Thank you.
One of the biggest risks that isn't in your report here is the risk of government itself. The risk the government brings to this equation is consistent with the Minister of Environment's report last week. He plans to cut emissions in Canada at a rate by 2032 that is, according to every player in industry, an indication that we'll have to cut production by one million barrels per day.
Take that 5,280,000 barrels per day and turn it down by one million per day. Number one, as Eric Nuttall, a portfolio manager, said, “It's economic idiocy.” As the minister himself said, “Look around the world, no other major oil and gas producer is doing what we’re doing.”
In your opinion, will the one million barrels per day of reduced capacity have an effect on the sale price, potentially, of the TMX pipeline?