Madam Speaker, I want to take that a step further. Not only are we over-regulated, overtaxed and disincentivized regarding investment coming into Canada, but the upfront costs of getting access to capital in this country are enormous. Companies are fleeing to the U.S. because there are incentive programs there, especially in California in the technology sector. They can get funding in innovation centres in California far faster than they can in Canada. It is a burden here.
We need to deregulate and get rid of red tape. Just building an industrial building in this country right now can take years before shovels are put in the ground. The cost of development charges, fees and regulation is outrageous. We have painted ourselves into a corner over the last 20 years and it needs to stop. The Conservative Party will put a stop to it.