That's okay. Thank you.
The steel industry is extremely important to Canada. The steel industry contributes a fundamental good that feeds into and supports other manufacturing. The dynamic right now in steel, as was described before, is that there is a non-market-based steel economy that's diminishing Canada's market-based steel economy. What that means is that our market-based steel producers are having a difficult time competing against subsidized steel that's coming into the Canadian market.
One of the features that's changing right now in the dynamics of the global steel trade is that there's a larger demand and pricing for decarbonized steels. The auto manufacturers and other clients that require steel inputs are seeking out net-zero or near-net-zero steel. Canada has made two significant investments to date, one in Algoma Steel and one in ArcelorMittal Dofasco. For Ontario, that should total about six million tonnes of GHGs that we are reducing.
That also means that those steel companies will have access to markets when carbon borders become a new measure for dividing up countries, companies that are pursuing means to address their Paris commitments and that are trying to address the carbon problem and maintain a high-quality product while at the same time avoiding the usual negative consequences of high-carbon and highly subsidized steel that's unfairly traded in a single market.