The issue here is that we will now have a carbon tax in Canada for the trucking industry, starting April 1. It will vary, depending on whether a province has a carbon tax in place or not. It gets further complicated as the years go on because there is a set schedule over the next four years for the carbon tax to increase. If the provinces that have a carbon tax do not increase their tax to the federal level, they will become what's called a “backstop jurisdiction”. Those that don't have a carbon tax will remain a backstop jurisdiction.
The registry is meant to.... It is less complicated starting out, and it becomes further complicated as the years go on and the tax rates vary. Currently, the trucking industry has a system in place that's referred to as IFTA, the International Fuel Tax Agreement. It is an agreement between provinces and states to collect tax, fuel tax. It's automated. You tell where you run, you have your mile numbers, and it's distributed. One check, and it's done. Nobody likes to pay taxes, but obviously, fuel tax is going to roads. Roads help the economy grow. It's a good thing.
Our concern with regard to the federal registry is that it's not as seamless as IFTA. We have concerns about the ability of carriers to track this. We also have concerns about—to my earlier point—a level playing field. The CRA has assured the CTA that it will enforce this and ensure that everyone pays it, including U.S. carriers. We will see what happens.