Mr. Speaker, we understand that the natural resource sector in Canada accounts for 20% of the GDP. We know that Canada's economic future depends on a healthy energy sector. We also understand that in order to ensure that our natural resources move to markets sustainably, we need a regulatory process that has the confidence of Canadians. That is why we have established a set of principles that we are confident will much more likely get us to that place than what happened with the previous government.