Mr. Speaker, I will point out once again to the member that these are complex regulations and, as I said, they are being tailored to a very unique industry in the offshore in Newfoundland and Labrador. The accord also acts to establish a joint management framework where Canada, Newfoundland and Labrador, and Nova Scotia are equal partners. All three governments must have the opportunity to vet the regulations through their approval processes, not just the Government of Canada.
There have been unanticipated events. The global pandemic had an impact on the delay, let us not kid ourselves. It has had an impact on everything we have been doing as citizens in this country and around the world. There are sometimes going to be unanticipated events like this pandemic. The timing of the bill reflects the recent delays that we have seen as part of COVID. I think the member knows and understands that.
These amendments would provide continuity in the regulatory framework for the transitional regulations that were automatically repealed on December 31, 2020. As the member will see, clause 3 of the bill ensures that the regulations will be revived and retroactive to January 1, 2021 and—