Mr. Speaker, I want to thank my colleague from the Bloc Québécois for his question.
The possibilities that come with the carbon exchange are incredible. There is a lot of interest among major polluting companies and other countries and states. For example, California, New York and Massachusetts and many other U.S. states are very interested in this project and this option for their companies.
There are advantages to Montreal having a carbon exchange now. There is an association or a relationship with the other markets, in Chicago and Europe, for increasing the amount of credits and the possible amount of money.
This money and possibility will make it easier for Canadian companies to compete effectively in reducing greenhouse gases and in introducing innovations. Canada is strongly committed to investing in education to promote technological innovation in the automobile and aviation sectors, among others. However, this is impossible if there is not enough money to do so.
Based on what we see in Europe, the Europeans obviously have an advantage that Canadian companies currently do not. This is not right and it is not good for our future and for future generations, when it comes to global competition.