in terms of what they're going to do. We don't get into the policy and the amendments as such. I think I'll leave that to you, the experts, to do that.

Natural Resources committee  Thank you, Mr. Chair, and members, for the invitation to present as a witness to this group. Our organization has presented a few times on other topics. We want to maintain our role as being kind of a third party, factual and science-based organization. I believe everybody has a copy, French and English, of the brief.

Natural Resources committee  Actually, he'll start first.

Natural Resources committee  If I may add on the de-risking, I think you're putting your finger on exactly some of the right issues and where additional funding will be needed. We need to realize that when we look at investment and de-risking, we need to look at the process, and the products, and we need to de-risk the market as well.

Natural Resources committee  The market, unfortunately—

Natural Resources committee  That's it exactly—and fast-tracking the process.

Natural Resources committee  It's one tonne of CO2. Basically, on average, every time you use a cubic metre of wood in a building, it sequesters one tonne of CO2 overall. We're doing various studies for various provinces and we figure that sequestration of CO2 in buildings, in wood, is one of the best kinds of return on investment, if you will, in terms of the value you can get in reducing CO2 emissions.

Natural Resources committee  If I may add something here, you talk about the role of technology and innovation in transformation. Basically transformation takes time and energy and investment for the long term. It's important to recognize that, in the past, we were pushing technology and now we're trying to be more mindful of the market and understand how those new materials and products will be used in the marketplace and where there is the most potential for growth for those materials.