Mr. Speaker, ultimately the decision with respect to how the revenue from carbon pricing mechanisms work are going to be the purview of the provinces. The federal government is collecting no taxes and retaining no revenues. It is actually completely revenue-neutral from the perspective of the federal government.
In different provincial areas, governments have chosen to do different things. In British Columbia, the government has chosen to reduce income taxes as a way to utilize those revenues. In Alberta, there is a focus much more on accelerating the development of clean tech and renewable energy.
Members will find differences across the provinces, but thus far, we have seen very little willingness on the part of many of the provinces to look at simply putting it into general revenues. I think there really is an expectation that it will be used to further the transition towards a lower-carbon economy.