You mentioned the analogy of a hockey team. You're not equipping your workers well. At the moment, investment rates in Canada per worker are about half of what they are in the United States. That is a dramatic decline from the 70% to 80% range we saw a decade ago. We have a big problem there. We are putting our players on the ice with old Eaton's catalogues for shin pads, instead of modern equipment.
One thing we could do is expensive, but I think we need a bit of a jolt. We might have a general investment tax credit, because that would catch people's attention. It would be an unambiguously positive move. My former colleague Jack Mintz would object, quite rightly, that it wouldn't have completely neutral effects in terms of different types of investment. However, a temporary move along those lines would send a very strong signal. It would provide, as I said, a jolt to the economy. Even just the competitive impact of your counterparts tooling up, I think, would make a difference.
You asked for a recipe. There's one ingredient.