Finance committee  If that price remains, then that will be the approximate contribution. That is a very approximate contribution as we go further out into time because, as we go further out into time—again, coming back to the difficulty of predicting the future—technologies may change, individual

Finance committee  Okay.

Finance committee  The government recently issued its first report on the implementation of the pan-Canadian framework, and that report listed a number of additional measures that federal, provincial, and territorial governments are taking. Some of those are summarized very briefly in the impact re

Finance committee  Just for clarity's sake, the law actually requires an annual report. I think we talked about that last week.

Finance committee  What we provided in the study last week is an estimate of what carbon pricing across Canada will achieve, which is 80 megatonnes to 90 megatonnes by 2022. I have two additional points. First, repeating the points I made last week, we don't know what the contribution of this leg

Finance committee  Well, federal and provincial governments have committed to review carbon pricing. Provincial governments may change. Provincial governments may remove their pricing system, change their pricing system, add a new pricing system. The federal government may change. The federal gover

Finance committee  That's correct.

Finance committee  Right. Sorry, and that was reported in February, 2016. Mr. Poilievre asked as of today. In the last two years, emissions have gone down since February 2016, so the gap or the amount we need to reduce has also declined.

Finance committee  I just wanted to indicate, with apologies for the delay, that I do have the most current numbers that Mr. Poilievre asked for, and I can give them now or later.

Finance committee  The commitment that Canada made in the Paris accord is to reduce our emissions from 2005 levels by 30%. The calculation of emissions changes slightly from year to year, based on the application of internationally accepted and continually evolving modelling methodologies. The mo

Finance committee  Yes, relative to where they were in 2005.

Finance committee  Today they are slightly lower than where they were in 2005, but it's approximately the same reduction obligation.

Finance committee  That's a ballpark figure.

Finance committee  No, by 2030, not per year. The commitment Canada made, the way it articulated its target, was that in 2030 our emissions would be 517 megatonnes. In theory they could be significantly more than that, and then decline dramatically in one year. I'm not suggesting that's going to

Finance committee  Correct.