Finance committee  Thank you for that question. My name is Paolo Mellow. I'm executive director of the low-carbon fuels division at Environment and Climate Change Canada. I have not come prepared to speak to the costs. However, an economic assessment accompanied the final regulations. That is publ

Finance committee  I would prefer to follow up in writing, because there is a suite of economic assumptions made around the analysis. I would not want to misrepresent any of the costs without having that framework. We absolutely can respond in writing.

Finance committee  Again, that economic analysis will include cost estimates to government for administering the regulations.

Finance committee  Thank you. My name is Paola Mellow. I'm the executive director of the low-carbon fuels division at Environment and Climate Change Canada. If I understood your question correctly, it was with respect to carbon pricing. What we are talking about here today is an amendment to the

Finance committee  There is a suite of compliance options underneath this regulation. As I stated, the option to comply through investment into the compliance fund mechanism is only 10% at most in a year. The regulation itself is based on a credit market. Regulated parties, such as refineries, need