Thank you very much.
I'll move on to FCC.
Ms. Hendricks, thank you very much for being here. I'm a huge fan. My wife worked at FCC before we were elected. You're a wonderful employer in Regina.
I have “Canada’s Food Price Report 2023” here. I want to read something and have your feedback on what you're hearing from your farming clients.
By 2030, a typical 5,000-acre farm could see taxes of over $150,000 which could compromise the owner’s ability to make a profit. The added cost of a carbon tax will increase production and transportation costs associated with food and may be passed on to the consumer as producers try to remain profitable.
I grew up on a family farm. Lots of my friends are still farming as well. Within FCC, you must have some data, and you must have gone out to visit some farms.
How many of your clients could afford to absorb a $150,000 hit to the bottom line from a carbon tax by 2030?