I totally agree with your assessment. Being regulatorily agile means taking a look at whether or not the current regulation and regulators serve the public interest. In many of these cases, they don't always.
I talked to a cheese producer in British Columbia who is regulated under the CFIA. He wanted to create a cheese that is well-established in Europe. Unfortunately, because the CFIA didn't have a program for authenticating it, it took him two years before the CFIA gave him permission, even though the Ontario government has a process for provincially regulated cheese producers to follow. So, there's a lot that can be done.
You also raised the topic of looking forward as well. If we think about autonomous vehicles, in 15 to 20 years, if there is widespread adoption, we may see provinces take out their motor vehicle acts because it will be done autonomously and not by law, so I certainly agree with the assessment.
When we talk about taxation.... I'm sure that you have done some travelling. When this committee was in Washington, DC, and in New York in December, the United States was abuzz about tax reform. You have said in the report that we have to stay competitive, which I appreciate, but you also said that we have to retain talent. There are two ways that you can retain talent: you either grow it or attract it. We've seen the taxes on high-income earners go up in Canada. We've also seen provinces talk about programs du jour, like teaching all kids to code, which Michael Bloomberg says is a massive waste of time.
Are you worried that there could be spillover effects from our tax regime having rates that are too high and our putting a lot of money into public education that either, one, is ineffective, or second, if it is effective, we still see a lot of the top talent that we're cultivating here in Canada going to other jurisdictions?