This is a very good question.
You're absolutely right, Mr. Chair. When there is a new piece of legislation you need at least a couple of years to really understand the full strength, what is needed, and ultimately we're talking about public interest versus private interest. That's not to say that private interests are not important--quite the opposite. At this juncture we're looking at some technical issues with respect to specific timelines, and probably in a year or two we'll be in a better position to make recommendations.
But at this point certainly the breadth of the act, the discretion that is offered, is certainly adequate to do the job.