Thank you, Mr. Guay.
The Institut de l'énergie Trottier published a report on this last October. The world is already using transportation technologies to electrify modes of transportation. Canada doesn't produce those technologies.
We've identified sectors where Canada could be a leader. Canada could develop an expertise in off-road transportation, such as in mines. The same is true for industrial heat pumps, such as heat pumps for the manufacturing and agri-food sectors, where there is no global structure or expertise. These technologies are still being installed and optimized on a very small scale. However, if Canada had a real program, it could create an efficient service industry and potentially start exporting. Those are some examples.
In fact, Canada produces none of these technologies at the moment in the major industry, in the manufacturing sector, in building and in transportation. As time goes by, the possibility for Canada to develop original niche markets diminishes, but certain niche markets, such as the ones I mentioned, are possible.
That said, you need more than just tax credits to get there. There needs to be a real strategy to allow investors in the service sector, for example, to train staff, establish supply chains with product suppliers and develop expertise to guarantee long-term optimization.
The programs currently used are driven by demand, so there's no structuring. We see it: People in the industry install heat pumps, but when they break down, and they aren't replaced, because we lack a properly created smart ecosystem that allows Canada to turn to modern technologies.