Mr. Speaker, affordability pressures are indeed very real, and the Government of Canada takes concerns about food prices in particular very seriously. It is a real issue for women and for all Canadians.
Families, farmers and businesses are facing global challenges, from supply chain disruptions to geopolitical instability and climate impacts, that are affecting prices here at home and around the world. It is important, however, to be clear about the facts of Canada's climate policies.
Industrial carbon pricing systems do more than any other policy to cut greenhouse gas emissions, with next to no cost for consumers. Canada's system applies only to large industrial emitters. It is designed to improve performance, drive investment and keep Canadian industries competitive as global markets increasingly reward cleaner production. It does not apply to individuals, and it is carefully designed to protect against carbon leakage, safeguard jobs and keep production here in Canada.
This market-based approach is not just efficient; it is important in positioning Canada to be competitive in a global market that values low-carbon production. It is simply where the world is going. Repealing industrial carbon pricing would introduce uncertainty, discourage investment and risk exposing Canadian exports to foreign carbon border measures that are being adopted now by key trading partners at a time when we want to diversify our exports.
The clean fuel regulations are an important part of Canada's commitment to taking action on climate change, including to protect the environment and human health to significantly reduce greenhouse gas emissions. The clean fuel regulations do not set or impose a price increase at the pump. Fuel prices are shaped by many global factors, and domestic clean fuel measures represent only a very small piece of that picture. Independent analysis shows that the expected impact on gasoline prices is modest, even at the full impact later this decade. These regulations are designed to keep costs low, protecting households while making the industry more resilient. The price noted by the opposition of the effect at the pump is not accurate, unfortunately.
At the same time, these regulations are delivering real economic co-benefits. Removing the regulations would directly hurt canola farmers. Forty thousand growers now have a market for 2.5 million tonnes of their canola from one Alberta biofuels plant alone. Fifty per cent of canola produced in Alberta meets the demand for the Strathcona plant at full capacity. That is 10% of all Canadian canola. Why is that a problem for the Conservatives? I think they should applaud it.
In closing, climate action and affordability are not competing goals. Well-designed climate policies help reduce long-term costs by limiting the growing impacts of climate change.
