Thank you very much, Mr. Chair.
Ms. Stewart, in 2024, global energy investments are expected to hit a record $3 trillion. The direct positive correlation between a company's environmental performance and its attractiveness for these investments has often been demonstrated. A reduction in greenhouse gases by a company is often seen as a positive signal to investors.
Earlier, I heard my Conservative colleagues say that we should no longer be talking about global carbon pricing. I have bad news for them. The world is making it a priority for economic reasons and business opportunities. In March 2024, more than 300 Canadian economists signed an open letter in support of a carbon pricing policy in Canada. They noted that carbon pricing reduces emissions “at a lower cost than other approaches.” Perhaps the Conservatives have no interest in attracting foreign investment to Canada, which would be terrible for our economy.
Tell us about the huge business opportunities that our Canadian companies have with our climate policies.