Thank you for that.
We know that in terms of sustainable building, mass timber projects and building with much reduced GHG impacts, the Europeans are way ahead of us. This is a very serious issue for them. They also have very serious housing programs at their state and municipal levels. In Canada we have Doug Ford paving over the greenbelt to build monster homes.
I want to get back to the question about this 40% reduction. Do we have to legislate something in order to make this happen? We have building codes, we have federal building codes and we have issues that are being built at the provincial level. This legislation is, I'd like to think, one part of it, but how are we credibly going to get to this 40% reduction and show that we can actually compete when the Europeans and other jurisdictions have really put the investments on the table—for example, the $100 million that Biden is doing? What are we looking at from NRCan's point of view in terms of promoting wood and making this a reality?