We believe there are some good items included in budget 2025 that I spoke about, like the SR and ED reforms and accelerated investment incentive. We do think that more could be done on that end.
Specifically, with the accelerated investment incentive, we would want to see that made permanent. It's great that it's being extended for a few years, but that still brings with it some uncertainty when businesses are investing. Is it going to be extended again, or will it disappear? These are investments that are over multiple years, so they need that certainty over a long horizon.
You're right to speak about the gap in productivity with the U.S. A capital investment per worker is almost half in Canada what it is in the U.S., and that's definitely part of it, so we need to look at what we can do to incentivize that investment. Targeted credits that I've spoken about certainly are part of it. There is red tape reduction, which the government is moving on, and we're happy to see that and we hope to see that continue.