Thank you, Madam Chair.
I really appreciate this discussion this morning.
Mr. Pineau, I think it was you who just said that societies are electrifying to an unprecedented degree. When I look at modern homes being built in Canada, that includes charging infrastructure for an EV, a heat pump for heating and cooling, a stove and oven that are electric or induction, a heat pump dryer and a heat pump water heater. Then, tack onto that the electrification of industrial processes, such as electric arc furnaces, steel production and, as was mentioned, data centres and AI.
I think you've already said that this is a global trend, but I just wanted to be clear on the record that this is not an ideological choice. Societies around the world are moving this way because these technologies are better, cheaper and more efficient.
Could you offer some comment on that?