I think the tipping point is very obvious. Last year, they wanted to bypass Bill C‑69 by creating the Major Projects Office in Canada, but in reality, they're adding arbitrary criteria.
I understand the government's objective, which isn't totally bad, but there's no need to add arbitrary criteria. My colleague Mr. Brossard said it very well: When Bill C‑69 gets reformed, arbitrary criteria need to be reduced. We need a predictable and attractive regulatory framework for capital investment.
We understand very well that the act passed in 2019 has been repealed. Now, we have to hurry up and pass a new bill and adopt a new regulatory framework to be more attractive. We're behind the eight ball right now.
There is an LNG project operating in western Canada, but there are many more in the U.S. The first project was launched in February 2016. We're very late to the party.