We realize that it's taking its time developing regulations. The situation is urgent, in my view. It should be proceeding as quickly as possible. Last year, they were talking about a three-year timeline. Now they're talking about an 18-month timeline. When will it be done? We need tools in order to do our job. We have some tools now, but not the ones we need to exercise our new powers, in particular to impose administrative monetary penalties on federally regulated businesses.
Consequently, despite all its good intentions, the clock is ticking. 2025 is fast approaching and we don't want to miss—