Mr. Speaker, I think the hon. member knows full well that we introduced interim principles, which we used to assess the Kinder Morgan pipeline project. Additional consultation efforts were made with indigenous people, environmental groups, and the industry itself. We felt, and I think the nation felt, that it would not be fair to start from square one.
From now on, any project that comes before us would be subject to this new legislation, which we hope the House will pass in due course. As well, I think the hon. member knows that an additional $1.5 billion will be spent on the oceans protection plan to ensure that our coastlines are protected in perpetuity.