Thank you. I think that's a really important point, and that dovetails with this issue about.... Yes, there are regulations and requirements for a mining project, but they're necessary for inclusive growth and growth that doesn't demean or diminish first nations' rights.
Mr. Strickland, I want to turn back to you. At the very start, you talked about Canada's leadership position and what we were doing in terms of net zero and climate action. You said that, in one fell swoop with the IRA, they're leaping in front of us, and we have to keep pace.
I'm going to say to you that we've heard a lot at this committee and generally in Parliament about the carrot-and-stick approach. The carrot is what we're seeing in the United States in terms of active incentives, huge dollar amounts and the fivefold increases that you mentioned. The stick, which I also believe spurs innovation, particularly as we move on a path towards net zero, is things like our price on pollution, the carbon price that has been a hallmark of our government.
I believe it needs to be a twofold approach. I'll confess to you some surprise when people in the Biden administration are saying to us that we need to show more ambition, and then there are parliamentarians, including on the floor of the House of Commons, who say, “Get rid of the carbon price” or “Stop accelerating the carbon price.” I think it needs to be a multi-faceted approach.
Can you comment on that?