My concern with the equivalency agreements being discussed now is the absence of actual targets. In other words, we're having bilateral discussions in which there's no overall goal or target, which is something that the bill in front of you could actually rectify.
If you have the target set, then you can discuss various slices and dices of the solution in an orderly way, and you may want to do that through equivalency agreements or cooperation agreements. As I said, the European Union calls it “burden sharing”.
Without any kind of framework, having these discussions would be really quite futile and would perhaps undermine what some of the provinces going further might want to do.