I think there are a number of things. You mentioned taxes and regulations. Just from a regulatory perspective in Canada, we seem to do everything imaginable to make regulations as complex as possible. Bureaucrats are excellent at creating new regulations that everyone has to follow, in our individual personal lives as well as our businesses. Some of them are helpful and can be constructive. A lot of other ones are restrictive and not pro-growth. We have put forward, for example, a regulatory bill of rights that we're pushing for government to adopt. It creates more transparency and more openness in the regulatory process. It looks at outcomes and not just the steps to get to those outcomes, which regulations often focus on.
I think a number of things could be done from a cost input perspective. We need to look at things like electricity costs. I saw a study—from an automotive producer in your riding—that had a comparison chart of automotive assembly plants across North America in terms of electricity prices. In Ontario they're four times those of their U.S. competitors. That is going to drive investment out of the country.
It's not just one thing. My colleague Mike likes to call it “death by a million paper cuts”, and that's really what it is. It's a whole bunch of really small things that add up to a really big problem. It's not one government or one political party. It's a cumulative effort over time that's having this effect.