I would say that there is growing recognition here in Canada and around the world that we are going to have to dramatically increase the amount of clean electricity that is being produced so that we can switch fuels in various sectors to decarbonize them. Most knowledgeable folks are saying that it is going to require a doubling, tripling or even quadrupling of the amount of clean electricity generation that we have.
Nuclear is, and has been for decades, a very important source of clean electricity here in Canada. It's increasingly clear that we can take advantage of these small modular reactors to meet many of our needs, but also increasingly clear that we're going to need large nuclear reactors as well.
As we look to working through the details of the investment tax credit, we absolutely need to ensure that the investment tax credits are extended to large nuclear reactors, as they have done in the United States. We have to be cognizant of the fact that here in Canada most of our large clean electricity projects are driven by Crown corporations, Crown utilities that are non-profit organizations. The ITCs need to be expanded to include not only large nuclear reactors, as they have done in the U.S., but also modified to be able to accommodate the non-profit nature of the Crown corporations that are driving this clean energy revolution.