Maybe I can just add on to the last piece, specifically on the emissions from industrial sectors in Canada. We've taken a look at Canada's historical emissions output and the performance of the manufacturing and industrial sectors in Canada as a whole. What you actually find is that as the performance improves, emissions from the sector go down. The reason is simple. Companies actually have more money to invest in new technologies. The newer the technologies they have, the more efficient they are and the cleaner they are. From our perspective, these aren't mutually opposite objectives.
As part of the manufacturing strategy, looking at it overall, we'll be making recommendations around that area, and we already have made recommendations. We would be happy to forward the economic analysis we've done to the committee for their consideration in terms of that specific link between industrial emissions and manufacturing growth. The two can go together if things are structured right.
The challenge you get into is how to help companies invest in the technologies. We have heard from companies about how this is hard to do. In our early discussions around Industrie2030, we heard from a company in Midland, for example, an auto parts manufacturer that was supplying Mercedes-Benz and some of the high-end European auto manufacturers. It was company that we talked about in Windsor when we saw you down there. They were talking about how hard it is for them to convince themselves to invest in new technology that's 15 years old just because it's more environmentally efficient, when it's going to cost them a few million dollars to do it, and they're already making such small profit margins. We need to help them make that investment decision easier so that they are more productive and at the same time their emissions go down.
So there are some positive linkages there, for sure.