At a conference in Ottawa, representatives from Canada's heavy industries, including cement, aluminum, hydrogen, and power sectors, stressed the importance of ambitious and consistent government policies to facilitate investments towards net-zero targets. The Canadian Climate Institute and the Net-Zero Advisory Body recommended setting a 2035 emissions reduction target of 50% to 55% below 2005 levels on the way to achieving a net-zero goal by 2050. Industry players highlighted the risks posed by political and policy uncertainties to carbon competitiveness, emphasizing the need for a clear long-term view for making investment decisions. The challenge of attracting investments efficiently while safeguarding existing industries and fostering clean energy sectors was also discussed. Prime Minister Trudeau's government faces uncertainty around its climate policies, especially with the upcoming election and opposition from Conservative Leader Pierre Poilievre. Industry stakeholders are concerned about the impact of potential policy changes on their investments in emissions reduction, particularly regarding issues like carbon tax and market uncertainties. Hydro-Québec's CEO, Michael Sabia, emphasized the importance of managing the transition to net-zero without significantly increasing costs to consumers. The utility plans to increase clean-electricity capacity to attract new manufacturing and reduce fossil fuel use in Quebec, reflecting the global challenge of transitioning to clean energy. Sabia highlighted the substantial investments required globally to meet the 2050 net-zero targets, stressing the need for both tackling decarbonization challenges and seizing new opportunities in low-carbon industries for long-term prosperity. Despite the challenges faced by Hydro-Québec in meeting its ambitious goals by 2035, industry experts remain optimistic about the energy transition, emphasizing the importance of a relatively smooth transition to achieve net-zero targets.