Thank you, Minister.
I'm sure you're familiar with the report from the Canada Energy Regulator, which essentially stated that, if Canada achieves its climate ambitions—he was talking about the old climate ambitions, not the recently updated ones—the TMX wouldn't be profitable. I'm just wondering which it is. Are we going to achieve our climate ambitions, or is the Trans Mountain expansion going to be profitable?
I suppose there's a third option. Is the regulator wrong?