Mr. Speaker, the report on economic freedom was very important. The economic freedom and the future prosperity for any country are closely correlated.
We need to ensure that we have regulatory policy and tax policy that effectively do not prevent individuals from investing and developing the best technologies and approaches to maximize productivity. In Canada, we do not have that currently. We are falling behind in that regard. There is less economic freedom in Canada now than there was 10 years ago. That is a dangerous trend. Probably the best way for governments to help both in terms of regulatory policy and tax policy is to simplify regulatory policy, to simplify tax policy, and to seek to reduce the burden in both cases.
We need to find a way in Canada to celebrate success and stop apologizing for it. We need a tax system that rewards hard work and investment, not one that attacks ambition and initiative. The federal government ought to be working with provincial governments across Canada to ensure that we introduce policies that create this culture of opportunity and plan for prosperity for all Canadians.