Finance committee  At this point I can't answer that question, because the government has not articulated whether it will exercise its authority under this legislation to return money to designated persons, and if it does, how it would choose to exercise that authority.

Finance committee  Yes. A person is a term of art in law, which can refer to a corporation as much as to an individual human being.

Finance committee  There's no chance there will be corresponding federal—

Finance committee  Pierre, I think your interpretation is correct.

Finance committee  I don't think I can comment on that, other than to repeat the government's position that it will not keep any of the revenue. The purpose of the legislation is not to raise revenue in order to spend revenue, but the revenue is raised as an artifact of the way the pricing system w

Finance committee  —and make a contribution, but not be the sole contributor to attaining the target.

Finance committee  The details of the plan and the breakdown of the expected contributions beyond the limited number that I just referred to are described in detail in the most recent publication that we submitted to the United Nations Framework on Climate Change, the Seventh National Communication

Finance committee  Those quantitatively calculated measures get us close, and then a suite of other measures are being undertaken to address the remaining amount, but on which the government has conservatively chosen not to provide specific numerical predictions.

Finance committee  At the moment, that is legally feasible under the United Nations framework convention and under the Paris agreement, but Canada has not made any commitment or any statement about its intention to do that. The reason for that is twofold. First of all, the precise rules around wh

Finance committee  In theory, any government, including the Canadian government, could acquire foreign credits.

Finance committee  That's essentially how it would work, but again the precise details have not been worked out in the UN framework convention.

Finance committee  I can't speculate. This is not something the government is planning to do. This is not something the government has announced it is doing. I would be completely speculating as to whether the government will do it and how it will do it.

Finance committee  Again, it depends on where this bill applies. In theory, this bill may apply nowhere, or it could apply everywhere, or somewhere in-between.

Finance committee  From that perspective, that this bill either directly reduces or has the indirect impact of causing a province to develop or maintain its own system, then the estimate remains 80 to 90 megatonnes, and that's no—

Finance committee  That's what a $50 price—