On the numbers point, you're absolutely right that 2017 was a very strong year for the Canadian economy, both in terms of GDP and unemployment numbers, but we're concerned about the outlook going forward.
Right now you see that GDP growth will moderate to around 2.1%, and according to the Advisory Council on Economic Growth chaired by Dominic Barton, our long-term GDP potential is around 1.5% a year. We think we're coming off a bit of a high from last year. We're also worried about some of the more recent data on FDI in Canada, which for 2017 showed that we're at an eight-year low. We think there's a worrying trend. I mentioned some of the forward-looking survey data, which shows that a majority of our members see U.S. tax reform as probably or definitely having an impact on their investments in Canada. We're quite worried, looking at the forward-looking survey data.
You're absolutely right, though, that NAFTA plays a huge role in that. It's hard to decipher between the effects of U.S. tax reform and NAFTA, and only time will tell. I hope that if NAFTA is resolved, that will restore some certainty. For example, if you're a company thinking about investing in Ontario and your intention is to exports goods to the U.S., I think right now you'd be thinking twice about that until NAFTA is resolved. Hopefully, if it's resolved shortly, that will help some of this, but we still think competitiveness is a serious issue, and tax reform needs to be addressed.