The government agrees that Bill C-311 is fundamentally flawed and that the approach is wrong. I think that's why we're talking an awful lot with respect to things like the clean energy dialogue, and talking about harmonization that recognizes the integrated nature, not just of your particular industries, but of an entire range of industries and their supply chains. They're North American now.
I come from the auto industry; we recognize that there isn't really a Canadian car or an American car, but a North American car and a North American consumer for that car, and there has to be a North American business case for building that car. The key with harmonization is avoiding a patchwork of standards, a balkanizing of the market.
For example, we've chosen to regulate tailpipe emissions through CEPA; that allows us to avoid a province-by-province disharmony in terms of a standard. We're harmonizing with the reformed U.S. CAFE standards, which creates an investment advantage for the industry while tackling the need for greater fuel efficiency in our vehicles. I think that's the right approach.
With regard to the disharmony in terms of target and pathway that Bill C-311 is proposing, can you give us a sense of the cost? You've talked about some of the areas that are probably most exposed for the industry. Can you give us a sense or a quantification of what the loss would look like? How much investment would potentially be lost? How many jobs are we talking about? Can you give us some sense of what the cost of such a move would be if we adopted this bill in isolation from the United States?