Bill C-30 (39th Parliament, 1st Session) committee  Merci. Thank you very much. Thank you, Mr. Chairman, for inviting Hydro Québec to share with you and the members of your committee our position as well as comments on Bill C-30. I will be speaking in French. You have been provided with my notes, and I will be commenting on each

Bill C-30 (39th Parliament, 1st Session) committee  I can provide you with part of an answer. We would be looking for a fluid market. A domestic market would be much too small to provide the investors with the necessary fluidity, so the next-best thing would be a continental market, ideally an international market. The objective

Bill C-30 (39th Parliament, 1st Session) committee  We needed the available resources. We have been intensifying our development in the last ten years or so. We now have power to sell. We are undergoing negotiations with Ontario for a long-term contract. The various elements of these negotiations are still private, but as I stat

Bill C-30 (39th Parliament, 1st Session) committee  Thank you. I would like to thank you for your question about hydroelectric development and the approval process, because it gives me the opportunity to say clearly that Hydro-Québec does not recommend that the current act be amended. The main problem that we have is that, owin

Bill C-30 (39th Parliament, 1st Session) committee  That kind of certification does not really exist, but our energy is recognized as renewable energy. The problem that some people have had in interpreting the rules is that, by claiming us as a source of renewable energy, the Americans thought that we were trying to tap into their

Bill C-30 (39th Parliament, 1st Session) committee  Yes, as soon as the markets are clear. That is why we are recommending that Canada set up an energy trading market. That way we can trade credits. We can have our credits recognized and accumulate them. We need to have a trading and transaction mechanism.

Bill C-30 (39th Parliament, 1st Session) committee  Quebec's provincial credits will not be penalized. We sell to an energy exchange, and our energy is recognized as being clean energy. We are not worried about penalties. The challenge really involves large dams versus small dams.

Bill C-30 (39th Parliament, 1st Session) committee  Yes.

Bill C-30 (39th Parliament, 1st Session) committee  Most Quebec houses are heated with a hydro-electricity source. My answer to your question is “Let the client decide”. We're not pushing them in any direction, but we have fairly good rates.

Bill C-30 (39th Parliament, 1st Session) committee  Hydro Quebec has been a silent observer, and I will be that silent observer today.

Bill C-30 (39th Parliament, 1st Session) committee  I will start with a first comment. I was going to say that I agree with TransAlta, but on this specific point, the technology fund, we do not have the same perspective. Of course a technology fund could be interesting, but let's not lose sight of what the goals are. We are looki

Bill C-30 (39th Parliament, 1st Session) committee  Moving into the intensity question is a compromise. Let me say it in French. The objective will not be met.

Bill C-30 (39th Parliament, 1st Session) committee  We believe that absolute targets should be set immediately rather than taking an intensity approach.

Bill C-30 (39th Parliament, 1st Session) committee  It is very clearly when the project is operational.

Bill C-30 (39th Parliament, 1st Session) committee  To come back to Mr. Caillé and that parliamentary committee, the aim was to make the government aware of the fact that imposing a target of 6% below on a non-emitter created a much greater burden than imposing the same target on an emitter. We wanted to point out that Quebec's sp