Thank you, Mr. Angus.
I want to start by recognizing the incredible work that organizations like the Canadian Centre for Policy Alternatives have already done to go beyond the talk of principles and to get into specifics. As I'm sure witnesses know, it put together a report last April that called for very specific legislation and funding for a just transition fund, a just transition benefit for affected workers, and a just transition territorial and provincial transfer in the order of $16.5 billion.
What we also saw last week, as has been referred to a few times, is a so-called emissions reduction plan that includes in it a new tax credit for carbon capture, a subsidy, in the order of $50 billion.
My question is about the pace of how we intend to and can transition in this just transition and support affected workers. Specifically, I'm curious whether any witnesses can comment on the impact of further subsidizing the oil and gas industry to the tune of $50 billion a year. How does that affect any plans towards a just transition for workers? Can any witnesses comment on that?