Thanks very much for the question.
In terms of the impact, as was mentioned in Mr. Wark's opening remarks, we're talking about existential threats to this industry and future investments. To close us off from our biggest trading market would be devastating.
I think our advocacy in this effort has been to try to make sure, as in the past and as in so many things, that we're included. It's important not to disentangle Canada from the U.S. market. Aspects of this proposal were very interesting, very innovative. I think the approach that was taken to try to support good, high-wage jobs to make sure that you don't have a public subsidy incentivizing low-road employers, that is, employers that were actively trying to thwart workers' rights to join unions, and things like that. These are important pieces to build into policies.
The problem is why would the U.S. think that of all the problems that can be dealt with in the world, Canada—which has comparable rates of unionization and wage levels, if not higher—is the problem? We're not the problem. To be caught in the crossfire of this was kind of like a double whammy to union members watching this drama unfold.
I think there are ways we can get at that policy end without being so discriminatory. Hopefully cooler heads will prevail if this bill does resurface. We can have a smarter discussion about what that can look like.