It sounds like a tool, to me, that will do more damage than repair.
I worry that it could be really damaging. The American government is massively reducing its regulatory burden. Obviously, that will reduce the burden on Canadian businesses operating there. If the federal government takes that as a signal that it can add regulations by taking credit for the reductions south of the border, then we could be in a situation where, ironically, we are not only falling behind competitively on taxes, but moving in a deliberate and diametrically opposite direction on regulation as well. We're adding a regulation because they cut one.