I think those are excellent points from both you. As someone who is obviously serving federally now but who has also served provincially, I've seen both sides of that coin. There's no doubt that there are lots of areas where we need to streamline those processes.
To your point, Peter, I too hope we will see major progress on this in the next few months and next couple of years.
I have one question I want to ask you, Mr. Johnston. I think you mentioned this near the end of your opening statement, but I want to get your thoughts.
Correct me if I'm wrong, but I think you mentioned that in your view, any new energy infrastructure—perhaps you were referring specifically to pipelines—would require some level of public capital. Why is that, if I have it right?