It is a new industry in which Canada has invested a great deal. We have the capacity to create companies. These companies already employ more than 55,000 people. It is a very promising sector in terms of economic benefits.
In the 2016 report, we noted a drop in the revenue growth rate. According to our analysis, if the economy in this sector has slowed, it is simply because the markets to which the companies are selling their solutions are not yet robust enough. I am here today to talk about ways of making the market system more effective so companies can sell their solutions.
If companies sell a solution that reduces carbon emissions and carbon pollution has no price, they will clearly not be profitable. Trying to sell a solution to remedy something that has no cost will not work. That is why we maintain that there is a very important link between the price of pollution and the ability of companies to achieve the profitability that their investors deserve.