Madam Speaker, the hon. member will know from our campaign commitments and the mandate letter from the Prime Minister to my department that modernizing the National Energy Board is a very important priority. It is not simply a matter of the words of reform or modernization; it is based in principles, and those principles will be part of our review.
The report that was tabled this week by the commissioner, with whom I spoke, asked the National Energy Board to tighten up its monitoring in a number of different ways to help rebuild the confidence of Canadians. The chair of the National Energy Board has said that he has already begun this process, and we will monitor that.
However, members should know that in addition to the interim principles that were announced yesterday, there will be long-term reform of the environmental assessment process and of the National Energy Board itself.
I would invite all hon. members to join with us on this side of the House as we look at regulatory practices from around the world to ensure that the Canadian one is the best of them all.