Great. Thank you for the question. I'll also invite my colleague Kaylie to weigh in on this.
We have no issues with the labour conditions that were attached to some of the investment tax credits. It's important to also reflect on the parameters of those labour conditions, which were very much modelled on what was done in the U.S. through their Inflation Reduction Act legislation but were very much focused on the construction and building of some of these big capital assets, like factories and different plants.
One of the concerns we had was the lack of extension of those same credits to look at it through the production phase of the operation of some of these factories. However, we're certainly happy with the fact that some of these labour conditions have been put in place.
Our view on this is certainly not to replace this approach but to build on the spirit of it. That's why, in our opening remarks, you heard us speak about the importance of connecting some of these big public-funded projects to union neutrality provisions. We know the prevailing wage exists for the construction phase of a project, but moving forward, make sure that the investments Canada puts into these projects ensure that these employers receiving the benefits of that public funding, whether through tax credits or direct subsidies, stay neutral when employees choose to explore joining a union or accessing collective bargaining.
We think there's ground to gain here, but it's certainly a wonderful provision that was introduced by the government through these credits.