Thank you very much to all of my fellow committee members for placing your trust in me as chair. It's an honour, and I am excited to take on this challenge.
Thank you very much, Mr. Bonin, for placing your trust in me.
Also I'd like to extend a very warm welcome to Will Greaves, who is now a member of this committee for the Liberal Party.
Thank you, Will, for joining us.
Also, welcome to our witnesses. We are starting our industrial carbon study today, which is very exciting, and we have witnesses both hours.
Welcome to Franco Terrazzano, federal director, and Nicolas Gagnon, Quebec director of the Canadian Taxpayers Federation. We have Tim Weis, senior director of industrial decarbonization of the Pembina Institute; and Margareta Dovgal, managing director of Resource Works Society.
Each witness organization will have five minutes to present their opening statements and, once that's complete, we'll have questions from committee members. I'll give you a one-minute warning as you approach the end of your five minutes and then, when your time is up, just complete your sentence after that.
We will begin with the Canadian Taxpayers Federation.
Mr. Terrazzano, the floor is yours.