We feel that the tax system is completely too complicated. That's why we've called for comprehensive tax reform. I think having a royal commission to be able to develop that, look at it and focus on outcomes-based measures.... Right now, with the tax system as it is, SMEs are not encouraged to grow and scale up. They should be rewarded in terms of whether they're willing to invest. With how the Income Tax Act is structured right now, there's no incentive, because then they're paying more taxes, whereas when you go to another U.S. state with lower taxes, they're more incentivized on top of different incentives that they have made available with the Inflation Reduction Act and other avenues to help them do business.
On June 12th, 2024. See this statement in context.