International Trade committee  Yes, British Columbia has a carbon tax, and I think the price is around $30. The Alberta market focuses on intensity, and there it is $15 a tonne. Carbon pricing is beginning there. That is good. It is better than nothing and it is one approach. Two weeks ago in Quebec, there w

International Trade committee  On the contrary, it is never too late. Canada has a very good reputation when it comes to clean technology, starting with water. Internationally, Canada has a very good reputation regarding the quality of its clean water technologies, waste processing, and confining waste. Certa

International Trade committee  Yes, utterly. As a businessman, I have to travel on a regular basis to various countries in the world. It is clear that we are not being cited as examples regarding our carbon market policies, and that is an area I know very well. Canada terminated the agreement and it had the

International Trade committee  You are talking about missed business opportunities. In Quebec, where we are established, certain Hydro-Quebec calls for tender encouraged projects in wind energy and biogas. We own a power plant fuelled with biogas in the Miron quarry in Montreal. It is one of the biggest in Ca

International Trade committee  So there is a precedent in that regard. I can tell you that I met people who invested because we believed that the Kyoto Protocol would be extended, and those people lost their shirt. This time we cannot fail. Since the provinces have already gotten on board and created a carbon

International Trade committee  The market that includes Quebec, California and Ontario as well as the State of Washington, which is getting ready to join in, is extremely dynamic. It works, and takes advantage of certain mistakes that were made in the context of the Kyoto Protocol. For this market to continue

International Trade committee  Something else is very important for clean technology development. We have seen that some European countries have quickly developed clean technologies, especially France and Finland. They set a price on carbon. They have a carbon market. Quebec just created a carbon market in c

International Trade committee  I may add that when we are making a good profit I'm happy to pay my income tax to the government, because if you make a profit it means you are successful. It's normal to pay tax to the government, so to have a tax break of 2%—

International Trade committee  I can answer the question. I walked through the valley of death myself. I nearly died of thirst. I am convinced that the tax credit for commercialization is simply an extension of an existing program. The idea is to make commercialization expenses eligible. We limit them only to

International Trade committee  Yes. Of course, we cannot say no to such a measure. But again, we think that the tax break on the commercialization effort over the long term, as we proposed, the tax commercialization tax credit is a perennial measure that will be more helpful than a tax break of 2%.

International Trade committee  We undertake build, own and operate projects. We are infrastructure owners. We've owned a plant in El Salvador. We have a methane capture facility in Alabama, which we are in the midst of refinancing to increase its capacity. In fact, we're talking to the people at the EDC, which

International Trade committee  Thank you. I am also the president and CEO of Biothermica carbone. We've been around for 27 years. We export technology. We are an integrated developer. We just completed a major carbon transaction in the California market thanks to a facility entirely paid for by us to reduce