Thank you, Mr. Chair. During committee's review of the early stages of the carbon tax bill, the committee wrote to the department several times and encouraged them to bring forward reporting like this. There are models of carbon pricing in Canada, most notably in British Columbia, that require a tax plan to be tabled every four years, in the BC legislature, that clearly lays out how all of the money is being raised, where it is coming from, and where, ultimately, it is going to be spent. That is part of their budgetary process.

That kind of transparency and clarity is, the committee believes, the best way to ensure that we can guarantee to Northerners that the revenues raised from this new tax are going to their intended purposes. Without formal reporting like this, there will be no way to independently verify that the tax is largely revenue-neutral and being committed towards clean growth and climate change mitigation.

This is a crucial motion. We have had a commitment at the clause-by-clause review at the committee stage that the government was working on something. We were a bit dismayed that it was not in the bill proper, but hopefully, the ultimate reporting on carbon tax follows this recommends, and the public is able to see quite clearly how these revenues are being raised and what they are being spent on. Thank you, Mr. Chair.