Thank you, Chair, and thank you, witnesses
I want to return to the “Turning the Corner” plan and the money that was set aside for the eco-trust, which is $1.5 billion.
On page 7 of the short form of the plan there is a fairly ambitious chart that shows how we're going to get to a 20% reduction by 2020. On page 6 it says that the eco-trust investments will yield, at a minimum, 35 megatonnes of reduction. Madame Cléroux, in answering the question on cost-benefit analysis, I assume included the 35 megatonnes expected from the eco-trust.
Here's the problem I have with the eco-trust. If it's the provinces exclusively that make the decisions and there is no conditionality imposed by the federal government, no accountability for the way the money is spent, no compliance mechanism or even corrective action that can be taken if it turns out this isn't working, how can anyone make a firm cost-benefit analysis about how the plan's going to work, or indeed a firm prediction that we will reduce greenhouse gases in Canada by 20% by 2020, when this large component--35 megatonnes at a minimum--is not subject to any foreseeable rules, conditions, accountability, or verifiability?