Thank you for a wonderful and challenging question.
In terms of a big weakness overall, I think it's very obvious that we're treading so carefully on not wanting to infringe upon or impede innovation.
In 1999, the U.S. took an explicit policy position around permissionless innovation that Canada tacitly echoed. We said, “Let's step back. Let's take our hands off the wheel. Let's throw spaghetti at the wall.” Right now, most of the time, we're trying to scrape some of that tomato sauce off the wall. That's why it's been so challenging for us to bring forward a big tech accountability agenda.
Our biggest constraint is that tension between feeling like any market intervention around governance and guardrails is seen or interpreted as impeding innovation and subsequent growth.
