Thank you, Mr. Chair.
It's interesting how we have forestry backgrounds. My first real job was working at a pulp mill and in construction here in Taylor, B.C. It's amazing how forestry affects all our lives. My son works as a heavy-duty mechanic for a logging company up in oil and gas central, up here in northern B.C. It's still a very big industry. In fact, it's a lot of our economy and our jobs, the food on our tables and the roofs over our heads.
I just want to ask a question of Rick from the Gitxsan. You're my neighbour, just to the west. We're up in northeastern B.C. I have friends and colleagues up in Fort Nelson, B.C. They just started the new pellet mill out there. I don't know if you know Brian Fehr, but he has just started that operation up again, which we're very glad to see. It makes a huge impact on a community like Fort Nelson.
You mentioned the discount rate for exporting logs. What was that rate? What does that look like? We've seen discount rates for our oil and gas sector. Also, frankly, to the comments from Unifor, the Biden administration cancelling Keystone is not a positive first step by our friends to the south, for a new president to the south of us.
Anyway, can you just speak to that discount rate, please, and give us a framework of how much of an impact that would really have on our industry in Canada?