Environment committee  Thank you for the question. I think we know from SFAC that there is a large gap in investment. I think it's been clear that Canada is struggling with its productivity and its economic growth, so I would go back to that. We have a $115-billion-a-year investment gap that Canada has to fill in order to deliver on our net-zero and transition commitments.

Environment committee  I'm pleased to say that we do regularly communicate with our members. In fact, Bryan and I both have councils that do a great, inordinate amount of work in this area. What our members are telling us is that greater certainty and clarity is required. That being said, our members are trying to drive forward a number of innovative solutions, and they're excited to do so.

Environment committee  Certainly, I think businesses have been advocating for these tools for quite some time, and so has SFAC. In order to increase Canada's productivity and grow our economy, these are really essential to attracting investors. We know we—

Environment committee  I think Canada should increase overall net-zero funding and do more to de-risk and address barriers to private sector investment. We hear from our members all of the time that they very much appreciate partnerships with government and private sector funders to enhance, innovate and find bleeding-edge solutions to our brightest climate challenges.

Environment committee  Thank you for the question, and thank you for taking the time to meet with the Canadian Chamber of Commerce and members of our green and transition finance council. The Canadian chamber believes we require an inclusive, made-in-Canada framework that addresses the unique opportunities and challenges facing Canada in its transition and supports Canadians in that transition.

Environment committee  However, before we can talk about Canada's broad investment in net zero across government and the private sector, we first need to ensure that Canada is a competitive environment for investment writ large. New tax increases that foster uncertainty and phase-outs of incentives that stifle investment and signal to the world's innovators to look elsewhere are not helping to attract or retain the kinds of entrepreneurs and investors that are going to advance bleeding-edge, made-in-Canada net-zero solutions.

Finance committee  I don't have specifics here with me today, but the chamber is very fortunate to have a wide range of subject matter experts, including an expert on housing and infrastructure, and I'd be pleased to consult my colleague and get you a very detailed and specific answer.

Finance committee  That's correct.

Finance committee  Moving on to competition policy, we remain concerned by the ad hoc approach to changes to the Competition Act and we encourage the government to carefully review our submission and continue to consult with the business community, including the U.S. Chamber of Commerce, on changes to the act.