Finance committee  I think it would be fair, but I'd hate to speculate without having those specifics in front of me. In terms of balance—

Finance committee  Sorry, what's the second component?

Finance committee  That's a challenge, but I will try my best. On the long-term transformational, I'm not talking about our entities looking to the public purse to pay for the $350 billion over 20 years. We've been achieving that roughly the last number of years, $15 billion a year. What we're talking about is when you go to the regulator, let's say in Ontario, and you look at doing a pilot project, or green technologies, or wiring remote communities, they will say no, because their remit is to keep prices down.

Finance committee  Obviously, electricity, like other energy constituencies, is provincially wired, but also when it comes to electricity, the federal government has a significant role because there are some 34 departments or agencies of the federal government that are in the policy space of electricity.

Finance committee  We are. In fact, we've also communicated that to a number of the federal actors. We recently had a meeting with the president of CEA. We also met with the minister of NRCan and the deputy minister of Fisheries and Oceans. When an environmental assessment provides the approval, we, for example, want that approval to mean something.

Finance committee  It's reunion evening. Thank you very much, Mr. Chairman. It's also good to see Mike. Thank you for the invitation to appear before the committee. First, a few words on our association, the CEA remains the national voice and forum for the electricity sector across Canada. This year we celebrate our 125th anniversary.