First of all, I would encourage everyone to wear their earpiece.
I might have two or three questions to ask. I'll try to be brief.
I will start with you, Mr. Holden. I found your presentation very interesting. We have a productivity problem in Canada. Before being elected, I worked for the federal government, in Ottawa, for quite a while. Since the end of the 1980s, this issue has really been a concern for us.
I know that when Mr. John Manley was minister of industry, Canada's productivity rate always lagged behind and was lower than that of the United States. It seems that the only time it went up was when we signed the Free Trade Agreement with the US. In your presentation, you mentioned that we had a problem and that the manufacturing sector was not investing in new equipment. In your opinion, what can we do differently from what we've been trying to do for the past 25 years in order to increase our productivity rate in Canada?