Thank you, Madam Chair.
I would like to welcome our new witnesses and thank them for their contribution to our study today.
I must admit that I wasn't sure whether this question is for the Department of Foreign Affairs, Trade and Development or the Department of the Environment. If you want to speak up, please do so.
The budget states that:
The government intends to launch a consultation process on border carbon adjustments in the coming weeks. This consultation process will begin in the summer with targeted discussions, including with provinces and territories, importers, and exporters...
In addition, on March 10, 2021, the European Parliament voted in favour of a carbon adjustment mechanism. European parliamentarians chose to support carbon pricing on certain goods imported from third countries, if those countries are not ambitious enough in terms of climate change, of course.
To your knowledge, is this mechanism consistent with the requirements of the World Trade Organization?