It's a huge burden. Once again, there's an IMF study that says it's a 4% hit on GDP per capita in Canada.
It's also potentially even a low-cost or no-cost way to improve productivity and generate economic growth in this country. The business community was generally receptive of the initiative taken in the fall economic statement in 2018, but the issue is that the number of regulations that pose an undue burden on Canadian business still has increased since that point.
One of the promises made at that point was to include economic mandates and regulator mandates to look at the competitiveness of the different regulations and the impact on the economy. The Canadian business community would certainly welcome that. A two-for-one rule is certainly what we're looking at, too. Considering that the number of regulations that place a burden on business has even increased since some of those promises were made, implementing a two-for-one rule would help reduce those massive regulations.