In the financial sector, which I know best, securities regulation needs to be made simpler and more efficient. And generally, many business regulations need to be harmonized across Canada and some across the NAFTA region. And barriers within Canada to the free movement of goods, services and labour need to be removed.
Tackling this issue is especially important now, as shortages of skilled labour are becoming more pronounced. And it will become even more important as demographic challenges begin to intensify. It would be helpful if trades and professional designations were recognized and fully transferable across the country, and if we could resolve the difficult issue of recognizing the qualifications of many talented immigrants.