Natural Resources committee  The first company you're talking about is my telecommunications company. That's telMAX. TelMAX has been the fastest high speed in Canada for the last two years. I raised the money from a Nova Infrastructure fund and from the Robinson family in the U.S. Nova Infrastructure is a $1

Natural Resources committee  Yes. Thank you. I'm at the end. All I'm saying is that we need these investments to be able to let the businesses grow. It's a non-partisan benefit to everybody. Thank you.

Natural Resources committee  Thank you very much. I'm encouraged by what I hear so far in the panel. Honourable members, my name is Zsombor Burany, and I am coming to you as a patriotic Canadian who has been forced to accept funding from sources based in the U.S. and Europe for several very large projects.

Environment committee  It's not that hard. I would allow the Infrastructure Bank to fund between 75% and 100% of projects. I would allow the infrastructure funds to provide a 0% loan for 20 years, and I would allow them to adjust the payback rates to zero for that period of time. A lot of these proje

Environment committee  Yes, I will share that with you. I can also tell you that the Federal Reserve in the U.S. directly backs $20 billion of that fund through gold reserves.

Environment committee  I think it's critical. You need the investment environment, and you also need to establish a leadership role in the regulatory process. Once you've established the path for that, you will see an influx of innovators, not an exit of innovators.

Environment committee  Yes. The problem is that the type of technology we're doing isn't a commercial technology. Right now, it's primarily research. After the research, there will be commercialization. With commercialization, we'd be getting carbon credits. It doesn't fit neatly into the box you need

Environment committee  It's just not flexible; that's the problem. They pass down mandates that have a very specific path to follow, and if you're just outside of it by one inch, you don't qualify.

Environment committee  I think you could change the problem overnight by just restructuring the Infrastructure Bank. I've had a lot of experience with these guys. They're great guys; there's nothing wrong with them. The problem is that they cannot change the way they do their lending because of the pol

Environment committee  We didn't qualify.

Environment committee  ONC, ironically, is working on many of the same initiatives we're doing, but our focus is bringing them to a commercial level. Our research facility has a $250-million budget for ocean research and a $500-million budget for plastics research, the extraction of polymers out of the

Environment committee  It's devastating to me.

Environment committee  The Americans and the Europeans provide 100% project funding at pretty much 0% interest for 20 years. The Infrastructure Bank has the capability to do that. All you have to do is match what they do. These projects are very important, and most of them make quite a bit of money.

Environment committee  I think Canada has a great history of being able to do this, so if we took the leadership role in this, we'd be able to establish ourselves—

Environment committee  We do get a lot of research out. We have great ideas. We have great technology that comes in. The problem is converting it to large-scale commercialization. The large corporations will reinvest in their own research—that's not a problem. The issue is how you take these small cor