Thank you for the question.
My general feeling, from our conversations with the provinces and territories, is that there's a general recognition across the board that moving to a clean electricity system is critical.
I was just looking at some of the stats, and I think that over three-quarters of the country is committed to net zero by 2050, including provinces like Saskatchewan and Alberta. There's also a growing recognition that to have a comparative advantage to attract foreign direct investment, you need to have a clean grid. That's how Ontario did it, that's how B.C. did it, and that's how Quebec is doing it.
I think those market trends are helping all jurisdictions understand the criticality of a clean grid.
Getting there has all sorts of challenges attached to it. At the federal level, we're taking advantage of the strength in our convening power, whether through the regional energy and resource tables or the Canada electricity advisory council, to be able to have those conversations around how we could help provinces and territories get to where they need to go and how to get the best advice we can from the experts to move us in that direction.
At the federal level, we're also able to provide tools and levers that could help motivate markets in the right direction, whether it's the $4.5 billion that has been put into the SREPs program, the $100 million in the renewed smart grid program, or the ITCs that help create the investment conditions that motivate investment in the grid. Those are some things the federal government is doing.
Without a doubt, the provinces do control their electricity systems and make those decisions, but the convening power in those conversations is absolutely moving in the right direction.