Hon. Marc Gold (Government Representative in the Senate): It is misleading, with all respect, to attribute the challenges of food prices to the carbon tax, to the price on pollution. Most reputable economists understand that this is the most effective market-driven policy tool to reduce and incentivize pollution reduction. Capital markets are telling our oil patch and our creative producers in your province and in others to do so.

This government is committed to the path of continuing to address climate change through a suite of tools, of which the price on pollution is one, while investing in our companies and in our human capital to make sure that Canadians benefit from the transition to the economy of tomorrow.