First of all, I'd like to send my regards to Mrs. Meisenheimer on behalf of Mr. Rempel, who is watching these proceedings on CPAC with a pizza box in front of him—so duly commiserated.
I want to start this evening with Mr. Collyer and talk a little bit about the process by which major projects are put forward in industry, certainly the planning process. It's my understanding that many of the projects in your industry contribute a great deal to the economy—I believe current forecasts show $2.1 trillion to the Canadian economy over the next 25 years. Many of the planning processes related to these projects include evaluating windows to market, evaluating opportunity costs for the projects based on defined timelines for the products that will be produced.
Could you perhaps speak a little bit to the importance of ensuring a timely and predictable regulatory process in that planning process?