How effective do you think this event will be in assuaging those fears, given that that's sort of our track record?

Well, it's certainly a first step, and ultimately the devil will be in the details, of course, of what is actually being said.

But symbolically, I think there are two characteristics of the summit that are important to note.

The first is the government is involved.

And since many of these barriers to the timely delivery of projects have come from government regulations on permitting environmental assessments, indigenous consultations, and the like, only government can attack those things.

And so the fact that they're sponsoring this probably says or is intended to say we are prepared to take a look at those processes and expedite them when necessary.

The second big characteristic is the fact that the co-sponsors are two of Canada's largest pension firms and pension funds.

Should we have concerns about our sovereignty as we open up to the world?