Finally, I'll turn to capital cost allowances, CCAs. In Canada, class 38 purchases, which are basically mobile construction equipment, have a 30% declining balance, which means you can't effectively write off your machinery for almost 13 years.
What we'd like to see is an accelerated CCA for that equipment equivalent to what happens in the United States where they have a 25% straight line depreciation. We believe that would not only increase productivity enhancements by encouraging firms to buy newer equipment but also help the environment, because the new diesel-powered engines have better emission controls on them. We think it's a win-win across the board.
I will stop there, Mr. Chair. I look forward to questions.
Thank you.