Natural Resources committee  In Canada, oil companies are making investments to reduce their emissions. Over the past 10 years, we have reduced our emissions by 33% in the natural gas sector and by 8% and 14% in the oil sector. We continue to make investments and to work with—

Natural Resources committee  I can't comment further than what I have already said.

Natural Resources committee  I will ensure that I endeavour—

Natural Resources committee  Thank you.

Natural Resources committee  Our members pay taxes. There have been issues....

Natural Resources committee  I know that the provinces, companies and municipalities are in discussion about what is a fair share and what is a correct price. The discussions are ongoing.

Natural Resources committee  When there is a demand, yes.

Natural Resources committee  The global demand for oil is currently growing, but there is also an interest in reducing the demand and in net-zero emissions. Our members are working toward that. They would not be investing in something that would lose them money.

Natural Resources committee  To meet reduction targets right now, support would be needed because we are going beyond what is profitable and are coming up against international competition.

Natural Resources committee  Yes.

Natural Resources committee  If we compare our producers with producers from other countries, such as Norway or the United States, which are launching major carbon capture projects to produce net-zero oil, the percentages are comparable. Norway provides a subsidy equal to 75% of costs instead of giving a tax

Natural Resources committee  As long as there is a demand for energy, oil or natural gas on the planet, Canada will want to provide some. We want to do it in a way that would increasingly reduce greenhouse gas emissions so as to achieve net-zero emissions to—

Natural Resources committee  Mr. Simard, all sectors in Canada will need help to reach a high level of reduction, and ambitions—

Natural Resources committee  Those figures are wrong. I can send you a submission we made on subsidies.

Natural Resources committee  It's many thousands, both in terms of the facility itself and the Coastal GasLink pipeline, which is still being constructed, which will supply that facility with energy. Given global demand, there's a lot of interest in seeing how to maybe expand that project.