I apologize if it was unclear, but I meant to say the opposite—that regulation does not kill innovation.
There have been a number of prominent studies that show that regulation can limit certain types of innovation in some contexts, but often it does not limit the really big leap-forward innovations that we see.
Jurisdictions like Sweden and North Korea, for example, are, I think, somewhat good comparisons for Canada. They have shown that really good regulation around making sure that we have guardrails for a certain type of technology can ensure that businesses know how they can innovate and know the lanes they need to follow. Then they're free to do whatever they want.
A really great example of this would be in nuclear. Historically, Canada has a really great nuclear sector, and it's because we had really great regulation. Other countries, including the United States, did not have that as much. They've had disasters, and their nuclear industry declined. I would also say that for AI....
Well, I'll leave it at that.
