I'd be happy to.
As I mentioned in my remarks, an infrastructure project—an individual project, an individual asset—does not sit in isolation. It is usually part of a broader ecosystem. This has been a perennial challenge in infrastructure planning, even in community infrastructure, in which you get a grant one year and then cross your fingers and hope you get a grant for the next project.
By taking a regional perspective, first of all, you are understanding the nature of the potential sites where you are going to be building. As well, you are going to have an understanding of its potential benefit economically. You are also going to have an opportunity to develop an understanding of its environmental sensitivities, as well as some of the cultural and social aspects. This allows you to put together a baseline.
More importantly, it gives you a chance to have that line of vision about how all these projects can work together to enhance.... This allows scale, which allows for a coordinated approach to approvals. It's very attractive, and it helps map out a multi-year project pipeline, which is invaluable not just to the investors that are paying for these projects but also to the consulting engineers, the contractors and the entire supply chain.
It doesn't suit every project, but having that as a tool to move the national agenda ahead, particularly on large-scale resource projects and transportation projects, is a very sound planning approach.