Thank you, Madam Chair.
Thank you to all the witnesses.
And good morning to my colleagues.
I think I will direct my question to Mr. Scholz of the Canadian Association of Energy Contractors, Mr. Wilson of the Canadian Renewable Energy Association, and Mr. Bradley of Electricity Canada, as I assume they are the three who are best‑placed to answer.
We know that Canada has access to deposits of natural resources needed for batteries. Quebec, in fact, has good mineral potential, whether it be lithium, nickel, cobalt, graphite or silicon.
According to the US law, for a vehicle to be eligible for the maximum credit of $7,500 US dollars, a certain proportion of its parts must come from North America. This proportion will gradually increase to 50% by 2024 and then to 100% by 2028. These are the objectives they set, and they are good ones. Of course, we always want to encourage our own businesses. However, according to some auto makers, meeting these requirements will be very difficult because mineral production will not meet the demand as estimated and assessed. This could change, but it is how things are at the moment.
According to the US law, the credit for purchasing zero‑emission vehicles can also be applied if a certain percentage of the content is recycled material. There is therefore the issue of recycling.
Would it not be in our interest to develop a recycling strategy and the sector here?
