Let’s be a little bit more specific. CAO 20.6, para 3.2:
... Relevant factors must include the following:
(b) availability of the inoperative engine to be used;
(d) distance to be flown coupled with the performance availability should another engine fail;
The CAO requires you to consider what will will happen if the second engine fails. The argument that it’s a modern aircraft, so ‘she’ll be right’ doesn’t pass muster.