Fundamentally, when companies are plagued with too many operating costs and high taxation, there is less money to invest. When you're competing globally, you have additional pressures to remain hypercompetitive.
If we take Ontario as an example and our ability to invest in manufacturing, which is very capital-intensive and long-term for paybacks, it's very difficult for us to invest the millions and millions of dollars necessary to invest in new technology to increase our productivity when we are largely deemed to be uncompetitive from everywhere else in the world. We have fewer resources, less funding and less money left over, simply put.
