When I think of Canada's industrial economy, the stock of capital in Canada's manufacturing sector has been trending down since 2000, so this is a long-term trend that has been incredibly problematic for Canada's manufacturing sector, whereas it continues to climb to record highs in the U.S.
What that means is that our manufacturing sector is becoming less competitive on the global stage. There is no one single silver bullet solution to this, but there is the requirement of governments at all levels to take a very strong look at tax, regulatory, trade, trade infrastructure and other factors that will promote business investment in Canada. That's investment in capital machinery and stock that will allow manufacturers to modernize and compete within both the North American market and globally. To date, that has been lacking.
The cost of doing business across the border, even compared to some of our U.S. counterparts, is much higher, and that impacts all of those things that you just outlined.