Thank you, Mr. Chair.
Thank you to my colleagues for allowing me to join you today.
Thank you to all the witnesses for your very interesting contribution to this dialogue.
Since my background is that I have done some energy regulation as a lawyer and, until my election, sat on a board of a local distribution company in Ontario, my questions will be reserved for Mr. Bradley.
I think you said the largest barrier to innovation and electricity is the cost of the technology. At the distribution level as apart from generation, with a regulated industry, with rate basing every four years, how seriously can distributors innovate, because they're essentially setting prices based on what happened four years ago? Do you see any innovation in the regulatory sense for the sector?