I think the number one thing the government can do is to create more regulatory certainty for that industry to bring that investment back. We witnessed that declining capital investment that occurred in Alberta. It was shocking when the price of oil—and resource prices more broadly—dropped.
When we survey our members, the number one issue they see impeding investment in Canada is the regulatory environment, and most of that is coming from the energy and oil and gas sector. I think that if you could clarify the regulatory environment regarding large projects, such as pipeline approvals and so on, you could attract some of that investment back. If you want to make a huge impact in a short of time, that's it. More investment creates more jobs.
While we support some of the programs that the government has adopted, I think the bigger point is the point you've made, which is that there simply is not the investment in that industry that we had prior to the downturn. That would be my number one recommendation.