Welcome, Minister.
You had some good comments here about the relationship with your department, ISED, and the necessity of international investment in Canada. Given the last eight years, that's a consistent failure with your government. We are down to 90% of the capital stock in Canada that we had before your government came to power. Clearly, international investment is not coming into Canada because of the uncertainty created by your government.
Can you please square this for us very quickly? Right now, the only investment that is coming into Canada at all sectors of the value chain is government investment, including sometimes at twice the amount that would be needed to build a plant like the one built in St. Thomas for Volkswagen.