Mr. Speaker, the easy answer to my colleague's question is that yes, this will cause negative problems. It will cost the consumers, who are Canadian taxpayers, more for the product, in this case hydro.
The changes in 2012 were done for a specific reason. They were done to still have a process where approvals could get done properly, but there were timelines put on them. I always point people who are opposed to anything and everything, and in this case, the people behind this bill, to the Mackenzie Valley pipeline. For 25 years the government, environmentalists, and other organizations held up businesses who were willing to invest in the project. Really, all that the government was saying in 2012 was to set a reasonable timeline and tell the companies yes or no, not maybe. Tell them one way or the other, and if the answer is no, they will accept that. Then they will take their money and invest it in other Canadian projects, which is only good for jobs, business, and the economy. That is what this is about. However, Bill C-68 reverses that and makes it longer and more onerous.