One of the things I pointed to is that Alberta has had an industrial price since 2007 and we've had the federal OBPS since 2019. Businesses have been making investment decisions based on this policy reality. I think what we're looking at now and what businesses are trying to see is a clear level of certainty that this policy had durability and will go forward. I think this is a key part of the negotiations of the Alberta-Canada MOU, which should establish an effective carbon credit price of $130 a tonne. The question, of course, will be over what period of time that will be and whether the price will be raised beyond that, but these are questions that businesses are looking for.
As I mentioned, there continues to be an opportunity to enhance these systems, to make some of the improvements that I highlighted, and to ensure.... I'll talk to one opportunity, which is that when the OBPS was launched in 2019, the federal government undertook a review process, a sector-by-sector competitiveness analysis. Considering the state of the world and where we are right now, I think it would be an opportunity for the federal government to undertake that analysis again as it looks sector by sector and to see the shifting landscape.
Again, our focus would be on creating that certainty over the long term while also ensuring that our Canadian sectors that are critical to the economy, such as fertilizer, remain competitive now.