Mr. Speaker, just this morning, the C.D. Howe Institute is quoted as saying that basic economics, not regulation, ended the energy east pipeline—not regulation.
Why is that the case? It is the case because nothing has changed in the regulatory process. The same rules that applied and that led to the approval of billions of dollars of investment in the energy sector, as well as tens of thousands of jobs, still existed and would have to the energy east pipeline.