Thank you, Mr. Chair.
I too would like to join my colleagues in welcoming the witnesses today. It's been a very informative presentation. I am pleased to hear about the impact the MPMO has had since its creation.
You said in your presentation that addressing a system-wide challenge requires a system-wide response. You highlighted some of the challenges needing to be addressed. I could ask what would the cost to the economy have been had we not moved to this coordinating body looking at the projects through the lenses that the MPMO is looking through, but what I will ask is whether you can comment on how greater regulatory efficiency creates investment opportunities for Canada.