Thanks.
Minister Dabrusin, it's great to have you here, and your team, who I know support you every day in your work. I believe very much in your work as Minister of Environment and Climate Change.
I want to ask you about climate competitiveness or carbon competitiveness, whichever you prefer. As we try to diversify trade with many countries around the world, I note that many of Canada's trade partners have an industrial carbon pricing mechanism. Many of them, especially in Europe, are saying that they will apply carbon border adjustment mechanisms to Canada's trade. There are over 50 countries in the world that have sustainable finance taxonomies, which also essentially categorize investment around the world in terms of what is green or what is considered green investment.
I want to connect these two concepts here. Canada is diversifying trade, which is obviously one of the things we're up to in order to build a more resilient economy as we're subject to a trade and tariff war that we didn't choose, and we're looking to do more trade with these partners around the world. If we don't remain competitive from a climate and carbon perspective, how is Canada going to thrive in this new world order?