Imagine how foolish you'd look if, like one clever salesman who once pitched to me, you tried to license your product to a big industry player without knowing they just launched a competing product. With the right background research, he could have avoided that and other landmines - and so can you.

(On soft launches) It allows you to test your assumptions and see which ones you got right, and more, importantly, which ones you got wrong. A big hard launch is expensive. Getting even one thing wrong can force you to go out of business.

Imagine bringing Canada into a trillion-and-a-half of deficit. That's insane.

Trump has been very, very open and clear on what he's going to do. He's going to make the U.S. very competitive on taxes, corporate and personal. He's eliminating policy on carbon and the regulatory environment on shale and energy and pipeline development. These are all things that Canada has to do and we no longer have a competitive environment to do them in. It manifests itself in the slow grind of our economy.

Trudeau motivated people between the ages of 18 to 35 to vote, and 82 per cent of them voted for him. That changed Canadian politics forever. If they stay motivated, and believe me, they are, no party can ever get a majority mandate again without winning at least 60 per cent of those voters. There hasn't been a Conservative candidate in 15 years that ever got on a campus anywhere here in any Canadian university and wasn't thrown stones at.

If a man could give birth it would be to a book - it's an 18-month gestation period.

The practical reality of managing cars in the family - I do 36-month leases. I think they're horrible investments. And you want to give them back after their warranty is over.