Thank you, Chair. I'll be splitting my time with MP Brad Vis.
Ms. Desjardins, Canada's labour productivity has fallen behind most G7 countries, with investment per worker now roughly half of what we see in the U.S. We've heard from previous witnesses at this committee, and, basically, they're consistent in saying that domestic issues are a large burden. For instance, our regulatory burdens and our tax framework are, in some cases, more impactful than tariffs themselves on the manufacturing sector. Meanwhile, we see the U.S. has aggressively improved its competitiveness through measures, like their One Big Beautiful Bill Act, that are looking at R and D incentives and streamlining permitting. From your perspective, how much of Canada's investment weakness is being driven by the growing competitiveness gap between us and the United States? Are we at risk of falling permanently behind if we don't respond?