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Natural Resources committee  Certainly, the bioeconomy is very interesting, and there are some real opportunities there, but I will turn to Mr. Hargrove on the more detailed points.

March 21st, 2023Committee meeting

John Hannaford

Natural Resources committee  At this stage, as I said, we are still working up with the provinces and broader stakeholder groups what the next stages are here. I'm not sure that we have specific numbers, although it's possible that ESDC will have more specific numbers than we do. I'll turn it back to Ms. Sc

March 21st, 2023Committee meeting

John Hannaford

Natural Resources committee  Yes, we're certainly very mindful of that. I've mentioned the word “opportunities”, and I think we do see that there are enormous opportunities in all parts of the country. On the east coast, we're seeing enormous interest in hydrogen production, for instance, onshore right now,

March 21st, 2023Committee meeting

John Hannaford

Natural Resources committee  We're part of the team. There's a very active and detailed process under way within government. I would say that the role we play is partially to provide expertise with respect to the electricity sector, partially to provide expertise with respect to some of the broader regulator

March 21st, 2023Committee meeting

John Hannaford

Natural Resources committee  No, Erin is fine. Go ahead, Erin.

March 21st, 2023Committee meeting

John Hannaford

Natural Resources committee  I will absolutely follow up on the details with the person you're referring to if you can give me their.... Thank you.

March 21st, 2023Committee meeting

John Hannaford

Natural Resources committee  These are cost estimates. The cost estimates have increased over time, and, as the minister said, those include issues of inflation and supply chain issues. They include some of the terrain that's been operated on and some extreme weather events. Those add up to an increase in th

March 21st, 2023Committee meeting

John Hannaford

Natural Resources committee  We'll certainly follow up with the Department of Finance and see what is possible to provide.

March 21st, 2023Committee meeting

John Hannaford

Natural Resources committee  I'll turn to my colleague Mr. Labonté.

March 21st, 2023Committee meeting

John Hannaford

Natural Resources committee  To date, very broad-based consultations have gone into the development of the plan with respect to next steps. I'll maybe turn to my colleague Ms. Scharf to talk a little bit about some of the future steps.

March 21st, 2023Committee meeting

John Hannaford

Natural Resources committee  Again, I think a more detailed conversation may be better placed with our colleagues at Finance. I will say that this has been subject to review by outside financial advisers. The advice they have given is that the financial option that's being considered and the asset value cont

March 21st, 2023Committee meeting

John Hannaford

Natural Resources committee  As I said, the government has committed to not increasing any public spending with respect to this. This will be privately financed. We've received advice that is specific to these points.

March 21st, 2023Committee meeting

John Hannaford

Natural Resources committee  Certainly this has been a very well-subscribed program. We've had a lot of interest. It's important that we engage in the exercises that we are engaging in because the built environment is a great source of emissions. Having the kinds of retrofits that are facilitated through the

March 21st, 2023Committee meeting

John Hannaford

Natural Resources committee  The two billion trees objective is to plant two billion trees in 10 years. That is a marathon, not a sprint. We are engaged right now in a series of conversations with jurisdictions across the country to enter into agreements in principle and then ultimately funding agreements. I

March 21st, 2023Committee meeting

John Hannaford

Natural Resources committee  I think there's no question that the importance of electrification is central to a lot of the opportunities that we have right now, and I would say that's a feature of the regional table conversations that I've mentioned now repeatedly. It's also a feature, I think, of some of th

March 21st, 2023Committee meeting

John Hannaford