Thank you, Mr. Chairman.
Minister, as the Climate Change Conference was being held in Montreal, the Montreal Stock Exchange signed an agreement with the Chicago Climate Exchange, which has a subsidiary in Europe, in order to establish the Montreal Climate Exchange as quickly as possible.
On January 25, 2007, the Premier of Quebec expressly asked that a carbon exchange be established. At the time, he was at the World Economic Forum in Davos, Switzerland. Furthermore, Luc Bertrand at the Montreal Climate Exchange has indicated he would like to see regulatory authorization for establishing the exchange put in place as quickly as possible.
Here is my question. When do you plan to implement the regulations needed to establish a carbon exchange and climate exchange in Canada?