I don't want to minimize the challenges facing the domestic industry. A couple of our larger members are currently in CCAA processes. They're doing restructuring for sale. We are optimistic, or they have expressed optimism, that there are viable assets there; that these will be successful sale processes going forward; and that they'll attract investment.
I also don't want to minimize the challenges associated with things like the cap-and-trade program in Ontario. Although there are—and I know this is a federal thing—allowances until the first compliance period in 2020, we don't have clarity beyond the first compliance period or as to the capacity of electricity. These are business uncertainties, and business does not like uncertainty for the purpose of investment.
You talk about the importance of maintaining manufacturing in Canada. If we're going to achieve goals like GHG reduction, Canadians feel it's much more environmentally responsible when you're building something in Canada to use Canadian steel. We benefit from Ontario's green power grid in the province of Ontario specifically. These are all things we need to preserve if we're going to help with global warming.
Also, this goes to what I was saying about the federal infrastructure program. We hope Canadian companies have an opportunity to participate in this. It cannot be lowest-common-denominator sourcing. If governments, writ large, are going to consider costs of carbon or commodities for the purposes of cap and trade or carbon tax, then when they are sourcing green infrastructure projects, they cannot simply go to a lowest-common-denominator procurement strategy.
We hope our producers are going to be able to participate. The amount of money is meaningful, and when you're looking at making an investment in this country, I believe that kind of a program colours it.