Maybe I could start off. If you don't have investment you don't have innovation, you don't have employment, and you don't have a successful business. If you don't have investment you don't have the ability of small companies to grow into medium-sized companies or to manage the growth they have right now or to take advantage of all those market opportunities.
I agree with what David said, the first priority has to be the investment climate. I would go one step further by saying that in the face of a high dollar we should be looking at taking steps like the Americans did when the American dollar was at record highs against other currencies and move on to an accelerated depreciation system, because this goes to the marginal effective tax rate on investment. It goes to the issue of cashflow, which is the major issue for investment, and it's the major thing that's under pressure today with the high dollar.
And we should be doing something, even if it's on a temporary basis, as the Americans did three years ago when they went to the bonus depreciation system. I think we should consider going back to what the capital depreciation system was for Canadian industry, which was a two-year writeoff.
If we did something like that it would respond to the short-term pressures and would provide that incentive for investment that I think we really need right now and that we can.... There are all sorts of other issues that government can touch on that are also very important, but unless we repair that investment situation, then we don't have to talk about skills and we don't have to talk about innovation because we'll have fewer and fewer companies that are actually doing that in Canada and fewer companies that are in a position to grow that industry or to buy out those companies as the entrepreneurs retire.