Thank you.
Again, both the comments and the question are very interesting and involve difficult questions to wrestle with.
In terms of the importance of regulatory certainty, Canada is just one country blessed with resource opportunities. There are a number of other regions and other countries throughout the world that are looking at opportunities to move forward and develop their resources to take advantage of the growing markets for these commodities.
As Jim highlighted, we have hundreds of billions of dollars of potential new investment over the next decade. For Canada to capitalize on these opportunities and realize this development potential, we need to provide investors the opportunity and clarity, that if they're going to invest in Canada and develop these very complicated projects, they will have some sort of certainty about when they'll have a decision as to whether or not they can move forward with the investment decisions.
If we can't provide that certainty to them, they'll look at competitors in other countries that may not have the same level of rigour in their assessment processes as us. We're not looking to cut corners, but we're looking to ensure that we can make efficient and effective decisions within a defined timeframe so that investors have that certainty and so that we can attract the capital to make these opportunities happen.