If I put on my old hat of being in the international trade, the one thing that would worry shipowners and operators is that certain countries—for example, the United States—certain states, or certain provinces in Canada have their own regulations outside of the international regulations, which becomes very problematic. I would say it's a press on the organization called the IMO, the International Maritime Organization, to make sure that it has regulations that cover this, but when Canada has its regulations on top of other countries', or more importantly the international standards, it would require shipowners who move ships around to have lots of different additional coverage that they often don't use or need. It would become very, very expensive. I believe the IMO regulations are the correct regulations with regard to liability, but I think having individual requirements for vessels that don't call in Canada from an international vessel operator becomes very difficult.
On December 2nd, 2014. See this statement in context.