We will support this amendment. However, we would have liked these regulations to take effect sooner, especially in subsection (3), rather than waiting for the end of the existing voluntary agreement between the automotive industry and the government.
I remind you that it was the minister of Natural Resources of the previous government who signed this voluntary agreement in which the automotive industry committed to reduce greenhouse gas emissions by five megatons under the climate change plan that had been put forward.
I remind you that at the time — and we still believe in this — we wanted the agreement to be compulsory rather than voluntary. I know we are moving in this direction now, but since we do not yet have the reports on gains in greenhouse gas emissions reduction by the industry — these reports should be published yearly — we are unable to monitor what reductions actually took place. We have to believe the industry but it would be better to have these regulations right away rather than wait until the expiry of the voluntary agreement.
However, we will support amendment L-31.