Generally, we think the government should be very concerned about business competitiveness. There are a number of ways in which the government can respond to that. The BRM is one. We've highlighted a couple of others, in addition to our BRM ideas on a tax credit that responds to foreign political trade barriers.
We also think the government has a role to play in reducing regulatory red tape. For example, there are several port-related issues on the transportation side, such as the fumigation rules, that are relatively easy fixes. Ours is the only jurisdiction that requires vessels to sit for 24 hours after they're fumigated, unlike every other jurisdiction out there. Port rent at the port of Vancouver has exploded over the last several years. Some terminals are experiencing increases year over year of 30% to 40%. We're looking at situations in the licensing of port terminals and other inland elevators that take place on an annual basis and that we think could move to every five years.
Those are relatively simple fixes, MP Connors, that we think could be implemented alongside our ideas for BRM.