If I were a provincial bureaucrat instead of a federal one, I think one of the things I would tell this committee is the system that I've been managing for a while is not ideal. I think the province itself has been eager to improve the regulatory regime in British Columbia for quite some time. I think most of the regulatory community, both federally and provincially, views this as a tremendous opportunity to fix quite a number of things. In our view, at least, the new regulation will be, as you say, more efficient in terms of fewer decision points and so on, but I think we will end up with a regime that is far more transparent.
Today, if you were to go on our website and try to find out how many fish farms are active or how many fish are in them or how many therapeutants were applied in the last little while, all that boilerplate information is not available to you. Under the new regime we expect it will be. Reporting requirements are not extensive. They will be. Fine structures are not very stringent in B.C., I guess is the best way to put it. Under the new structure they will be.
There are a series of dimensions of the regulatory regime that, at least in our view, will be substantially improved upon. I say that not just from a regulatory perspective. Certainly from an industry perspective and from the vantage point of the environmental groups we met with, the desire to improve the process is there, and we think we are responding to that. So it's not simply changing the logo on the permit from a rising sun to a maple leaf and saying “Away you go”. We think it will be a substantial improvement.