Thank you.
Minister, you were just mentioning the carbon border adjustment mechanism, CBAM, that is in the EU and how that is beneficial for countries with carbon pricing. I was talking to the steelworkers last week, and they brought up the situation that we have here in North America with Canadian steel, which is the lowest-carbon steel in the world pretty much, and yet we face competition, primarily from China, but also from the United States even to keep our domestic steel industry going. They were hoping that Canada would consider bringing in a similar mechanism, a border adjustment mechanism, so that their steel would be recognized for those properties. It would also, I think, help with this backdoor question we have with bringing in cheap steel from China and other parts of Asia that the United States doesn't like.
First of all, I'm wondering if your government is considering bringing in a border adjustment mechanism, and if so, would that be legal under the present CUSMA?