Thank you, Mr. Chair.
Mr. Cory, at a previous meeting of this committee, you indicated, “In the medium term, we were going to be importing energy that would be less carbon intensive than using gas to fill baseload in Ontario. That was our analysis.”
That begs a question about the short term and the long term. After this project was set to come online if the investment had gone ahead, what were the short-term assumptions around imports and exports of clean energy and the long-term assumptions around imports and exports of clean energy?
In other words, to Professor Winfield's earlier point, at what point was Ontario going to be exporting clean energy? You say that in the mid-term they're not going to be, that we're going to be importing clean energy. I assume that's a net. When is the net export of clean energy from Ontario going to happen, in the bank's initial analysis?