“Quickly” is the tough part. This is getting into the science, which I'm far too excited by.
You're right. Canada set the right process at the beginning, 25 years ago. It's the product that matters and not the process, but it's the implementation of that regulatory theory that is so important in the policy interpretation of our regulations. As Dennis mentioned, we don't need to throw out regulations and change them to new ones. We just need to look at the risk and the science supplied by other countries and integrate it into our already robust regulatory framework.
It's a departure from some of the ways we've looked at things in the past, but it does fit. We can move there. We've seen, even in the last year, that the number of countries taking these new models, and I would say actually starting to do the product-based approach better than us, is increasing. This is our chance to show the world that we know how to do it.