Industry committee  I agree with you, Mr. Amos. That's precisely it. Because no one is excluded, everyone is included. Eight billion dollars for everyone is just a start.

Industry committee  Thank you very much, Madam Chair. Good morning, ladies and gentlemen members of the committee. Thank you for inviting me to contribute to your discussion on the green economic recovery from the COVID-19 pandemic. My name is Jean-François Samray, and I am president and chief e

Natural Resources committee  Mr. Chair, if you will allow me, I will answer the question.

Natural Resources committee  I think I was quite clear and that my fellow witnesses were in the same place. We need some financial support to bring this to the market and some clear regulations to facilitate getting capital from the market. These are the two things that will give us the proper pace with rega

Natural Resources committee  I think that would be in everyone's interest. I gave Finland and UPM as an example. They consolidated a sector that was already in place and was needed in order to build more wooden buildings. The wood used in that construction is carbon negative. The best way to protect indust

Natural Resources committee  Looking at what is being done elsewhere can sometimes provide good ideas. For example, you can consult the financial information from the UPM paper mill in Finland. The mill was going through some difficulties and the government supported it in research and development. Biofuels

Natural Resources committee  That one is for you, Mr. Kumar.

Natural Resources committee  I feel that it can mean a lot. First, Quebec, like a number of other regions in Canada, has access to green electricity. The regions that do not have that access are beginning to get it. The cost of solar and wind energy is also now clearly lower than the energy produced by coal-

Natural Resources committee  When we analyze a company's record, we see its view of the future in its research and development expenditures. At the forest industry council, we applaud when we see $35 million over two years set aside for the program called investments in forest industry transformation, or IF

Natural Resources committee  Okay. Fourth, the hydrogen strategy—especially green hydrogen—can be an outstanding solution because the CO2 still emitted by paper mills can be used with green hydrogen to make methanol, biodiesel or any other form of fuel. That really would be a winning formula for Canada. I

Natural Resources committee  Thank you, Mr. Chair. My name is Jean-François Samray. I am the president and chief executive officer of the Quebec Forest Industry Council, the QFIC. On behalf of the QFIC, I thank you for giving me the opportunity to have this discussion with you as part of your work on low-c

Natural Resources committee  Yes, go ahead.

Natural Resources committee  Is it okay now?

Natural Resources committee  Okay. The QFIC represents the interests of companies working with softwood and hardwood lumber, plywood, pulp, paper, cardboard and panels, of engineered lumber manufacturers, and of the goods and services companies that support them. With our foundation on the expertise of our

Natural Resources committee  It's been my pleasure. Feel free to contact us if you have further questions. Thank you.