Compared to other G7 countries, Canada has been lagging behind in terms of emission reductions since 2005—1990 is typically the benchmark for emission reductions—in part because it has been very slow to implement programs. They are starting to have an impact, but the magnitude of those effects still doesn't allow us to meet our climate goals. We need to redouble our efforts.
We need some consistency and stability in the deployment of measures, but we also need the various levels of government to play their role properly. The federal government still has an important regulatory role to play, and it could move forward on this issue. We've put a price on carbon and we have a carbon market, but those tools must be strengthened and more targeted, especially for the industrial market, so that Canada can achieve its goals. Furthermore, I'd say that we need real sectoral strategies that are clear and have specific objectives. That's still lacking in Canada.