I think the best chance of bringing investment back into the resource sector in Canada would be a spike in commodity prices. I'm sure that any proponent of a major project who has made a decision either permanently or in the short term to suspend investment would have to say that international commodity prices were a component in that decision. After all, we are looking at prices in natural gas and oil that are historically low.
Yes, the regulatory environment and certainty are very important to proponents and investors. That's exactly why we're adding some certainty to the process with these projects that are currently under review. That's why, in any permanent environmental assessment regime for Canada, fairness to proponents is part of what we imagine as the best possible arrangement.
Also, you'll know that among the five principles that we announced would govern the transition phase, not going back to square one was the first, because that would not be fair to proponents. We understand that predictability and certainty are very important to any investment decision.
Also, on a personal note, for 16 years before I had the pleasure of representing the people of Winnipeg South Centre, I was the president and chief executive officer of the Business Council of Manitoba. I understand the power of entrepreneurship. I understand that corporate social responsibility is fundamental to succeed and progress in the contemporary corporate world. I am very confident that most executives in companies know that too. I also understand that there is a spirit of innovation and entrepreneurship in this sector. Even the oil sands companies that are very active in trying to understand the best use of limited resources now are still investing together in sustainable practices of extraction. It's very impressive the amount of investment that has come—