The lack of investment in the energy sector over the last decade and over longer periods of time has made it more difficult for us to compete and contribute and do well in the economy.
I think the second part of your initial question was about the regulations. I can't speak to specific regulations; I'm more of a macroeconomist, and we do aggregate-level data, so we don't look line by line.
I will highlight that there was a StatsCan report with research over 15 years, and it highlighted that there was an increase in federal regulations of over 2% a year in that period. They did some estimates and modelling that suggested GDP was close to 2% lower because of that and, in particular, that the investment was 9% lower. This discourages entry of businesses and it discourages investment particularly.
To some extent, the fact that we have a Major Projects Office is an admission that it's difficult to get large projects done, so we're trying to move around that process and move things forward. That's a good initiative, and we'll hopefully see that bear some fruit.