Industry committee  I won't answer that question directly, but I will say that the industry associated with the fight against climate change using clean technologies isn't a threat to the economy or to oil. Oil is abundant and will be around for a long time too. Oil production will decline over a long period.

Industry committee  That's a good question, but I'm not here to talk about politics. That's not my world. I come from the business sector, and I have experience as a director. The role of political parties and oil industry lobbyists is a sensitive topic for me because I'm not part of that world. However, I'm well aware that lobbyists are active in every industry, and the oil lobby in Canada is no doubt very powerful.

Industry committee  Is it about due diligence?

Industry committee  SDTC's due diligence process is absolutely robust, and it has evolved. It was initially a way to evaluate projects when SDTC was financing projects with various partners. In more recent years, we've encouraged SDTC to adapt to the market, to finance companies rather than projects.

Industry committee  If you understood the logistical aspect of the COVID‑19-related payment, you'll understand that the answer is yes because, according to the legal opinion, the conflict of interest was managed.

Industry committee  Yes.

Industry committee  Yes.

Industry committee  Yes.

Industry committee  Yes.

Industry committee  Yes.

Industry committee  Yes.

Industry committee  I can answer that. The problem was acknowledged at the outset. I repeat that we established an emergency measure. COVID‑19 arrived and created a state of emergency. There remained $20 million. As the companies needed working capital, a universal program was immediately set up We all declared conflicts of interest at one point or another.

Industry committee  One.

Industry committee  I've been sitting on it since November 8, 2018.

Industry committee  Yes.