Mr. Bloomer, I was struck by your opening remarks when you said it's difficult to imagine that a new major pipeline could be built in Canada under the impact assessment act. I was writing like mad when you were listing some of the impediments to pipeline constructions. You talked about the tanker ban, new methane rules, new fuel standards, bitumen transportation regulations off B.C., greenhouse gas regulations, UNDRIP, and the massive international competitiveness we're facing.
Of course, I would add to your exhaustive list the proposed new fisheries act that's coming on, the proposed navigable waters act, and then layered on top of all this are provincial processes. I was struck by the very direct words you used, “the toxic regulatory environment”. That is an astonishing statement in my view, “toxic regulatory environment”.
Mr. Bloomer, I'd like to ask you directly, do you believe that there will ever be another major pipeline project approved and constructed in Canada again?