Mr. Speaker, what would make Canada competitive would be a competitive regulatory framework.
With respect to the Impact Assessment Act, the one that has been ruled unconstitutional already, the government has said that it made a bit of changes to it, but we know that there are other unconstitutional elements still in place. It is one of the biggest barriers, one of the biggest problems. We are trying to get approvals here in Canada. It is taking over a decade to get an approval on a major project. That is why there are no major projects being built in Canada today. The first thing the Prime Minister is going to have to do is get rid of the emissions cap and also fix the Impact Assessment Act.
In the United States, then president Biden, three years ago, gave an order to make sure approvals were handed out in less than two years on big projects. Our party, in fact, especially our critic from Lakeland, has been very vocal about the need to not only match that but to do better than that and try to get approvals even more quickly. If we are going to be competing with the United States for investment dollars, we need that regulatory certainty, and we are not getting it.