Motivations...regardless of who's in government, I don't want to say things that are going to upset people. That's not our business. We don't make the rules. We just play by them.
Let me go back, I've been in mining and forestry and I've been in projects under environmental assessment for 14 years on and off.
Making change at the end is scary, even when you're a domestic company. I work for a company that's coming from overseas and British Columbia says to come and build an LNG facility. They're welcoming you. When you arrive, now you have to do this, now you have to do that, and you have to do this.
I kind of prepared my ownership for these things, because I'm a Canadian, a British Columbian, and I understand how it works, that there are changes. But when a foreign investor hears things at the last minute, or when new rules are imposed that they didn't anticipate, I tell you the phone call comes and they're concerned. They're making billions of dollars of investment at a great distance, so of course they're concerned.
I don't have a particular political stripe, because that's dangerous for a business to say, but let's be clear: whether it's the previous government or the previous government or the previous government before that, we keep changing the rules, we keep changing the method, and we create additional time frames that weren't anticipated at the beginning, and investors get scared.
We are in economic cycles. We are in the commodity business. In British Columbia, despite the growth in other sectors, we are in the commodity business; mining, forestry, agriculture, oil and gas, even tourism you could argue. We're in the commodity business. Things don't always last. In the past 12 years we saw a great super cycle for mining, but how many mines were actually built in British Columbia? You can count them on one hand.
I don't want to say I want certainty, as much as I do, because there is no certainty in a social environment. Things change. But if the government is considering reopening the idea that the Environmental Assessment Act needs to be improved, or we need to tweak it a bit, or it needs to be changed, realize that you're never going to satisfy everybody. Certain people will never be in favour of these projects. There will always be a debate on social licence. There will always be a debate that makes these fundamentally political decisions at the end, regardless of whether we listen to science, or traditional knowledge, or the public.
I danced around your question a little bit, but governments need to be aware, regardless of political stripe, that money can go elsewhere and, if it's too risky, it will.