Finance committee  Yes.

Finance committee  We proposed amendments in our submission, but I'm unsure whether one of you is interested in advancing them. We'd be happy to chat about this, if so.

Finance committee  Yes. I think the key thing here is that these are—

Finance committee  Yes, absolutely, Derek.

Finance committee  Thank you for the question. We have provided a map as part of our submission that gets into where individual electricity companies are impacted. The primary areas are in Nova Scotia, as Derek outlined, but also in Alberta and in parts of British Columbia. It depends on what that

Finance committee  I'm sorry. Could you please repeat the question?

Finance committee  It would be any private company. The exemption we're looking for is for those that operate in Canada in a regulated utility market. I think Derek would probably be in the best position to talk about the relationship between a parent company and a local affiliate, given the natur

Finance committee  That's why we're being very specific in where our push for the exemption is, which is just on regulated utilities in Canada on the gas and the electric side. These are companies that work through provincial regulatory processes like the Régie de l’énergie in Quebec or the Nova Sc

Finance committee  Thank you, Chair. Good afternoon. Electricity Canada is the national voice for the electricity sector. Our members generate, transmit and distribute electricity in every province and territory. As the chair said, joining me today is Derek Smith. He's the VP of corporate tax at E

Natural Resources committee  Yes, if we take a step back, if you think about building, say, a carbon-capture facility on a power plant, that's potentially certainly $1 billion, maybe $2 billion. As an asset, it will last many years—20 or 30 years. There is a policy risk for change in some of the financial as

Natural Resources committee  If we're being honest, there's just a lot of uncertainty, period, right now in terms of where some of the pieces are. There are the financial tools that are still being deployed. We're working through the clean electricity regulation process, and there is uncertainty going forwar

Natural Resources committee  It's a little bit of everything—or it's a lot of everything. We've heard a lot of it. It's more hydro, more nuclear, more renewables and more batteries. I think part of it will come down to innovations with demand management of the distribution system, but we have to get creati

Natural Resources committee  No, we haven't, but our members, such as the IESO, have modelled some of these things out. We can look to see what's publicly available and share them. Some of that has been mentioned in terms of things like integrated resource plans.

Natural Resources committee  We've identified a few things. One is literally just making sure that we're able to match the regulatory tools we have with the challenges ahead of us. Some of that is in terms of building. Some of that is in terms of economic regulation, which is at the provincial level. I jus

Natural Resources committee  I think it's a big one. That's one of the reasons you see companies locate in Ontario and Quebec. It's not something we can take for granted, though. As the system grows, we have to make sure we keep the system as clean as it is and cleaner, but that it remains reliable and it re