Madam Speaker, as I said, I am very pleased that we are bringing forward better rules for reviewing major projects. That is not just pipelines. That is hydro projects. That is mines. We know that we need to be doing better.
In terms of getting resources to market, we also appreciate the importance of that. That is why we have worked so hard to understand the concerns of industry, as well as looking at how we make sure that we also protect the environment and work with indigenous peoples.
I am very pleased that we will have a single agency, the impact assessment agency of Canada, which will lead all impact assessments for major projects. That will ensure the approach is consistent and efficient. That is something the industry made very clear that it needed. Also, our goal is one project, one review. We need to streamline the process and coordinate with provinces and territories to reduce red tape for companies and avoid duplicating efforts in reviewing proposed projects. We have also reduced the timelines.
We think that we have done the right thing that will ensure that we get good projects going ahead in a way that protects our environment.