Yes, or if the time lag is too long, there are provisions to have an endangered species looked at more quickly. The situations in which we might want to do that are, for example, if field biologists find new information from their field work that a population has declined by a significant percentage over the past year, or if a new species is found in Canada that we didn't know we had and it seemed to be critically endangered—a small population, very small numbers or a restricted range. There is the ability, then, to take speedy action to make sure the species doesn't decline while we're doing the necessary work in terms of consultations.
On June 2nd, 2009. See this statement in context.