I'm going to push back against the coalition a bit, in the sense that, first off, we have, within the idea of a 72-hour reporting period, harmonization with existing regimes, such as the United States. The reporting mechanism is already in place in the United States and well understood.
It is also, I think, incumbent on us to listen to the witnesses who came forward and talked about the 72-hour reporting period.
As my friend Mr. Motz pointed out, it's less transparent when it's in regulations. The reality is that governments of the day are able to tweak legislation if, 10 years down the road, it is something that requires some tweaking. There are a variety of ways of doing that.
I would suggest that the 72-hour reporting mechanism is reasonable and an improvement on what currently exists in the bill. It is in keeping with our major trading partner—which has exactly that same legislation in place—and it responds to what we repeatedly heard from witnesses, which was that a 72-hour reporting period was reasonable and something they believed would allow the bill to be effective and would allow entities to respond in a timely way to the urgency of a cyber-attack.
With that, Mr. Chair, I'll turn it over to the committee to decide.