Thank you, witnesses, for your presentation here today.
I've got more questions than time. I will start with one question.
Earlier today I was able to meet with the Mining Association of Canada. One of their concerns was a Liberal fuel standard that's being proposed. You mentioned earlier in your presentation that from a tax perspective we are very competitive with our major competition, the United States. They don't have a carbon tax. When you consider the carbon tax and a proposed Liberal fuel standard that could amount to anywhere from $150 to $400 per tonne of carbon, how will that position us competitively?