Thank you, witnesses, for joining us today. I'd like to direct this to all three of you. We occasionally or sometimes frequently hear about the cost of investments required to transition to a clean and renewable grid, as though that should be a barrier to moving forward with ambition.
I'd like to give you each an opportunity to speak to the cost of inaction. What would be the impact on the Canadian economy, Canadian residents, of unmitigated and rising temperatures?
Merran Smith, I'll let you go first. Thank you.