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Finance committee Yes, but that choice has to be made on sociopolitical and economic grounds, along with everything else involved from the decision-making standpoint. It's essential for us to remove any political uncertainty and have a predictable carbon pricing structure. We won't be able to pr
November 13th, 2023Committee meeting
Jean Simard
Finance committee Timelines need to be as short as possible, without of course ignoring important consultations and scientific data. Predictability is a key factor, like location in the real estate sector. As for harmonization among the various levels of government, what's most important is reach
November 13th, 2023Committee meeting
Jean Simard
Finance committee The fact is that 90% of Canadian production is in Quebec, where there are carbon offsets, and 10% of production is in British Columbia, where there is a carbon tax. So both systems are in use. The important thing for us is predictability, which is the word that has been used fro
November 13th, 2023Committee meeting
Jean Simard
Finance committee If we want it topped up, there are procedures to follow.
November 13th, 2023Committee meeting
Jean Simard
Finance committee India is another example.
November 13th, 2023Committee meeting
Jean Simard
Finance committee If you're referring to what we call border carbon adjustments—
November 13th, 2023Committee meeting
Jean Simard
Finance committee Like what has come into force in Europe and what the Americans are considering in their trade with Europe, the Global Arrangement on Sustainable Steel and Aluminum, we're certainly very much in favour of that. Our competitors, where we export 90% of our metal, to the United Stat
November 13th, 2023Committee meeting
Jean Simard
Finance committee Yes, that's right. Currently, investments in the aluminum sector are not included in this program.
November 13th, 2023Committee meeting
Jean Simard
Finance committee My understanding of the decryption of the information we have is that the government will clarify the situation on the application of these tax measures in the coming months. It will then establish when these legislative measures will come into force. That's the first thing. Giv
November 13th, 2023Committee meeting
Jean Simard
Finance committee Mr. Chair, ladies and gentlemen, good morning. Thank you for this invitation. The members of the Aluminum Association of Canada are responsible for 100% of the primary production made by Alcoa, Rio Tinto and the Alouette aluminum smelter. This morning, my talk will focus on our
November 13th, 2023Committee meeting
Jean Simard
Industry committee The series is a type of aluminum. You have the 4,000 series, the 5,000 series and stuff like that. Basically, if you are using aluminum in an aggressively saline environment, such as an offshore situation, you will need a specific series that will not corrode in that aggressively
April 17th, 2023Committee meeting
Jean Simard
Industry committee I would say the most strategic challenge, right now, is the sorting of aluminum coming from streams such as automotive or consumer packaging. You either avoid using multiple materials, including aluminum, when designing packages—in order to enable tracking the aluminum and brin
April 17th, 2023Committee meeting
Jean Simard
Industry committee Aluminum, some will say, is eternally recyclable or indefinitely recyclable and doesn't lose its key characteristics. It's a very sustainable material. One of the key benefits of recycling aluminum is that you need only 5% of the energy that is required to do primary metal when
April 17th, 2023Committee meeting
Jean Simard
Industry committee Thank you for the question. In fact, we recover certain percentages depending on the source of the materials. In the residential, commercial and institutional sectors, for example, we recover 35% of residual materials. In the case of cans, we recover 66% of these materials. In t
April 17th, 2023Committee meeting
Jean Simard
Industry committee This is also a question we ask ourselves, as we are focused on achieving results. Again, I come back to the systemic and structural problem in Canada: we don't have a critical mass. We get a lot of requests from entrepreneurs in the Saguenay region, among others, who dream of se
April 17th, 2023Committee meeting
Jean Simard