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Industry committee  The important point I'd like to make is that in the clean-tech sector, there are great growth opportunities in Canada and we need to grow them. In the United States, they have different ways in which they invest in new technology and clean technology. We have to compete with that, and we are punching above our weight.

December 14th, 2023Committee meeting

Annette Verschuren

Industry committee  Absolutely. We always declared conflicts. Those board members would have declared those conflicts, would not have been involved in the decisions, would not have received the material and would have recused themselves at the board when those projects were reviewed. That was how this organization worked.

December 14th, 2023Committee meeting

Annette Verschuren

Industry committee  Yes, that's correct.

December 14th, 2023Committee meeting

Annette Verschuren

Industry committee  This came forward as a package. All the conflicts had been declared on the 126 companies. We as management sought advice and received advice from a reputable legal firm to the effect that, look, by putting them together as a package, you wouldn't have to redeclare that conflict.

December 14th, 2023Committee meeting

Annette Verschuren

December 14th, 2023Committee meeting

Annette Verschuren

December 14th, 2023Committee meeting

Annette Verschuren

Industry committee  I don't, not off the top of my head.

December 14th, 2023Committee meeting

Annette Verschuren

Industry committee  I will.

December 14th, 2023Committee meeting

Annette Verschuren

Industry committee  No, zero. I don't have any financial interest in the Verschuren Centre, and I don't have any financial interest in any of the companies that work with the Verschuren Centre.

December 14th, 2023Committee meeting

Annette Verschuren

Industry committee  I don't think so. I can check that for you, but I don't believe so.

December 14th, 2023Committee meeting

Annette Verschuren

December 14th, 2023Committee meeting

Annette Verschuren

Industry committee  In the case of the NRStor project, this was a project. The way these things work is that you set up a limited partnership, so this limited partnership—

December 14th, 2023Committee meeting

Annette Verschuren

Industry committee  I did not have a financial interest in Hydrostor.

December 14th, 2023Committee meeting

Annette Verschuren

Industry committee  It certainly was not advancing my personal interest, no.

December 14th, 2023Committee meeting

Annette Verschuren

Industry committee  In the case of the money, the $217,000 that came to NRStor went into a limited partnership. That money was put into the assets of the Goderich energy storage facility.

December 14th, 2023Committee meeting

Annette Verschuren