Certainly.
We work with large Canadian institutional investors who are thinking in the long term, who are investing for the long term. They get a bit antsy when we're seeing a lot of uncertainty in the marketplace, a lot of uncertainty among policy-makers. They start to look at where they can put their money that will be more stable and won't be subject to quite so much political back-and-forth. Therefore, providing a level playing field—a fair framework for investors to lock in for five-year, 10-year or 20-year commitments around building or making investments in Canada—is crucial.
I mentioned the lag that we're seeing in some cases around critical mineral extraction, the opportunities that are there in Canada and some of the barriers to be overcome there. One of them is that the upfront costs of developing critical minerals mining are huge, and the payout might not come for 10, 15 or more years. We can't have money locked up in projects like that where we're likely to see wild swings and back-and-forth in the regulatory environment.
All of that makes investors more cautious and makes them look for opportunities elsewhere. It's a big world. There are a lot of places where companies can invest.