Madam Speaker, one of the biggest economic challenges facing our country is a lack of competitiveness, especially vis-à-vis the United States. The member will recall that when the previous American administration was elected, it dramatically reduced taxes on businesses across the United States. In Canada, we kept our taxes high. Over the last five years, we have witnessed a historic flight of capital from Canada. We have never seen it this bad before and we need to do much better.
In my speech, I mentioned a number of things that we have to work on, such as commercialization and improving how we deal with innovation in our country to make sure that we grow these businesses right here at home, rather than sending them abroad.