Thank you for the question. It is an interesting one.
From my perspective, two months in, there seem to be a few. One would be the risk of delaying getting the capacity that is needed for the near future and the long term. Infrastructure investments do not happen overnight, particularly major infrastructure investments of the nature that Canada's port authorities are making. Environmental impact assessments can add lengthy delays. We need to ensure that we are prepared for the opportunities when they arise, so that we're able to take advantage of them in a timely manner. That means investing years ahead.
There are lots of impediments, which I spoke to earlier, in terms of the financial flexibility that ports have to be able to make those investments themselves and working with private lenders. The national trade corridors fund has helped tremendously.
Resiliency and redundancy are another big challenge. We saw the disruptions in Vancouver. We need to ensure that our ports themselves are resilient, but also that our system is resilient so we can adapt to major weather events. It's not just a west coast challenge. Another example is the east coast. There's just a narrow bit of land that connects the peninsula that is Nova Scotia with the rest of the country. That's where our goods from the port of Halifax go across to the rest of the country.
It's about ensuring that capacity is there for the future and that we have a resilient system with lots of redundancies built in to ensure that we're able to get through whatever the planet and the world throw at us.