First of all, you're asking exactly the right question about transparency around data centres. We need to build Canadian infrastructure. Either we build it or we rent it back from someone else who is going to build it, and Canadians will be charged for it. However, we have to build it right.
Quickly, there are three things.
One is that power allocation is the purview of all the provinces. The provincial regulators allocate it. It's not the federal government that allocates it. I have talked to all of my counterparts to make sure that when they're allocating power—and this is provincial—they should make sure that ratepayers are not paying more. That's a provincial jurisdiction.
When we enter, we have an enabling large sovereign infrastructure fund to use when we are looking at data centres. We have criteria on what we will partner in. You might notice that we've begun a partnership with Telus in British Columbia for three data centres. They're hydroelectric, with a closed-loop water system, which means they reuse the water. The heat is going to be used to heat 150,000 homes. As they say, they want to use every molecule twice. It's transparent, so you're right about all of that, and it's not putting pressure on ratepayers so ratepayers are not paying more.
You're asking the exactly the right questions. We are making sure, from our end, that if the Canadian government is supporting those data centres, they're done right.
