We need to get more deliberate in Canada in making timely decisions on major investments. The Mackenzie Valley pipeline would be a good example of a second round of a major hearing that took six years and ended up with a decision that trailed the economic window.
We are dealing with a very competitive global environment in trade, and we can't be complacent about taking our time and fussing about trying to line up large trade deals. Timeliness is important. That in no way means rushing through and being second best in environmental protection, but it means being smart about how we plan for projects, assess them, get to go or no-go decisions. And intentionally, after you've hit a go or no-go, if you say yes, this is in the public interest, then make sure it happens. Don't let a permit slide for two years on something that is worth $100 billion in total trade value.