The Building Canada Act doesn't just deal with impact assessment. I think there are 19 pieces of legislation listed in the schedule that it deals with. The objectives are to provide more upfront certainty on the outcomes, so that the initial authorization of the project—sort of pre-approved, subject to conditions—will be issued in a single document, as opposed to multiple, which is currently the case. Currently, there is an impact assessment decision, but we're just one part of the regulatory process. As I mentioned at the outset, it doesn't apply to very many projects. There are Fisheries Act authorizations, Species at Risk Act authorizations, mining effluent regulations and a number of federal permits.
The objective of the act is to streamline all of those permits into one process, which is supposed to happen within two years, and a single decision document. It's also to provide investors with upfront certainty on the outcomes of those processes. The other requirements of these acts will still apply to those projects.
