Thank you, Mr. Chair.
There's no question that the world is moving there. It's not about the what; it's about the how. On the how, what we've seen in the last few months in the U.S. is very consequential. It's a very surgical approach to attracting private investments on clean energy in key sectors of the economy.
I think everybody—certainly in the business community and our council—has been very supportive of any effort to reduce emissions. It's a very important goal that is shared, but you also have to see it through a lens of economic competitiveness. This is where I find, on the regulatory side, that project approvals, for example, and the nimbleness that is required to move those forward is where we could do better.
No country is perfect, as you said. It's not a question of accusing anyone. It's a question of having to do better as team Canada, both on the business side and on the government side.
This gesture—the strong direction that the U.S. has just taken—requires a Canadian response. It requires a very surgical one. I'm encouraged by what I'm seeing on EVs. I'm encouraged by what I'm seeing on a strategy for critical minerals, but we have to move faster than we are moving because the world is moving fast.