When we look at the fact that there were zero bids in 2023 after this bill was tabled, that sets the precedent for why people don't want to invest in Canada. I think it's easier for them to go.... We heard from one of my colleagues earlier that over $400 million in bids went to the Gulf of Mexico, for example.
Obviously we all care about the environment. We all obviously care about species at risk or wildlife out in nature, and we want to continue to see the protection of those species, but when we have antidevelopment zones in a lot of senses—if I could rebrand them as that for a second—I think that's a huge part of the problem. Companies are going to take their investments and go to other jurisdictions with things like that.
As far as this last point goes, proposed section 40.1 talks about the minister having to action “as soon as practicable after deciding to make the recommendation”, and then there's 60 days for a ministerial decision and an additional 30 days. Then it says “No time limit”. Who asked for no time limit to be given to the minister to decide whether or not they're going to proceed with the project?