Madam Speaker, I appreciate the question. I was in British Columbia for several days. I had a great meeting at Stemcell Technologies, in Vancouver, which is doing unbelievable innovation in cellular regeneration therapies, working with stem cells. Visionary leaders established that company, which came out of the Terry Fox Laboratory.
I like to see some of that investment. The trouble is, they cannot access capital in Canada. In fact, their capital is being accessed from the United States. Increasingly, because of the regulatory regime of the government, whether it is green tech, R and D in pharma or biotech, capital is not coming to Canada, because confidence is diminished under the government. In fact, the government has actually worked against entrepreneurs with the changes to closely held private corporations, with its treatment of dividends and with the treatment of retained earnings and where it wants to go with that. The government was almost going to eliminate stock options as well.
If we are going to compete for talent and capital, we actually have to reverse most of the decisions of the government. Whether it is in resources, green tech or manufacturing in Ontario, we have to be competitive, or we will not see the jobs and investments.