The Environment  The International Institute for Sustainable Development said in a recent report that our government's policy is a good start. We are making actual progress with our sector by sector regulatory approach. We have seen regulations come into place in the transportation sector. We are now looking at the coal-fired sector. We have plans for other sector reductions and regulations as well.

CANADA-PANAMA ECONOMIC GROWTH AND PROSPERITY ACT  The immediate elimination of Panama's 3% to 15% tariffs on aerospace products will promote the competitiveness of Canadian exporters of these products. The information and communication technology sector, a sector of particular importance in my riding of Kitchener--Waterloo, will also benefit from this agreement. Canada exports a variety of information and communication technology products to Panama, representing about $4 million in 2011, and these include examples such as radar systems and machines for the reception and conversion of voice images or other data.

Jobs, Growth and Long-term Prosperity Act  We have invested millions of dollars to protect lakes and waterways across this country. The chemical management plan that we established lists harmful chemicals. Our sector-by-sector regulatory approach on greenhouse gas emission is working. We are the first country to Gazette regulations for coal-fired electricity. We are protecting more parkland than any other government in history.

The Environment  Mr. Speaker, as I just said, our government's robust sector-by-sector regulatory approach to reducing greenhouse gas emissions is working. We have implemented regulations in several sectors. We are now working in the electricity sector and in the oil and gas sector to ensure that those that emit the most are regulated in an orderly fashion that ensures economic growth.

The Environment  In fact, we are the first government in this country that has taken real action to reduce greenhouse gas emissions. Our sector-by-sector approach to reduce GHGs is working. It is leading to innovation, fuel efficiencies, new technologies and real reduction of GHGs. There was a delay before our government came to power in 2006, of course.

Business of Supply  Our Copenhagen commitments are for calendar year 2020. As I have explained in the House any number of times, our sector by sector regulatory approach started with transportation, which contributes fully one-quarter of Canada's annual greenhouse gas emissions. We are about to finalize the coal-fired electricity sector regulations in the next few weeks.

Business of Supply  Our government has moved forward. We have made a very clear and firm commitment to Copenhagen. We are moving sector by sector to regulate, and I can assure the House that we will meet those 2020 targets.

Business of Supply  We have progressed significantly since then. I should have some new numbers in the weeks ahead. What is important is with our sector by sector strategy we are systematically addressing all major sources of emissions. As I have reminded the House this evening, we have already addressed transportation, which contributes about a quarter of our annual greenhouse gas emissions.

Business of Supply  Canada is making significant progress in reducing Canada's total greenhouse gas emissions by 17% below 2005 levels by 2020 through a sector-by-sector plan. In fact, federal measures, combined with actions taken by provinces, brought us one-quarter of the way toward our 2020 target a year ago, and we have made significant progress since then.

Business of Supply  Madam Chair, as I explained in answer to the comment from the environment commissioner, it is premature to offer total costing of our sector-by-sector regulation process, simply because we are only partway through that process. We are engaged in consultations that will determine what many of those costs will eventually be.

Business of Supply  Madam Chair, as I have explained, we are in a sector-by-sector regulatory process. We addressed transportation, which accounts for almost one-quarter of our annual greenhouse gas emissions, with regulation of cars and light trucks, and now most recently, heavy trucks.

Business of Supply  The Government of Canada has a plan to reduce emissions further and that plan is working. We will continue reducing emissions sector by sector until we have reached our goal.

Business of Supply  We are doing the same thing right now with our electricity sector. We are doing this sector by sector because we want to make sure that we are achieving those tangible results. With regard to the question about economic sustainability, this is something that cannot be lost. It is easy to gloss over.

Business of Supply  I would like to take the opportunity to present, once again, the Government of Canada's sector-by-sector strategy for reducing greenhouse gas emissions and addressing climate change. It is a national plan with a strong corresponding international component. We believe the best way to achieve results on climate change management is to better integrate our environmental objectives into Canada's economic structure.

Environment committee  So would you then agree—we've been talking about the sector-by-sector regulatory approach—that there is an economic cost or an economic impact to implementing regulations on any economic sector?