Thank you very much, Mr. Chair.
I appreciate your all being here this afternoon. It's a very interesting discussion. However, in my very limited time I'll focus initially on Mr. Golightly.
After I first got elected in 2011 a fellow came to me wondering why he couldn't take advantage of the home renovation tax credit. He pulled out a piece of paper and said there were the renovations he did on his home, and here was a piece of paper to show that he paid for them. It was just an eight-and-a-half by 11 piece of paper, with the numbers $500, $5,000, $2,000, $3,000 on it, and at the bottom the wording that the contractor had received his payment in cash. He was curious why he wasn't eligible to take advantage of the housing tax credit.
How much of a problem is the underground economy? I hear from people all the time who tell me that they've got tradespeople coming into their home to renovate their kitchen, to build an addition to their home, and who legitimately only want the job if they are going to be paid in cash. How much of a problem is that in the home building industry?