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Investor Presentaiton

How We Got Here: Moving Goalposts Federal Liberal government announces plan for national carbon pricing that was not to exceed $50/tonne Natural gas-fired generation emission regulations setting emission intensity limits for new facilities 2016 2019 Canada commits to achieving net-zero by 2050 2020 2012 Federal Conservative government introduces regulations for the retirement of coal depending on the age of the unit and/or 50 years of operation 2018 Federal Liberal government amends regulations to remove 50 year consideration and comply with emission standards by 2030 Carbon tax comes into effect and will reach $170/tonne by 2030 2019/2020 2022 Canada introduces an emissions standard for the electricity sector, to reach net-zero emissions by 2035 ??? Anticipated publishing of the Clean Electricity Regulations 2023 2024 - 2035
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