The reality, Mr. Speaker, and what members of the opposition should recognize, is that the global economy is still in an extremely fragile state. However, this government is working to balance our environmental responsibilities, our stewardship with regard to the environment and our addressing, among other things, climate change, while ensuring that we do not discourage investment, do not strand investment, and do not drive investment away from our country and put Canadians' jobs at risk.
It is with that sensitivity and awareness that we approached our sector-by-sector regulatory plan. We are very careful. That is why the NDP's proposed Tinker Bell approach of fixing everything with the wave of a wand does not match the reality of the challenges we face. We have to look at the impact regulations will have on investment, jobs and the economy while, at the same time, working to achieve our domestic targets, which gives us the social licence to argue with the major emitting countries, much larger major emitting countries around the world, to step up and take action themselves.