Thank you for your question.
I think the one thing I would differentiate slightly is.... I completely agree, and I'm not at all going to defend the past decade of regulatory encroachment in this country, which has limited the attractiveness of investment in this patch. The one thing I would caution, however, is that....
In my comments, I mentioned that the oil and gas industry, the private sector by itself, is always going to pursue the lowest-cost and lowest-risk avenue for exports. In some ways, I think it's often laid at the feet of government that the reason we have so much dependence on the U.S. market is that it was an active choice by the government or something like that.
I think in some ways it's actually that if we look at some of the major generational-moving infrastructure projects in this country—whether it was the trans-Canada railway, TC Energy's Mainline or the C.D. Howe natural gas project—these were, in many ways, done differently from how the private sector would have done them. In both cases, you had outrage from industry, “Why wouldn't this go through Chicago? Why would you ever build a railway that doesn't go through the rail hub of North America?” I think that, at the time, Sir John A. Macdonald was arguing that we needed to keep this within our borders. We needed to have sovereignty over this—