Yes, I'm happy to pick up on both of those comments and expand a little more. It's certainly something that ESC continues to feed into multiple federal processes, as well as through our own engagement in the pre-budget submission and others.
To quickly touch on the investment tax credit side, right now as they stand, some storage technologies—and specifically thermal energy storage, which has a considerable role in heat to power—are excluded from these tax credits. That means storage in and of itself and the many opportunities presented by the various types of storage technology, beyond just grid-scale benefits, are not eligible for the suite of tax credits that could fundamentally reshape how we make some of our energy decisions.
On the restrictions piece, in the federal budget in November, we saw a nod towards the opportunities for domestic content provisions in projects. ESC, obviously, as I stated in my remarks, is very supportive of pursuing a domestic supply chain, but we cannot risk current projects that are under way, that are securing resources and that have implementation timelines that could be impacted by decisions that change project dynamics over a short period of time.
The way that ESC has often approached this challenge—and it's certainly something that has come up across multiple provinces—is to ask, “How do we this in a phased way that allows for projects to continue while fundamentally supporting a future growth scenario for the resources?” There are certain components that could be secured domestically much easier or in a much shorter timeline. Those are the ones that we would encourage the government to focus on first, and then it can phase in further domestic content adoption over a longer period of time.