Thank you very much, honourable member, for the question.
As you noted, the U.S. takes issue with the difference in our stumpage rates because our system is based on a public land ownership system versus the United States, which is based on a private land ownership question. In our minds—and I think it's a state of fact—our market rates are fair.
With respect to environmental issues, the Biden administration has shown a very keen interest in addressing issues like climate change and environmental issues in general. I think that the Canadian green forestry practices are a selling point for the forest industry.
I can speak personally. I was the head of the Canadian trade office in Japan. I can say that Canadian green forestry practices were a huge selling point in Japan when people were looking to purchase lumber. This differentiated us from our competitors.
I think our positive environmental practices will hopefully be seen as another positive with the Biden administration in negotiations.