First of all, through Health Canada, we have invested $70 million to start the work of implementing legislation of this nature. We have the resources to work with the industry. My view is that this bill builds on years of consultation with stakeholders on how to improve consumer product safety. I understand that you'll be speaking to many of them later today, as well. You'll be able to hear first-hand directly from them. Ultimately, at the end of the day, it is about the safety of individuals and about protecting the health and safety of Canadians.
This legislation is, again, as Paul said, proactive. As it is right now, we act only when injury occurs or death occurs. This legislation would take proactive measures through incident reporting and so on and through testing so that before injury occurs, we'll be able to respond.
We are aware that valuable stakeholder input is critical to the success of this bill. The parties were consulted and continue to be consulted as we work on a policy and a guideline that will assist with the implementation should the bill be passed. As to the cost, as I mentioned before, we don't anticipate that there would be significant costs associated with implementing the bill. In our view, responsible industries have already been operating in a manner that is consistent with the proposed bill. I said before that it is in their interest to ensure that their products are safe. For the most part, we have industries that are cooperative and are interested in working with us to ensure that their reputations and their products are safe.
I would add that this bill enjoys support from a wide range of stakeholders. In my view, the consumer advocates and the industry associations are committed to protecting their customers, Canadians, and the environment.