Thank you so much, Mr. Chair.
Thank you so much, everybody, for attending this meeting.
First of all, I would like to make some general comments about that.
First of all, I'd like to point out that this morning's discussion has had a neutral environmental impact. We've heard from people from all over the world—California, Finland and France—all by video conference here, in Ottawa. No airplanes were chartered and no gas-guzzling transportation was used to make this meeting possible. That's a very good thing.
I still have a few general comments.
I think we have a lot to learn from Finland. Madam Pokka is a good example. As everybody knows, while Canada and Finland maybe don't share exactly the same kind of climate, we at least have some comparisons to make. In Canada, everybody knows that Victoria is not Quebec City and that Niagara Falls is not Whitehorse, but at least we know what winter is in Canada, as you people from Finland know.
It's also very interesting to learn from the Los Angeles experience. I welcome you, Madam, for being with us so early. It's, what, 6 a.m. there, or around that? Thank you so much for your participation.
I want to emphasize the fact that everybody talks about California as an example and all of that stuff, and yes, I think everybody can learn from each other, but it's interesting to remark and to outline that the first laws were adopted by President Nixon in 1970. We talked a lot about President Obama for sure, and we've talked a lot about other presidents, but we have to recognize the fact that the first president to introduce legislation and regulations on environmental issues was President Nixon. So many people forget that.
I'd like to say hello to our friends in Paris, France, and address my first questions to them.
My thanks to all three of you for speaking French. I'm going to address you in French, if you don't mind. I assume that is your preference as well.
You talked about the balance between binding targets and stakeholder engagement. Clearly, binding measures usually involve taxation of some sort. As far as participation-based measures go, stakeholders are rewarded for their achievements. You said you recognize stakeholders who demonstrate stellar performance.
Given your experience in France, which would you say is more effective as far as businesses and public authorities are concerned: binding measures or measures that focus on participation and recognition?