Thank you, Madam Chair, and thank you to the witnesses for being here today.
I want to dig a bit deeper, from the how to the what—that being levers we can put in place to actually open up more co-operation with the United States. Obviously, the regime that we have in place here in Canada with respect to carbon pricing aligns with the regime that the EU has, and for the most part it prevents a lot of what I'll call border taxes or pollution taxes at the border from occurring, which is a good thing. Otherwise, we'd be paying those tariffs and, quite frankly, it would cost us more if we didn't have the regime in place. As you noted, though, Ms. Cobden, the U.S. doesn't have that regime in place.
What I'm particularly interested in, especially going forward with the negotiations and discussion—I won't call them negotiations yet; I'll call them discussions—with the U.S. specific to China, with it being a high emitter of carbon, and other countries.... It's not, by the way, just about steel. It's about all products.
Do you find that there's an opportunity to work more closely with the U.S. to share this same regime in our discussions moving forward, to strengthen our collective international trade performance and use it as a mechanism to compete more effectively against China? Will putting these carbon trade measures in place with the U.S.—again, not just with steel, but with all products—therefore make the markets more robust for both Canada and the U.S.?