Thank you kindly.
I want to pick up on environmental assessments, which I mentioned earlier. The budget calls for changes to the Canadian Environmental Assessment Act. I am extremely worried, but it does not have to do with the national conservation plan we are discussing today. That was just an editorial comment in passing.
The Canadian Environmental Assessment Act underscores the importance of assessing projects properly. We've talked about shale gas and oil projects. I hope the future list will include those major projects.
My question has to do with what you said about the importance of strict regulations in order to have agreement among all the industries. I've heard criticism as far as the cumulative effects go. You do a really good job on a single project, but you don't look at the cumulative effects.
If you are to have a good reputation, if people are to believe that oil companies are worried about more than just production, if they are to see your activities in a positive light, would it not be advisable to make that component part of a strict regulatory regime? While a single oil well might not overly harm the environment, 20,000 wells in the same area could have a tremendous cumulative impact.