Thank you very much. I would just ask you to speak to the farmers' advocate from Alberta, because this same discussion has come into play but they do not believe that the relationships that you have are strong enough to protect them. Again, this is part of the reason why some of this is being discussed. Hopefully, in five months we're going to have that all sorted out, so everybody can have faith in that regard.
Mr. Tertzakian, some of the things I've been talking about for a long time were mentioned in your testimony. In order to have a level playing field, it's important that industry be aware of and able to discuss the impediments that are faced by Canadian investors compared to their American counterparts.
You spoke of some of those. The U.S. doesn't have a carbon tax. The only significant pipeline, Keystone XL, was cancelled on day one. That's hardly a measure of good faith between our two nations. When we talk about the Trudeau-Biden relationship, it only goes one way.
For the second part, when we talk about currency, as the price of oil went up, we could see something happening with our dollar. Obviously we're out of that game. The U.S. leaders see a business case for LNG exports around the world. We don't. The U.S. global power ranking makes it incumbent on the U.S. to maintain good relationships with India and other neighbours. These are the sorts of things that we have to consider.
Mrs. Stubbs mentioned earlier that, if there is a way for you to address those issues, get them to our amazing clerk so that we have them. It's not just so that we can take a look at them. These are necessary items for us to put into this report. We can draw from them. We might not be able to ask you the questions here and to get the responses, but it is so important for us to be able to do that because that is how a real report is going to come about.
Mr. Tertzakian, could you discuss a very simple item, which is the difference between investment tax credits and production tax credits? Many of us believe that's the way the U.S. is covering some of the projects.