One reason we have the Major Projects Office is that there are a lot of regulatory hurdles on major projects in Canada, and we want to speed the projects up. The fact that there's red tape and a lot of regulatory issues within the private sector for blocking private sector investment is not new. The point we're making is that it's another aspect.
Government could fix the issues instead of choosing a few projects that deserve to move forward and be fast-forwarded. It's good that the government's doing this, but if it went forward even further and concentrated on the source of the problem, we would have even more investments. That's the point here. This sovereign wealth fund is one initiative, but it's small in comparison to the challenge that we're facing.
