Thank you for that.
As you know, our government takes climate change seriously. We have a very strong climate plan to decarbonize and to move to net zero by 2050. In your last appearance at committee, you confirmed that the annual increases in carbon pricing would raise the average economy-wide price level by 0.1 percentage points, and you also said this is fairly negligible compared to other determinants of inflation.
What happens is that we say 0.1%, but Canadians don't really understand what that means. Does that mean $200 a month extra for them, or two dollars extra?
First, could you just confirm whether it is negligible, and second, maybe define it for the average Canadian who might not understand why 0.1 percentage points would be negligible according to StatsCan CPI calculations? Could you address that, please?