We have well-intentioned regulations at different levels in this country—federal, provincial, municipal. They want to make sure that these investments are in the best interests. The difficulty is that, at times, we have overlapping, sometimes even conflicting regulatory approval processes. They're tough for investors—people who want to build—to navigate. There can be considerable uncertainty in how long it's going to take. What that does is it scares off investors.
On October 29th, 2024. See this statement in context.