In short, the Europeans do not have to bear a 45% loss of revenue like we do. They are losing just 10%. That we know.
I also want to point out that Europe's timber production ambitions are very clear, as are those of Quebec, where the goal is to produce clean power that serves as the first link in an industrial system. Incidentally, the raw material, cubic metres of lumber, costs about half as much in Europe as it does here to produce the same quantity of end products. Europe therefore benefits from solid support for competitiveness in terms of raw materials upstream and net revenues that are 35% higher than ours downstream. That results in significant pressure that is highly cyclical. We have every reason to believe that this will not be the case forever. That is an extremely important point.
Hardly anyone talks about interprovincial trade. Nobody talks about it nowadays. Some Ontario sawmills are still operating because the woodchips, a by-product of sawmilling, are processed at our facilities in Lebel-sur-Quévillon, Quebec. That kind of interprovincial coordination is part of the value chain. Today, construction is happening in Vancouver using I-beams that are manufactured in the United States, even though similar products are manufactured in Quebec. Access to east-west rail transportation is critical and could be greatly improved. There are many markets to optimize and develop, and Build Canada Homes, the major national construction project, will amplify that. The provinces need to work together in all of our strongest sectors. We have to combine our skill sets.
