Thank you for round two, witnesses. I appreciate your time today. We'll endeavour to be a little more calm.
Provinces like Alberta have demonstrated that the industrial carbon pricing system, such as the TIER program, with a 100,000-tonne threshold and free credit markets, can reduce emissions while maintaining competitiveness and flexibility for smaller facilities.
Why does your department's discussion paper propose constraining these proven provincial systems, increasing compliance costs and eliminating free credit markets? The notion of going down to a 10,000-tonne threshold especially is going to capture a lot of facilities.