I'd be very happy to.
It's a pleasure to see Mr. Carrie again.
There are a couple of things. The transition to electric vehicles is critical for the environment. It's also critical for the auto sector, as you well know. Competition is at the core of investments that the government is making, so Minister Champagne and Innovation, Science and Economic Development have been working in close partnership with provincial governments—Ontario in particular—to support the assembly plants as they have been making commitments to transition their facilities in Canada to manufacturing electric vehicles.
In addition, we're looking to capture the greater supply chain. We have a strong strategic advantage around critical minerals and getting those supply chains in Canada, and linking that into the assembly is a critical part.
We have two government-wide policy objectives here. The first is the transition and the reduction of the emissions from the sector. Equally important is the retention and even strengthening of our assembly plant mandates in Canada, and continuing to ensure that they can provide the strong, well-paying jobs that they currently do. That transition is really critical.
The minister has talked about the partnerships with oil and gas executives, and the fact that he's been meeting with them. We are also meeting with executives in the auto sector.
On the point of regulatory coherence, I'll note that we are in alignment with the U.S. The North American standards continue to be absolutely critical to competitiveness for other reasons, as you well know, sir, in terms of our ability to continue to attract mandates and to secure them. We have a very close eye on ensuring that the CAFE standards and the air quality emissions have alignment between the two jurisdictions.