Mr. Chair, that is obviously not our approach. Our approach involves putting a tax on carbon in regions where such a tax does not exist. Provinces that already have a carbon tax, like British Columbia, Quebec, and Ontario, have experienced healthy economic growth.
I will give a very simple example. In Alberta, a family of four with an annual income of $95,000 will receive a $540 tax cut in a situation in which they pay $500. This means that carbon pricing will put an extra $40 in the family's pockets. This is one approach the provinces can take, but we will see what they do.
I think it is a good idea to offer a tax cut with the money generated by the price on carbon in provinces and territories that do not currently have a carbon tax.