Mr. Speaker, the CIBC World Markets report calls for a new carbon tariff on countries that do not do enough to decrease their greenhouse gas emissions. This tariff, and I quote the CIBC, “will tax the implicit subsidies on the carbon content of imports that come from carbon non-compliant countries.”
Does the Minister of the Environment realize that, by refusing to implement Kyoto, he is exposing our exporters to such a tariff? That is totally unacceptable.