My understanding is that Canada does not owe anything, that we are paid up for all of our obligations under the Kyoto Protocol, that we're meeting all of our obligations. That's what my international department has told me. That's what the Department of Foreign Affairs has indicated. The only thing we're not on track to meeting, in terms of our Kyoto obligations, is our Kyoto target.
But the other thing that needs to happen is that we need to have an actual framework in place in terms of domestic regulations so that private sector companies have a reason to start to invest in this clean development mechanism as well. So it goes hand in hand. That's why we need to set short-term targets, so that we can move forward.
But again, if I had a choice between using public money to help private corporations facilitate the purchase of international credits or using public funds to invest in projects where we see verifiable emissions reductions to help further our Kyoto target, I would choose the latter for obvious reasons. Right now, with all of these programs, we've reached 1% of our Kyoto target.