Thank you, Madam Chair, and members of the committee for the invitation to appear today.
Fertilizer is essential to feeding Canada and the world. Roughly half of global food production depends on fertilizers. Meeting the food demands of a growing world population would be impossible without them.
Canada is a global leader in sustainable fertilizer production and manufacturing, producing and exporting nearly 40% of the world's potash to growing markets around the world. We are the Middle East of potash. Potash is a critical mineral and an essential plant nutrient.
Canada is also a significant producer of nitrogen fertilizer, supplying our domestic agricultural market and exporting to the United States.
Canadian potash is produced with 50% lower greenhouse gas emissions compared to other countries. Our ammonia fertilizers are manufactured with at least 30% lower net emissions intensity than other jurisdictions.
We are here today to contribute to the study on Canada's industrial carbon pricing regime and share the fertilizer industry's perspective.
I will now hand over to my colleague, Nadine Frost, who will continue.