I was a recent United Nations meeting, and the European Union, under the direction of France, talked about levying essentially a tax on countries that do not fulfill their obligations under the Kyoto Protocol. Has Finance Canada engaged in any modelling as to what those taxes could look like on Canadian products being exported? Have we any engagement with the European Union on this? This measure is gaining some momentum from our European counterparts.
On May 17th, 2007. See this statement in context.