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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.

February 20th, 2007Committee meeting

Marie-Josée Nadeau

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.

February 20th, 2007Committee meeting

Marie-Josée Nadeau

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

February 20th, 2007Committee meeting

Marie-Josée Nadeau

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

February 20th, 2007Committee meeting

Marie-Josée Nadeau

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

February 20th, 2007Committee meeting

Marie-Josée Nadeau

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

February 20th, 2007Committee meeting

Marie-Josée Nadeau