Madam Chair, there are two things. I'll talk about electric vehicle charging networks, and then I'll discuss fleets, if I may.
On charging, just to clarify, the announcement in the auto strategy that came out last week increased the government's target for us to invest up to $1.5 billion in electric vehicle charging. That is not new money. That is of our $45 billion as requested in the budget. That is the government as a shareholder saying that, of our $45-billion portfolio, they expect, in the long term, $1.5 billion of that to be in electric vehicle chargers. Previously, that target was lower. They're just increasing that target from $500 million to $1.5 billion.
We're a portfolio that's investing in sectors. Therefore, the government's job is to tell us where we should prioritize and how to allocate that portfolio in trade, energy or EV charging. That's what the EV charging money is for.
