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

Finance committee  Just to clarify my comments, we are going to see large emitters pay about $200 million per year into the industrial component of the program. There's been some discussion already on revenue recycling, that it should go to the province from which it came and all of that. That's fi

Finance committee  We operate in the world of what we have. What we have is a system, a regulatory system, that we need to meet. Basically, we do not see our competitors having to meet that system. So we are very concerned about leakage—

Finance committee  —and we think there could be solutions for leakage. We're not necessarily saying that we need to tax them on their way in. We need to look at ways, though, that support the domestic industry's carbon objectives without having those unintended consequences—

Finance committee  —that you've identified in your question.

Finance committee  Yes.

Finance committee  Yes. The facts we can talk about specifically are the transportation costs. Of course, to your earlier comment, our industry is also in a regulatory framework that has seen us improve our emission portfolio and our emission profile. But on a transportation level alone, we would h

Finance committee  Yes, I must say that we are very happy with the outcome of the CUSMA, with what it looks like. In fact, I've been on the public record on several occasions now to say that the Canadian Steel Producers urge the swift passage of CUSMA. It is a very good deal for the steel sector. I

Finance committee  Actually, we feel that CUSMA very much strengthens the North American content requirements both in the rules of origin and in the subsequent down-the-road additional criteria in seven years time, specific to auto. From our perspective, this really does strengthen the competitiven

Finance committee  Well, I've mentioned the trade remedies, and I'm going to say that they will continue to always be there, given the situation. Then I also talked about—and I hope you took note of it—our interest in generating solutions to reduce our carbon footprint. We are a large emitter, but

Finance committee  Yes. As I tried to allude to in my remarks, we think that's an excellent opportunity, and it's one that can be managed because we know that when we use Canadian steel in Canadian projects, we have a very significantly reduced carbon footprint compared with some of those foreign i

Finance committee  Yes, I think we should be looking at our own domestic procurement policy as a starting point to show how it can be done and to show how it's supportive of lower-carbon-footprint steel in our marketplace. Then we can pursue discussions with others—that's fine—but I think we should

Finance committee  The removal of the tariffs was a very important step for the Canadian steel industry, as you can well appreciate. They really eroded our competitive position. As I mentioned already, that saw a lack of investments coming into the industry. Now that they've been removed, we've a

Finance committee  Absolutely. I'm assuming you're talking about the investment assistance through the strategic innovation fund that took place as a result of the tariffs. It's important to understand that the tariffs had a deep and relentless effect on the Canadian steel industry. They were uncal

Finance committee  It's important to recognize that the government was working with what it could. Definitely, the SIF program generated important investments that focused on our competitive position, started some of our green transformation, and helped to ensure that our industry had an opportunit