Absolutely.
As we see—and I'll use buildings as an example, as that's my area of knowledge—in creating this integrated system and having energy resources as part of that system, which is made up of buildings, transportation and industrial processes, the building can act as a host for electrification and as a host for electrification resources. To do so, the first step is to improve the energy efficiency of a building and lower the energy demand, which involves either high-performance new construction or retrofitting buildings. With the state of our buildings—many of the buildings we have in place today will still be standing in 2050—that retrofit work is significant.
We also have the development and implementation of energy resources. That could be a combination of, say, solar or other renewables paired with battery storage. In addition to providing good flexibility and stability, there are jobs associated with that but also with the innovation of those technologies, things like smart controls.
Through our work, we've seen that Canada is well suited to developing innovation pathways and export opportunities.
