Maybe I'll start off and then let Ahmed respond as well.
You have to remember that this sector is almost 80% clean. In Canada, 60% of electricity is based on hydro power and another 15% is nuclear. The renewable capacity is growing significantly.
In terms of the coal capacity, it is based on capital stock turnover. We're going to see 93% reduction in coal by 2030 based on current regulations, which were introduced by the previous government. We are on a path to major reductions in greenhouse gas emissions, so with the recently announced regulations, we can expect to even accelerate some of the reductions going forward.
What I also want to mention is that we need to think about the regional impacts since not all the provinces are created equal. Some provinces will have big financial impacts because of the phase-out of coal and other forms of generation compared with other provinces that are predominantly hydro.
There are just three final points I want to make. We need to think about and minimize the impact to Canadians on their electricity bills. As well, we have to make sure that the system we have is safe and reliable and also gives investor confidence to undertake that transition from coal to other forms of generation. Those are three important pillars that I would emphasize.