I didn't hear a number, which is fine. I expected that. When I was on the fisheries committee, I asked witnesses who were against the changes we made to the Fisheries Act and exactly the same thing happened. Not one person could point to any environmental indicator. I'm a strange kind of guy. I actually look at the environment, look at the numbers for the environment and I hear none of those, unfortunately.
It's quite obvious that what is proposed here is a throttling of Canada's natural resource industries, and by extension, the economy. I should note that the Royal Bank has pointed out there's a real outflow of capital from this country. “Investment by foreigners has collapsed. Foreign direct investment...in Canada clocked in $31.5 billion in 2017, down 56% since 2013, when it totalled $71.5 billion.”
Again, the wreckage of communities that results from that is only beginning to be felt. Chris Bloomer, the head of the Canadian Energy Pipeline Association, pointed out that Canada has a toxic regulatory environment. Our competitiveness has slipped to number 16 out of 17 countries, when we used to be in eighth place. By the looks of it, I don't think we're going to have to worry about too much economic development, especially in the resources sector, over the next little while.
Mr. Ginsberg, you were quite negative about ministerial discretion, which is quite common in groups like yours. Why is it so offensive that people who are elected by citizens have the ultimate decision-making authority in the public interest?