Thank you.
Thank you for being here today.
I'd like to try to get some understanding personally about, first of all, the EU proposal or the CBAM that the EU is proposing to bring in in 2026.
I assume that Ms. Govier might be best for this. Where does Canada stand in terms of carbon pricing versus the EU? Are we on par with them, or are we going to take a hit because of this in terms of our exports to the EU? I want to see how things shape up.