Mr. Speaker, I want to thank my colleague and congratulate him for his speech today.
Clearly the colleague opposite knows how the emission credit exchange mechanisms work better than the minister and better than all the government critics.
I would remind my colleague, and the government, that a recent study by the CIBC, published less than a month ago, shows that the potential carbon credit market would be somewhere in the order of $12 billion a year. This is in addition to the possible $77 billion internationally.
In his opinion, does this not further show that there are certain economic advantages and certain economic opportunities for Canadian companies in establishing this emissions credit exchange in Canada?