Francois Poirier: Yes.. It’s Francois. I’ll start and then I’ll ask Annesley to fill in the question. Just first of all, we’re very proud of the execution on Unit 6. That included over 100 force majeure days during COVID. So that asset was brought in ahead of schedule and on plan and very proud of the execution. And of course, we’re in a good place also on Unit 3, which is in the early part of its program, but over to Annesley for more detail.
Annesley Wallace: Sure. So in the near term, we certainly are very focused on the continued really strong execution of all six of the major component replacement projects. Seeing where Unit 6 has come in ahead of schedule and on budget, certainly gives us more confidence in the project execution for the remaining units. They are largely the same scope of work. And so being able to have one fully complete and back in service gives us a lot more insight into planning and optimizing the execution on the remaining projects. With respect to your question around future newbuild at the Bruce site, it is still extremely early days. As we’ve talked about, our focus over the near term will be on executing the existing refurbishment program, and that’s where the capital spend will be focused.
We are supportive of Bruce Power starting initial investigation into what new build would look like, Bruce C. And that’s on the back of extremely strong policy support in Ontario. And so we’re working closely with the government really just to explore what the possibilities might be at this stage.
Francois Poirier: And I will remind you, John, and the rest of our listeners, as we laid out at our Sustainability Day at Bruce earlier this year through the combination of price increases as well as bringing incrementally through the end of the decade, more units back into service, we’re expecting to see a fairly significant growth in the profit before tax from Bruce that is consolidated into our EBITDA.
John Mackay: I appreciate that update. Maybe just one last quick one, staying on maybe later dated projects. It looks like Ontario Pump Storage, FID timing maybe 25 versus 24 prior. And I think we were looking for kind of regulatory update end of this month. Maybe you could just kind of comment on those two. Thanks.
Annesley Wallace: Thanks for the question. It’s Annesley. So the development of the Ontario Pump Storage project is continuing. It’s a project that we are excited about. Again, there’s very strong policy support for it in Ontario. We also anticipate, and it would be a condition of us going ahead a commercial model that would be rate regulated, which will provide us with a strong framework going forward. If we do move ahead and you’re right, we do anticipate feedback from the government before the end of this year, an FID date would likely not be before sometime in 2025, and major CapEx would be even post to that date by the time we get into any significant construction.
John Mackay: I appreciate the updates. Thank you.
Francois Poirier: Thanks John.
Operator: Ladies and gentlemen, this concludes the question-and-answer session. If there are any further questions, please contact Investor Relations at TC Energy. I will now turn the call over to Gavin Wylie. Please go ahead, Mr. Wylie.
Gavin Wylie: Yes. Thank you, and thanks, everyone, for participating this morning. As Ariel mentioned, if you have any questions or if we didn’t get to your question, please contact the Investor Relations team. We’re always happy to help. We very much appreciate your interest in TC Energy, and we look forward to our next update. Thanks again.
Operator: This concludes today’s conference call. You may disconnect your lines. Thank you for participating, and have a pleasant day.
