Mr. Chair, I'm happy to respond.
We hear similar things. Again, the investments that private corporations wish to make need the right environment, and what we hear is that the environment is one.... First of all, these are costly infrastructure investments. This already suggests that private corporations are going to be thoughtful about what they're going to do. When you layer lengthy approval periods on top of that, you end up with an environment where, alone, private sector corporations are going to be less apt to make those investments. It's the climate that we create.
I will say that we also hear this climate can be assisted, of course, by public-private partnerships and government contributions, but when the expectation is that private sector is going to do it within that type of environment—costly to do, with slow approval processes—it becomes less of an environment and climate where they are apt to make those investments.