Thank you, Mr. Chair.
One of the not highly publicized issues but more important issues that has been around since I was elected to Parliament about four years ago has to do with issues concerning regulation and regulatory reform. I remember that when this committee was part of the industry committee, the smart regulation report was coming out. I'm going to let you take quite a bit of leeway, when you answer this question, to give general answers and also specifics.
I know that the department has been taking some leadership on smart regulation. There's the major projects office and various other things. Could you give us an update as far as what's being done, what sorts of benchmarks are being used to quantify or evaluate the progress you're making on smart regulation, and what sorts of problems you're finding? And can you offer some solutions for us as parliamentarians to help speed along the process of smart regulation?