Mr. Chairman, I was going to pursue the same line of questioning as Mr. Allen and Mr. Lussier have pursued with respect to sequestration, a made-in-Canada cap and trade regime that would provide the incentives for the forestry industry to reinvest in new technologies, and so on. It seems to me that is the kind of accelerator you are looking for. The multipliers are adding value to the industry and repositioning it at a time when it really needs that kind of boost.
I think Ms. Morgan, or someone, said there is a policy paper being developed. I can only say that I'm sure the committee would like to participate in the acceleration of that report, in view of the relevance.
The only question I have that hasn't been answered is, are there implications with respect the bonusing provisions under the free trade agreement that would implicate on a cap and trade regime in the industry? Perhaps Mr. Farrell can respond.
I ask you that because I think it would provide incentives, without question, but could it be argued that if there isn't a cap and trade in the American regime, it would be seen as problematic from a policy development perspective?
That's all.