Competitiveness is extremely important, and it's across all sectors of our economy. That was recognized in the fall economic statement. You made reference to the accelerated capital cost allowance, which is very important.
I had an interesting conversation with an international CEO, a woman, while we were in New York for the United Nations General Assembly. I asked where Canada fits in competitively internationally, because she was in the business of moving billions of dollars around the world. I asked her, “When you look at Canada, what do you see?”
Her answer was very interesting. It was that on the regulatory and tax front, it's about a wash—that you had an advantage over the Americans, but the Trump tax cuts levelled that playing field. However, your major competitive advantage in Canada is your immigration policy and your access to talent, and your understanding that Canada's labour pool is not bound by Canadian borders but is the world. There is an international competition for workers—and not only skilled workers, colleagues, but also for semi-skilled workers, even for unskilled workers, right across the requirements of a modern economy such as ours.
Therefore, when you say “competitiveness”, let's not forget that there is also competition for talent internationally. That's where Canada not only succeeds but excels, not only through the minds of Canadians but of those international entrepreneurs who are looking to invest in various countries. It's also important to say that it comes at a moment where Canada's inclusiveness is in contrast to the policy of other nations.