Part 3/8:
The crux of O'Leary's critique lies in Canada’s economic degradation, characterized by investor exodus and political fatigue. He highlights two major legislative burdens hindering growth: Bill C69 and the carbon tax regime. C69 has dissuaded crucial investments in infrastructure and resource development, prompting a significant flight of capital to more inviting environments, notably the United States. The perception is that Canada has become increasingly uncompetitive, as investors choose states like Texas and Florida over Canada due to the favorable business climates there.