Thank you very much for that very interesting testimony. I think we all agree that we don't want higher carbon products to have an advantage over those of producers who have invested in lower carbon alternative processes.
Canada is not inviting border carbon adjustment, but I have two questions off the bat.
One, what's in the boundaries of what would be counted? I'm thinking about the issue of food waste. In Canada about 32% of food is lost or wasted, which could be redirected to feed people. That's based on a research project by Value Chain Management International and Second Harvest. How is food waste accounted for in this, and how can Canada's preparation, should there be a border carbon adjustment, help us incentivize practices that reduce that 30% of food that's wasted and could be redirected to feed people. In fact, 58% of all food in Canada is lost or wasted. How do we reduce that in how we set up our way of thinking about this?
I would like to get a thought about that from both of our witnesses, and thank you for your testimony.