Mr. Speaker, the environment committee right now is looking at the Liberals' proposed environmental assessment bill. We had a number of representatives from various industries. The Canadian Energy Pipeline Association called the regulatory state in Canada right now a toxic regulatory environment. This is why investment in the mining industry, for example, is down 60%.
The Fisheries Act is being layered on top of regulation after regulation, and process after process. Investment is fleeing this country and the changes that the government is making to the Fisheries Act are a big part of that. Could my friend for Red Deer—Lacombe comment on that?