Thank you.
I would like to thank you for your question about hydroelectric development and the approval process, because it gives me the opportunity to say clearly that Hydro-Québec does not recommend that the current act be amended.
The main problem that we have is that, owing to a Supreme Court ruling, the federal government exercises its jurisdiction in environmental areas through the Canadian Environmental Assessment Act. When it comes to assessing hydroelectric development projects, the Quebec government has longer and broader experience than the federal government, which is to be expected. I have no axe to grind here. However, we need to avoid having different timetables or duplication of two parallel systems. Each jurisdiction can carry out its responsibilities, but greater harmonization between the two levels of government regarding the timelines for the process and better knowledge of the files will certainly contribute to streamlining the process. Emphasis needs to be put on reaching the finish line.
Regarding the fisheries issue, special attention needs to be paid to the regulations. The development of wind energy is hampered by rules that change from one year to the next, whether we are talking about actual rules or tax incentives. Investors need stability and predictability. Having rules that are clear, specific, stable and predictable will definitely provide an incentive to the sector.