I think the TIER program, which is Alberta's industrial carbon price, has been in place since 2007. It's on its third iteration. It gets tweaked and reset, and the targets and the stringency get changed from time to time. I think you're referring to the freeze in carbon pricing, under the TIER program, at $95. I think there is concern that jumping up to $170 by 2030 is going too far too fast, and it would create some concerns with competitiveness. Now, $95 is a lot higher than what it was a few years ago, and it's finding that right sweet spot where you can be effective at reducing emissions and not frighten away investment.
However, I think there's an opportunity—to get back to your climate competitiveness question—for the provinces to have better collaboration. We're not going to get this right on either reducing emissions or attracting investment if we don't have collaboration between the provinces and the federal government.
