I don't know if I'll take that long, Chair, but I appreciate it.
I think this is a very important point to make, and Mr. Rosser and Ms. Govier kind of touched on it: Carbon border adjustments by the EU or the United States don't benefit Canadian producers, because we have a much better carbon footprint in agriculture that somehow gets us better access.
I'll give you a real-life example that I'm sure Mr. Rosser knows well. Harmony Beef in Alberta redid their entire kill floor to meet the EU standards for beef imports. The EU imports exactly zero pounds of Canadian beef, despite a meat processing plant in Alberta doing essentially everything they could to meet EU standards. I look at a CBAM as another non-tariff trade barrier that the EU or other jurisdictions will implement to protect, as Ms. Leah Taylor Roy said, their own producers.
Maybe, Ms. Donohue, you would know best.
When the EU implements CBAM in 2026-27, I understand it will not include agriculture. Is there a set standard, let's say, or an organization overseeing and administering that carbon border adjustment, which is very clearly defined? If another jurisdiction—Canada, for example—wants to import or export a product with the EU, do we know exactly what the game is and what standards we're asked to meet? In your experience, could this very well be another non-tariff trade barrier that will make it that much more cumbersome for Canadian producers to access those markets?
I know it's a big question, but I think it's very important that we understand exactly what we're getting ourselves into here.