I am more of an expert in productivity as it relates to the regulatory topics we're talking about.
Productivity, simply put, is the amount of output per worker. The more efficient we can be, the more we can produce. That translates into being paid more, which is something that's important for all Canadians. Productivity is a concept that sounds boring but is actually very important to all Canadians.
When it comes to the regulatory side of things, of course we need rules to keep us safe and protect the environment, but make sure we are doing almost a minimum dose. We need to do that without going overboard, so rules can help lift productivity. Making sure our taxes are reasonable so that we're competitive is also important for productivity. When taxes are too high, employers don't have as much to invest in the equipment that helps make us more productive, produce more per hour and get paid more per hour.