It's a good question, but there's not an easy answer. To be honest, I really don't know.
I just think that this is a power grab by the federal government, because it is so ill-defined and non-specific. We heard in the throne speech, for example.... The oil and gas thing is a big deal. If people think that our policies, which have really hobbled that sector for the last decade, are effective, they just have to look at the basic economic data to know that's not the case. It is truly the answer of how we quickly get....
This is the other thing: Nothing will happen tomorrow. All of these projects need a lot of lead time. I find the nuclear prospect very promising, and the fact is that more people are accepting it as a sensible solution because it's a very clean form of energy. However, again, a nuclear reaction facility has a lead time of 15 to 20 years, so that's not going to be the quick fix that we would like to have in Canada to fix our economy.
No, I don't think Bill C-5 does it, to be honest with you. I think it's too loose, and it's effectively a power grab. Analyzing it as a Canadian, as an economist, I have no idea what it's going to end up with. There's so much subjectivity and trust in the current government to implement it—