Thank you very much, Chair. It's an honour to join this committee today.
My questions are for Mr. Terrazzano.
In Bill C-8, an act to implement certain provisions of the economic and fiscal update, there's a provision for the Income Tax Act to introduce a new refundable tax credit to return fuel charge proceeds to farming businesses in backstop jurisdictions.
Have you had a chance to look at that? What are your thoughts on that system, and is it essential to have in place?