Thank you, Mr. Chairman.
I'd like to get back to the question raised by Mr. Warawa, regarding what the impact on investment would be if Canadian and American targets were not similar.
Representatives of the Canadian Association of Petroleum Producers appeared before us a few weeks ago. They told us that if we adopted a 25% target but that the American target was much lower, Canadian companies would tend to buy more credits in the United States, which would in a way lead to an exodus of Canadian capital to the U.S. What do you think of that statement?