Finance committee  Can I just clarify? Are you asking for innovation related to climate or—

Finance committee  Oh, you meant to climate specifically. We have some very interesting beginnings of collaborations going on, whether it's to look at long-term transformation of the steel production process to get rid of the use of carbon entirely.... By the way, we're working with the coal ind

International Trade committee  Thank you, Madam Chair and members of the committee. Thank you very much for the opportunity to be here today. My name is Catherine Cobden. I'm the president of the Canadian Steel Producers Association and it's my honour to share the perspectives of our members on Bill C-4, an a

International Trade committee  Are you calling on me? I didn't think it was for me.

International Trade committee  As I've mapped out, the agreement does a number of things that drive demand, which is fantastic in terms of North American steel, not just Canadian steel. The agreement also does another thing. We were just talking about investments and the point I wanted to add into the conversa

International Trade committee  Yes, it's been dropping.

International Trade committee  I don't know the answer to that, but I actually doubt that it has increased.

International Trade committee  Correct.

International Trade committee  What I was talking about was really the issue of certainty. The most important aspect—

International Trade committee  Yes, I know what—

International Trade committee  What I know is that the U.S. market will continue to be critical for us, and this agreement helps to ensure that we can serve it. Whether there will be—

International Trade committee  What is 90%?

International Trade committee  I'm not sure that would hold today, because we have had some changes in the ownership structure of the Canadian steel industry, which you may be familiar with.

International Trade committee  No, I really do believe that North America is our marketplace. That's how it shows up, that's how it's always showed up and that's why this agreement is really important to us.

International Trade committee  You have to appreciate that we produce a very heavy product, for one thing, and we're in the context of global overcapacity. I tried to describe that to you earlier. I think that our interests—and that's what served us so well in this agreement—are in the North American marketpla