I really appreciate that question, because the thing is, in order to electrify our economy, we need to double our grid. The goal is to change how we heat and cool our homes, how we power our vehicles and how we power our industries. To do that, we need energy.
Canada is already in a great place, because we have one of the cleanest grids in the world. It's just over 80% clean, so we're starting from a great place. However, what I also hear when I'm talking with provinces and territories is that they're “grid-constrained”, so we need to build a stronger grid.
The electricity strategy that we released earlier this year goes exactly to that point. We need to double the grid, and that will allow us to make that switch to cleaner, more energy-efficient ways of moving around and, as I said, powering our homes and our businesses. That's the piece that we need to do. This bill fits directly into that, because it allows us to have the processes to make it easier for us to move some of these projects forward.
I mentioned earlier one project that I'm very excited about, which is Churchill Falls, because that is a massive amount of electricity. It will generate enough electricity to power every home in Montreal, Toronto and Vancouver combined. That is a massive amount of energy. The other piece I mentioned was that it's the largest clean-energy investment in North American history, and that's happening here at home.
I'll say one more thing about that, and then I would like to talk about a couple more.
The other thing about building all of this clean energy at home is that we control it. For instance, if we're in a moment where Canada wants to be strong, sovereign and energy-secure with people in homes that are being powered by electricity, we control that electricity. It's not open to global variances out there. I think that's a very important piece.
I'll add something quickly, because I know you have more questions. There are other things. Just in the past week, for example, there was further investment in wind west, and that's offshore wind. As somebody who lives in Toronto like you, I'm also really excited about Alto; I'm excited about high-speed rail that can connect communities. I'm also excited about building interties between provinces, so that we can share in our system and make it more effective.
I could probably go on for longer, but I see that you have something else you want to ask.