I'm glad that you used the word “cumulation” because I'm going to mention another quote from that very same CEO, Steve Williams. On February 9, 2018, just a couple of months ago, he said, “The cumulative impact of regulation and higher taxation than other jurisdictions is making Canada a more difficult jurisdiction to allocate capital in.”
You just, at least faintly, praised the policy of the current government on carbon taxes. What then did Mr. Williams mean when he referred to higher taxation in Canada resulting in a more difficult jurisdiction to do business in?