We're obviously at a time when we need to attract a lot more investment if we want to expand our alliances with Asian countries. The Prime Minister has been to China, Japan and India to talk about sending more oil, natural gas and propane. You have to attract tens of billions of dollars of investment, maybe even more than $100 billion, here in Canada to fill up those potential pipelines.
It is true that investors will not want to come here if they aren't getting a meaningful return on investment and they look at the industrial carbon price. The uncertainty right now of not knowing what the industrial carbon price is going to be and of not knowing where we're going to go with the Alberta MOU is absolutely deterring that. They say that every day. People can say, you know, this industrial carbon price will make things more certain or will make us more competitive, but all the major industry associations and companies are saying it's not; it's making them less competitive.
I would suggest that to absolutely take advantage of this moment and provide more Canadian product into markets, we need to keep competitiveness foremost.
