This is where the opportunity is. We, the Canadian Nuclear Association, feel that the domestic regulatory environment isn't necessarily reflecting the importance of making sure that the regulatory regime is effective and efficient enough to accelerate the development and deployment of nuclear technologies across this country.
For example, we're seeing an increase in the number of regulatory docs at the Canadian Nuclear Safety Commission. Yes, it is a tier one world regulator that is highly respected and, obviously from an industry perspective, knowledgeable. However, when we look at the regulatory environment in Canada, the trend line doesn't match up with the international trend. You're seeing key countries like the United States, the United Kingdom, France, Finland and other spaces accelerating or reviewing the regulatory requirements to reduce duplication and increase efficiency, certainly when it comes to spaces that have nothing to do with safety.
I'd argue that there is an opportunity here. As the government is looking at how to strengthen the domestic economy and the domestic energy system, and create opportunities internationally, the domestic regulatory regime is really important to look at.
