Finance committee  I think the real reason for that is that we have an aging population. We have people who are living longer. Once you get to a certain age, the likelihood that you're going to continue until you get much older is much higher. Therefore, we need to allow people to take the money ou

Finance committee  No. We tried to do some, and we'll go back into it. It's definitely not going to be costless, but it has to be something that's looked into over time. In fact, the government, in 2008, when there was that crash, allowed a 25% redeposit into the RRIFs of some individuals. If you h

Finance committee  I have a small order and a big one. I'll start with the small one. There was a tax change made in 2008 that inadvertently hurt small western investment dealers. It was a tax change that made a great deal of sense, which was to tax traditional warrants as income, even though it

Finance committee  I'll give you the hard copy version later.

Finance committee  Certainly in terms of the actual reduction in the general corporate tax rate, it is, yes.

Finance committee  That's right.

Finance committee  We have 170.

Finance committee  There were no comments on that subject.

Finance committee  I don't know if they have the metrics to do it. That's the short answer. I think people care, but as to how easy it is to have an actual measure that people will be able to check quickly and easily, I don't know that it's there. I'm interested enough in it myself that I will fo

Finance committee  We have written on the same issue. There are some things that could be done fairly quickly by accepting any exchange that is in an OECD country, because you have certain standards that are in application. I had never thought of it the way you did; potentially that could be someth

Finance committee  We recognize that we're talking about the deficit, and we do think that it needs to be brought down. We think we can reallocate from other areas, rather than necessarily spending new. We think that the general tax rate for corporations is competitive and that it will help us. A

Finance committee  Okay. The remedies we prescribe are in the circle on the back part that I've shown you. First is building up angel networks, setting a net return to Canada requirement. Second is expanding the risk capital for growth businesses. There are a couple of things we can talk about th

Finance committee  I'm Barb Amsden, director of the Investment Industry Association of Canada, or the IIAC. I am pleased to share with you some comments from our association, the IIAC. Our 170 members, with 40,000 employees across the country, range from small regional institutional and retail b

Finance committee  I will. Thank you. The symptom of our weak economy is not enough capital at key stages in the financing cycle, particularly capital-intensive innovative businesses with large research or technology risks that venture capitals don't address, companies with traditional market and