I come from the school of thought that we need a whole lot of regulation but a lot more effective regulation. It seems to me that we get into a trap in this place that every time we see some issue arrive, the simple solution is that we crank out more regulations without any regard to resources, cost, or effectiveness of the whole procedure. I'm glad you raised this in the chapter, because I think it touches on this issue in a relevant way.
I find chapter 7 to be symptomatic of what went on. I remember the mediation process for residential schools and all the money that was allocated there. The number of people who actually had gotten something sorted out on this was extraordinarily low. You almost needed a microscope to find the percentage that actually had some resolution, but there sure was a lot of money spent on the administration of it.
I find this chapter 7 to be really quite frightening. If I understand this correctly, something like 26 treaties were supposed to be negotiated starting in 1993, and although none have yet been signed up, to this stage we've spent $426 million on this process.