Madam Speaker, let me rephrase that. The Conservatives voted against the free trade agreement because it mentioned that Canada and Ukraine would work together to promote carbon pricing around the world. Ukraine has a carbon price. It needs a carbon price to get into the European economic union. I should have phrased that better.
In fact, our own country needs a carbon price to trade internationally into the future, because there is something called carbon border adjustments and Europe is in the process of implementing carbon border adjustments.
I am sharing my time with the member for Elmwood—Transcona, Madam Speaker.
Carbon border price adjustments are adjustments that are put on the imports of goods coming from countries that do not price carbon. That means that if Canada would not have an output-based carbon pricing system for example, like the one that exists in Alberta, Canadian companies would be penalized when they try to trade with the European economic union.
By talking about removing output-based pricing, by talking about removing the price on carbon, the Conservatives really are talking about penalizing Canadian companies in international markets, as carbon border pricing adjustments start to take effect. Canadians should understand that what the Conservatives are proposing will hurt the Canadian economy in the long run.