Thank you.
With regard to the economy, I like to look at things in a way that we can understand. I think as politicians, we all have to level up with our communications. With issues like free trade and the competitiveness of the economy, we have to find solutions and, obviously, I like to use sport analogies. You have two basketball teams on the same court. Each team has different qualities—heights, speeds, and whatnot—but then you have structural differences.
For example, you've mentioned lack of labour mobility. We know that the government, whether the previous government or the current government, has placed an emphasis on infrastructure, but now we see the other team, so to speak—and I'm going to describe our friends the Americans as the other team—looking at making large structural changes as well. When you talk about business investment being at such record lows, Solow theory says that eventually developing economies get to a state where they're only replacing old capital—whether it be machinery or whatnot—and there's not as much investment placed in new productive capacity, whether we're talking about infrastructure publicly or privately allocated capital. Are you concerned that the business community in Canada is only replacing—or perhaps they're not even replacing—old capital as they play wait and see with regard to whether or not they want to invest in the United States versus in Canada?