Environment committee  Again, the price they got, I think, was almost $200, and this is the price we would agree with, in the ballpark, if you want to achieve Kyoto objectives within the timeframe that Kyoto set up.

Environment committee  The price of $100 to $200 per tonne?

Environment committee  I think this would be a mistake on your side to understand, or on his side to conduct the right number. These numbers are way too high, because in Bill C-288 the price was in fact nearly $200. If I remember well, it was $190, or something like that, and this was reasonable given

Environment committee  I think you should ask that question of Environment Canada. My understanding, when I discussed it with them, was that it was in-house, but there were some contracting parts within the project, so it could well be both. But I think they are better placed to answer that specific

Environment committee  It's 2020.

Environment committee  We knew about it, but we were not consulted on the issue.

Environment committee  They consulted with us about the base case for GDP growth in their model, and it matched roughly what we got as the average from private sector forecasters.

Environment committee  At Finance?

Environment committee  No.

Environment committee  Yes, Denis is right. It was published in 1992. Other analyses we did afterward were all done with permit—[Inaudible--Editor]—and a carbon tax.

Environment committee  That would be high. We trade basically 80% to 85% with the U.S., so the rest is the rest of the world.

Environment committee  It's a short-term cost. The long-term impact on the economy would be different. The economy would be weaker, but would rebound later. Measures of this kind would have fairly significant economic impacts, even over a 10-year period. We would see some decline, as in the 1980-1982

Environment committee  Within the plan itself?

Environment committee  The only way to account for any potential loss of Canadian business earnings would be to base our assumptions on the 2008 European market price, since that is where the only real market currently exists. We have to know the price. Since the current market price is very low, the l

Environment committee  I think the document published by the government had some estimate on electricity, and the impact should be fairly limited again, at least in the early years, on the price of energy. As for the exact number, I think they put some numbers in their documents, so I would in fact ref