And I'm curious how you're thinking about where TC Energy should deploy capital, but also what you think makes a compelling opportunity for you and investment.

For the first time in about 15 years, we have alignment of policy support in Canada, US and Mexico around the need to accelerate infrastructure development.

for different reasons in each of the three countries.

Canada needs to diversify, not away from the US, but beyond the US and export commodities on a global basis.

The United States wants to dominate the AI race with China and other countries.

And Mexico has aspirations to grow its economy and improve the quality of life of its citizens.

So for us, capital allocation focuses first and foremost on what are the fundamentals in each of the different projects? Do they require subsidy or not? Do the economics of a project stand on their own? And then it's quite simply a bake-off.

and I think one of the things we'd love to get your perspective on some of the lessons that really stand out from your experience, both across execution, but also risk sharing, customer alignment, especially in the market that we're sitting in right now.

And I'm curious how you're thinking about where TC Energy should deploy capital, but also what you think makes a compelling opportunity

for you and investment.

For the first time in about 15 years, we have alignment of policy support in Canada, US and Mexico around the need to accelerate infrastructure development.

for different reasons in each of the three countries.

Canada needs to diversify, not away from the US, but beyond the US and export commodities on a global basis.

The United States wants to dominate the AI race with China and other countries.

And Mexico has aspirations to grow its economy and improve the quality of life of its citizens.

You've been involved in many major projects, and I think one of the things we'd love to get your perspective on some of the lessons that really stand out from your experience, both across execution, but also risk sharing, customer alignment, especially in the market that we're sitting in right now.